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Overview
Situated on a compact 253 square metre allotment within Brisbane City Council, this property presents a versatile opportunity for aspiring homeowners and investors alike. The limited land size suggests the existing house may be modest or a development site offering potential for a contemporary rebuild or a multi-residence project, subject to council approval.
Located in Forest Lake, a well-established suburb recognised for strong amenities and connectivity, this address benefits from close proximity to local cafés, shops, and quality schools, enhancing daily convenience. The seamless access to public transport and the Brisbane CBD underscores the location's appeal for professionals seeking manageable commutes and families prioritising accessibility to educational and lifestyle facilities.
This property is a strategic entry point to the Brisbane market, promising future capital growth as land availability diminishes in high-demand suburbs. It caters to a range of prospective buyers including renovators, developers, or those aiming for a quality investment in a solid growth corridor.
- Four bedrooms provide ample living space
- Two bathrooms enhance family functionality
- Secure single-car parking
- Compact yet strategically positioned land size
While compact, the parcel offers intrigue for creative redevelopment or a comfortable family residence in an established community hub. Buyers seeking potential and practicality in a sought-after locale will find this property worthy of consideration.
Local Market Insights
In Forest Lake, Quiet Listings observed 42 new houses entering the market over the last 30 days, up from 40 during the previous 30-day period, with an average advertised asking price of $1,045,952. The property type mix of listed properties is predominantly Houses at 90%, followed by townhouses (8%), and land (2%). Ray White was the most active agency in this area, representing 36.2% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Forest Lake QLD 4078