10 Palm AvenueForest Hill QLD 4342
Property Details for 10 Palm Ave, Forest Hill
10 Palm Ave, Forest Hill is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 1012m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (September 2023)
This Queenslander home is receiving great returns, and would be the perfect property to start or build on your investment portfolio.
Currently returning rental income of $620 per week with tenants in lease until January 2024. The owner pays the outgoing expenses, power (up to $400 per quarter), water (up to 20kl per quarter) and internet.
The house is very tidy, and well maintained.
* Beautiful polished timber floors throughout.
* 4 bedrooms.
* Spacious kitchen, with meals area.
* Air-conditioned living and dining rooms.
* Front study area.
* Large bathroom with shower, and corner spa.
* Internal stairs to gain access to downstairs area.
Downstairs:
* Enclosed and concreted - great entertaining area.
* Laundry, with extra storage space.
* Second bathroom & toilet.
Other features include elevated rear deck, double carport, fully fenced, 8.8kw solar power system, full pressure town water.
Being just a 7 minute drive to UQ Gatton Campus, the property is the perfect student rental.
Contact Linda for more information, or to arrange an inspection.
*NOTE: Minimum 24 hours notice required prior to inspection.
Property History for 10 Palm Ave, Forest Hill, QLD 4342
- 10 Jul 2023Sold for $405,000
- 20 Dec 2022Listed for Sale $415,000
- 19 Sep 2001Sold for $65,000
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About Forest Hill 4342
The size of Forest Hill is approximately 26.7 square kilometres. The population of Forest Hill in 2011 was 730 people. By 2016 the population was 970 showing a population growth of 32.9% in the area during that time. The predominant age group in Forest Hill is 20-29 years. Households in Forest Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forest Hill work in a labourer occupation. In 2011, 67.5% of the homes in Forest Hill were owner-occupied compared with 58.7% in 2016.
Forest Hill has 471 properties. Over the last 5 years, Houses in Forest Hill have seen a 118.51% increase in median value, while Units have seen a -58.40% decrease. As at 31 July 2024:
- The median value for Houses in Forest Hill is $579,515 while the median value for Units is $351,802.
- Houses have a median rent of $320.
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