OFF MARKET

3 Cobourg Street
Forest Lake QLD 4078

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 162m2
Land area: 448m2
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Property Details for 3 Cobourg St, Forest Lake

3 Cobourg St, Forest Lake is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 448m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
2004
Floor Size
162m2
Land Size
448m2
Local Government
Brisbane
Lot/Plan
40/SP166124

Last Listing description (May 2022)

Enjoying fresh low-maintenance living with a generous 4-bedroom layout, this comfortable family home is a fantastic opening to join the market in a great location.

Investors looking for an ideal set-and-forget opportunity can rely on this property's lease management by Defence Housing Australia (DHA), which provides a tenant rental guarantee to ensure full returns alongside other beneficial protections within the lease. The current lease agreement with DHA is in place until March 2023. The new owner will take over the existing lease until the expiry date.

This solid single-level rendered brick home presents neat and tidy street appeal with a sunny north-easterly front garden and a quality Colorbond roof all set on a slightly elevated 448m2 block amongst other well-presented homes.

Living space is plentiful with 4 good-sized bedrooms each with built-in wardrobes, while the master boasts a large walk-in wardrobe and its own private ensuite. A full central bathroom serves the others alongside a separate toilet and laundry room.

The lovely well-appointed kitchen offers plenty of bench space and cabinetry, all opening out to the adjoining tiled family and dining areas with lots of space to relax and dine. A separate formal living room adds even further space for family comfort.

Privately enclosed at the rear of the home is the spacious pergola entertaining area, perfect for family BBQs and gatherings in the fully fenced backyard with a low maintenance rear garden where the kids can run and safely play.

This is an excellent location for any growing family, with access to several great schooling options like Forest Lake State High School, Pallara State School and St John's Anglican College. All amenities are within easy reach including local parks, bus transport and Forest Lake Shopping Centre for shopping, cafs, medical centres and more.

Council Rates are $452 per quarter approx.
Water Rates are $214 per quarter approx.

Don't miss out on this promising investment opportunity, contact Col on 0490 047 708 and register your interest today!

Features
- Split System Air Con
- Ceiling Fans
- Remote Lock-Up Double Garage
- Internal & Rear Access Via Garage
- Easy Motorway Access

Upside Contact-Free Policy

In adherence to current restrictions, Upside Realty has implemented procedures for all buyer inspections, as follows:

- Hand sanitisers will be provided for all inspection attendees including the agent
- All COVIDSafe measures to be followed
- All contracts issued are paperless

Property History for 3 Cobourg St, Forest Lake, QLD 4078

A timeline of how this property has performed in the market
Last Sold
$665,000
02 May 2022
  • 02 May 2022
    Sold for $665,000
  • 13 Apr 2022
    Listed for Sale New to Market
  • 11 May 2015
    Listed for Sale Not Disclosed
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About Forest Lake 4078

The size of Forest Lake is approximately 9.9 square kilometres. It has 36 parks covering nearly 15.4% of total area. The population of Forest Lake in 2011 was 22,426 people. By 2016 the population was 22,896 showing a population growth of 2.1% in the area during that time. The predominant age group in Forest Lake is 40-49 years. Households in Forest Lake are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forest Lake work in a professional occupation. In 2011, 65.5% of the homes in Forest Lake were owner-occupied compared with 68.4% in 2016.

Forest Lake has 8,451 properties. Over the last 5 years, Houses in Forest Lake have seen a 89.86% increase in median value, while Units have seen a 99.03% increase. As at 31 October 2024:

  • The median value for Houses in Forest Lake is $860,835 while the median value for Units is $536,113.
  • Houses have a median rent of $600 while Units have a median rent of $450.
There are currently 55 properties listed for sale, and 14 properties listed for rent in Forest lake on OnTheHouse. According to CoreLogic's data, 359 properties were sold in the past 12 months in Forest lake.

Suburb Insights for Forest Lake 4078

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.