OFF MARKET

11 Chestnut Street
Forrest Beach QLD 4850

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 750m2
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Property Details for 11 Chestnut St, Forrest Beach

Building Type
Land
Land Size
750m2
Local Government
Hinchinbrook
Lot/Plan
4/SP179180

Last Listing description (August 2022)

This prime building block is zoned residential and situated in sought after 'Forrest Palms Estate' in the delightful seaside hamlet of Forrest Beach located just 15 minutes from the thriving town of Ingham in central North Queensland.

Chestnut Street is a modern subdivision featuring underground water, power and phone and has direct access via the all weather Boardwalk which leads you through a gorgeous nature strip towards the beach.


Forrest Beach has over 20 kilometres of unspoiled beaches and has a Supermarket, Medical Centre, Newsagency, School, Pharmacy, take-aways, Surf Club and Hotel.

This property is offered for sale significantly below development cost so do not let this opportunity slip through your fingers. Let the Sellers loss be your gain. Please call exclusive Agent Simon Wright NQ Realty & NQ Land Sales anytime.

Property History for 11 Chestnut St, Forrest Beach, QLD 4850

A timeline of how this property has performed in the market
Last Sold
$60,000
01 Aug 2022
  • 01 Aug 2022
    Sold for $60,000
  • 22 Jun 2022
    Listed for Sale SOLD - $60,000
  • 27 Jun 2016
    Listed for Sale Not Disclosed
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About Forrest Beach 4850

The size of Forrest Beach is approximately 45.2 square kilometres. It has 2 parks covering nearly 10.4% of total area. The population of Forrest Beach in 2011 was 1,232 people. By 2016 the population was 1,247 showing a population growth of 1.2% in the area during that time. The predominant age group in Forrest Beach is 60-69 years. Households in Forrest Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forrest Beach work in a trades occupation. In 2011, 69.8% of the homes in Forrest Beach were owner-occupied compared with 70.7% in 2016.

Forrest Beach has 1,040 properties. Over the last 5 years, Houses in Forrest Beach have seen a 87.90% increase in median value, while Units have seen a 46.00% increase. As at 31 October 2024:

  • The median value for Houses in Forrest Beach is $358,002 while the median value for Units is $257,795.
  • Houses have a median rent of $410.
There are currently 20 properties listed for sale, and 1 property listed for rent in Forrest beach on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Forrest beach.

Suburb Insights for Forrest Beach 4850

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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.