Suburb Profile

Suburb profile for,

Forest Lake, QLD 4078

About Forest Lake

Forest Lake (4078) is a suburb in Queensland that continues to attract attention from both homeowners and investors.

Demographics and Community

Forest Lake has a population of approximately 22,896, a median age of 35, a median weekly household income of $1,723.

Property Market Overview

The current median house price in Forest Lake is $696,250. Average annual growth is 19.0%.

Properties in Forest Lake spend an average of 27 days on market.

Rental Market

The median weekly rent for houses in Forest Lake is $380. Gross rental yield is 4.10%, providing a solid income return.

Nearby Suburbs

Explore other suburb profiles in the area: Ellen Grove, QLD, Doolandella, QLD, Durack, QLD, Richlands, QLD, Darra, QLD.

Considering Forest Lake for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Forest Lake or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Forest Lake, QLD 4078

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
QLD
Suburb
FOREST LAKE
Postcode
4078
Median price for all dwellings
$696,250
Last 12 months growth return
Up 19.0%
Avg. dwellings for sale in the suburb every month
120
Avg. dwellings sold in the suburb in previous 12 months
354
Avg days on market for a dwelling listing to sell
27 days
Avg. number of people searching in this suburb every month
3405
Avg. rental yield per annum
4.10%
Weekly median rent for all dwellings
$380 per week
Median price for all houses
$696,250
Avg. rental yield growth in the previous 12 months
4.10%
Avg. days for a rental listing to find a tennant
15 days
Total suburb population in 2016
22896
Total suburb population change in 5 years up to 2016
2.10%
Avg. household income per week
$1,723
Median age of the population in the suburb
35
Historic avg annual growth return per annum in the suburb
9.44%