SOLD

$899,000 - Forest Lake, Ipswich, QLD

bed4 shower2 directions_car 2 resize448 m2House & Land
This property is shown for informational purposes only as a recommended fit for PublicSquare’s Rent-to-Own and Rent-to-Sell solutions. PublicSquare is not the sales agent and has no affiliation with the vendor or listing agent.
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Location (approximate)

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Investment Opportunity

<p>Invest in a promising opportunity located in the heart of Forest Lake, Ipswich, QLD. This spacious 4-bedroom, 2-bathroom home is designed with families and investors in mind. Nestled in a desirable street, the property is not only a comfortable living space but also represents a high-potential investment property poised for capital growth.<br><br><a href="#read-more" id="show-more" class="read-toggle">Read More</a></p> <div id="hidden-content" class="hidden" aria-hidden="true"> <p>The home boasts a clever layout enhanced by 2.7m high ceilings, creating an expansive feel throughout. The contemporary open-plan kitchen, dining, and lounge areas come equipped with everything a modern family or tenant needs, including split-system air conditioning, a dishwasher, and updated tapware. This low-maintenance property also features a covered outdoor area ideal for entertaining alongside a safe, fully fenced backyard.<br><br>Location is key, with proximity to express bus stops for an easy 45-minute commute to the CBD, and local shops just a short drive away. Those looking for leisure and sustainable living will appreciate the nearby parklands, access to the Logan Motorway, and the home's eco-friendly aspects.</p> <ul> <li>6.6kW solar panel system coupled with a Tesla battery for energy efficiency</li> <li>Hybrid flooring in all bedrooms for durability</li> <li>Extra storage via an insulated garage door and pull-down attic ladder</li> <li>Security screens and CCTV for peace of mind</li> <li>3,000L rainwater tank promoting sustainable living</li> <li>Two air conditioning units along with a solar hot water system</li> </ul> <p>Perfect for those considering the <a href="https://www.publicsquare.com.au/investors/products/rent-to-sell-homes">Rent-to-Sell</a> market, this property aligns with your investment strategy by combining practicality with growth potential. Whether you're a first-time investor or a seasoned pro, registering your interest in this property could be a smart financial move. With its strategic location and modern conveniences, it's a home that offers both profitability and comfort.&nbsp<a href="#read-less" id="show-less" class="read-toggle hidden" aria-hidden="true">Read Less</a></div>

Property Data

**Property Profile Report: Forest Lake, QLD 4078**
*Author: Unknown*

- The property at 64 Nullarbor Circuit, Forest Lake, QLD 4078 is a house built in 2005, with a dwelling size of 163m² on a 448m² land, zoned for light industry.
- Estimated property value as of 19 May 2025 is $940,000, with a range between $845,000 and $1,033,000, though confidence in this estimate is low.
- Recent sales in the area include properties sold between $820,000 and $980,000, indicating a strong market.
- The property is listed with a latest ad price of $800,000+ offers.
- Similar recent sales include a 4-bedroom, 2-bathroom house on a 476m² land with a price of $800,000+ offers.
- The median property value in Forest Lake as of February 2025 is $877,159, with a 9.12% increase over the past 12 months.
- Properties in the $800K-$1M range had 141 sales in the past 12 months, showing strong market activity.
- Median days on market for properties in 2025 is 14 days, indicating quick turnover.
- Median weekly asking rent for houses in Forest Lake in 2025 is $620, with an indicative gross rental yield of 3.86%.
*Data summarized from RP Data, CoreLogic

Suburb Data

suburb_profile_report-Forest-Lake-QLD-4078-250523142026510.pdf

- Forest Lake covers 9.9 square kilometers with 36 parks, making it attractive for families and outdoor enthusiasts.
- The suburb has experienced a population growth of 2.1% from 2011 to 2016, indicating increasing housing demand.
- The predominant age group is 40-49 years, with many households being couples with children, suggesting a stable community.
- The median sales price of houses is $850,000, with a median value of $885,650, indicating a strong property market.
- High percentage of owner-occupied homes, increasing from 65.5% in 2011 to 68.4% in 2016, reflects a stable community.
- Proximity to amenities and infrastructure enhances appeal to potential investors.
- The suburb has a low number of properties listed (81), suggesting high housing demand.
- Recent sales show strong demand, with properties selling for up to $1,100,000.
- The median sale price for units is $533,000, with a positive change in value over the past five years, indicating growth potential.
- The median days on market for units is low, indicating high demand and quick turnover.
- Strong rental market with 3-bedroom houses renting at $750 per week and 4-bedroom houses at $880 per week.
- Indicative gross rental yields around 5.0% for houses and 7.3% for units, attractive for investors seeking rental income.
- High demand for rental properties, particularly 3 and 4-bedroom houses, indicates a robust rental market.
*Data summarized from RP Data, CoreLogic

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Finance Options

When you buy a property through PublicSquare, you can use any broker or lender of your choice. However, it's always good to get a second opinion. PublicSquare Lending work with all major bank, and non-bank, lenders, specialising in investor mortgages for brand new properties.

Investor Resources

For access to additional resources such as property and suburb reports, please register your interest in this property or speak with a publicSquare team member.

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