8 Palm AvenueForest Hill QLD 4342
Property Details for 8 Palm Ave, Forest Hill
8 Palm Ave, Forest Hill is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 2012. The property has a land size of 1012m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (April 2023)
CONTRACT UNCONDITIONAL!
Located in the village of Forest Hill, you'll find this approximately 8 year old home.
The current rent return of $570 per week, this property represents a great return on investment. The owner does cover the outgoing expenses - power (up to $400 per quarter), gas, water (up to 20kl per quarter), & internet. Lease is in place until December 2023.
* 4 bedrooms, all with built-in robes & ceiling fans, the main with ensuite (with spa).
* Spacious, air-conditioned, open plan kitchen, living dining.
* Well appointed kitchen with dishwasher, and 900mm wide stove with gas cooktop.
* Front & rear deck.
* Approximately 10.5m x 10.5m 3 bay, open front shed.
* 10kw Solar power system
The home is located jut 7 minutes drive from UQ Gatton Campus, and is always an attractive property for students.
Contact Linda for more information or to arrange an inspection.
*NOTE: Minimum 24 hours notice required prior to inspection.
Property History for 8 Palm Ave, Forest Hill, QLD 4342
- 21 Jan 2023Sold for $395,000
- 04 Jan 2023Listed for Sale Offers over $390,000
- 19 Sep 2002Sold for $22,000
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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 129.34% increase in median value, while Units have seen a -58.40% decrease. As at 31 August 2024:
- The median value for Houses in Forest Hill is $561,671 while the median value for Units is $402,361.
- Houses have a median rent of $320.
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