SOLD
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Sold on 01 Feb 2024 for $65,000

2 Magnolia Court
Forrest Beach QLD 4850

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 799m2
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Property Details for 2 Magnolia Ct, Forrest Beach

Building Type
Land
Land Size
799m2
Local Government
Hinchinbrook
Lot/Plan
1/SP238138

Last Listing description (February 2024)

This 799 square metre block of land at Forrest Beach has been listed for sale. The block is located in a residential subdivision of the beach area.

Forrest Beach has one of the nicest beach frontages in North Queensland. The beach area is serviced by a primary school, shops, hotel, doctors. It is approximately 17 kilometres from the township of Ingham.

For further details on the property, or our district, or to arrange an inspection at anytime contact the action team at Felix Reitano Real Estate !

The Reitano Family have been selling in the Hinchinbrook district since 1923 - they look forward to assisting you with your next purchase !

See more of what the magnificent Hinchinbrook area has to offer via copying & pasting this link - http://www.hinchinbrookway.com.au or by visiting the attached External Link / Virtual Tour.

Disclaimer:
The particulars of this listing are supplied for information only and shall not be taken as representative in any respect on the part of the Vendor or its agents !

Property History for 2 Magnolia Ct, Forrest Beach, QLD 4850

A timeline of how this property has performed in the market
Last Sold
$65,000
01 Feb 2024
  • 01 Feb 2024
    Sold for $65,000
  • 03 Jun 2022
    Listed for Sale $75,000
  • 01 Jul 2016
    Listed for Sale $75,000
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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 83.55% increase in median value, while Units have seen a 30.52% increase. As at 30 September 2024:

  • The median value for Houses in Forrest Beach is $363,647 while the median value for Units is $261,837.
  • Houses have a median rent of $410.
There are currently 18 properties listed for sale, and 1 property listed for rent in Forrest beach on OnTheHouse. According to CoreLogic's data, 84 properties were sold in the past 12 months in Forrest beach.

Suburb Insights for Forrest Beach 4850

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Felix Reitano
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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.