54/280 Grand AvenueForest Lake QLD 4078
Property Details for 54/280 Grand Ave, Forest Lake
54/280 Grand Ave, Forest Lake is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 116m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in February 2016.
Last Listing description (March 2016)
Experienced or first time investor? Either way this is a property not to be missed, but where do I even begin to explain? The tenants well they are clean, tidy and mature. They pay rent on time and they are here for the long haul!
The location? Pardon the clich but you could quite literally throw a rock from the balcony to the carpark of the suburb s major shopping village; if you have a good arm you could probably reach the actual complex too. That s definitely close!
The great features promote a sense of competition between tenancy applications and this is why the rental yield is great!
3 bedrooms, 2 bathrooms (including ensuite) and a double (tandem) carport.
Private and enclosed pool area.
Open kitchen to dining and living.
Master bedroom with ensuite, private north facing balcony and split system airconditioner.
Additional balcony from the living area.
Next to shops, public transport, fast-food and the gym.
If you are interstate, you can purchase unseen with confidence!
Call me to discuss this wonderful investment opportunity.
Property History for 54/280 Grand Ave, Forest Lake, QLD 4078
- 02 Feb 2016Sold for $290,000
- 18 Jan 2016Listed for Sale Not Disclosed
- 06 Feb 2015Sold for $285,000
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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 8,453 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.
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