5 Gippsland CircuitForest Lake QLD 4078
Property Details for 5 Gippsland Cct, Forest Lake
5 Gippsland Cct, Forest Lake is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 640m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (January 2023)
When you buy this family friendly 4 bedroom, 2 bathroom property with a lock up double garage, Defence Housing Australia (DHA) will pay your rent every day for the remainder of the lease.
When would you like to move in?
Currently a DHA leased property, it can be vacant and ready to move into in April 2023.
Are you an investor?
Currently leased to Defence Housing Australia (DHA) and if you are an investor, DHA have offered a new 3 + 3 year lease.
DHA have also offered an internal and external repaint and carpet replacement when the house in next vacant. Then you can either rent out privately or move into your new home.
The house features four bedrooms - main with ensuite and walk-in robe, two large living areas and a kitchen designed for easy entertaining. The open plan family/dining room flows out to the outdoor alfresco area and the flat, fully fenced yard.
The house will be comfortable all year round with air conditioning and ceiling fans. Land size: 640 m2. Forest Lake is 19 kms to Brisbane CBD.
DHA Lease Summary
End Date: 08/04/2023
Rent: $490 per week
DHA Lease Options and Variations
Option Available: Used
Right to Vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
- DHA guarantee to pay the rent even if the property is vacant.
- DHA Property Care, an all-inclusive service fee, covers a range of property related services.
- The property is cleaned at the end of each tenancy period.
- The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
- A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent).
Investing with DHA - This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property. In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.
Please email andrew@portfoliosales.com.au or donna@portfoliosales.com.au to book an inspection and make an offer.
Property History for 5 Gippsland Cct, Forest Lake, QLD 4078
- 24 Nov 2022Sold for $742,000
- 18 Oct 2022Listed for Sale Under Contract
- 04 Feb 2008Sold for $410,000
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0About 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 8,478 properties. Over the last 5 years, Houses in Forest Lake have seen a 91.18% increase in median value, while Units have seen a 104.79% increase. As at 31 December 2024:
- The median value for Houses in Forest Lake is $871,823 while the median value for Units is $547,556.
- Houses have a median rent of $610 while Units have a median rent of $450.
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