Forest Lake Suburb Profile
Queensland 4078

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Forest Lake has 8,457 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 56 properties listed for sale, and 18 properties listed for rent in Forest lake on OnTheHouse. According to CoreLogic's data, 356 properties were sold in the past 12 months in Forest lake.

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.

Suburb Insights for FOREST LAKE 4078

Market Insights
Forest Lake Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Forest Lake Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 22,896

0-9

 

15%

10-19

 

15%

20-29

 

13%

30-39

 

14%

40-49

 

16%

50-59

 

13%

60-69

 

8%

70-79

 

4%

80-89

 

2%

Household Structure
Occupancy

Last Updated: 19/11/2024

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.