115 Mulgrave Crescent, Forest Lake, QLD 4078 | Property Value & History | OnTheHouse
FOR SALE

115 Mulgrave Crescent
Forest Lake QLD 4078

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 112m2
Land area: 320m2
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Property Details for 115 Mulgrave Cres, Forest Lake

115 Mulgrave Cres, Forest Lake is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1998. The property has a land size of 320m2 and floor size of 112m2.This Property is currently listed for sale with Smart Property Services - Sales & Rentals - Graceville

Building Type
House
Year Built
1998
Floor Size
112m2
Land Size
320m2
Local Government
Brisbane
Lot/Plan
127/RP909479

Last Listing description (May 2026)

Perfectly positioned within one of Forest Lakes quiet and family-friendly pockets, this beautiful low-set residence offers the ideal balance of comfort, practicality and relaxed suburban living.

Set amongst leafy surrounds and surrounded by established homes, 115 Mulgrave Crescent presents an exceptional opportunity for first home buyers, downsizers, investors or young families seeking an easy-care lifestyle in a highly connected location.

Designed for effortless everyday living, the home offers a spacious front lounge, separate dining area and an additional family room flowing seamlessly through to the private outdoor entertaining area.

The well-appointed kitchen sits centrally within the home and overlooks the living spaces, creating the perfect layout for both entertaining and day-to-day family life.

Large sliding doors and expansive windows invite natural light throughout, while the covered patio and low-maintenance surrounds create a peaceful outdoor setting to relax or entertain all year round.

Privately positioned, the master bedroom includes direct access to the two-way bathroom, while the additional bedrooms are well-sized with built-in robes. The practical floorplan offers excellent separation of spaces and flexibility for growing families or those working from home.

Property features include:

- Three well-sized bedrooms with built-in robes
- Spacious master with two-way bathroom access
- Multiple living and dining zones
- Functional kitchen with breakfast bar and dishwasher
- Covered outdoor entertaining area
- Single lock-up garage with additional storage space
- Low-maintenance 320m² allotment
- Quiet, family-friendly street surrounded by established greenery

Conveniently positioned close to Forest Lake Shopping Centre, local cafés, quality schooling options including Forest Lake State School, Forest Lake State High School and St Johns Anglican College, the property also offers excellent connectivity to both Brisbane CBD and Ipswich via nearby major transport corridors and public transport options.

Only moments from the beautiful lake precinct, residents enjoy easy access to scenic walking and cycling paths, playgrounds, picnic areas and an abundance of outdoor recreational spaces, creating a true sense of community living.

Combining lifestyle, convenience and long-term growth appeal, it is easy to see why Forest Lake continues to remain one of Brisbanes most consistently sought-after family communities.

We look forward to Welcoming you at our next open home.

Property History for 115 Mulgrave Cres, Forest Lake, QLD 4078

A timeline of how this property has performed in the market
Last Sold
$225,000
16 Nov 2005
Listed for Rent
$460/w
04 Sep 2023
  • 13 May 2026
    Listed for Sale SUBMIT OFFERS
  • 01 Aug 2023
    Listed for Rent $460 / week
  • 22 Jul 2021
    Listed for Rent $365 / week
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About Forest Lake 4078

The size of Forest Lake is approximately 9.9 square kilometres. There are 36 parks, covering nearly 15.4% of the total area. The population of Forest Lake in 2016 was 22904 people. By 2021 the population was 22676 showing a population decline of 1.0% in the area during that time. The predominant age group in Forest Lake is 10-19 years. Households in Forest Lake are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Forest Lake work in a professional occupation.In 2021, 71.70% of the homes in Forest Lake were owner-occupied compared with 68.40% in 2016.

Forest Lake has 8,492 properties. Over the last 5 years, Houses in Forest Lake have seen a 116.69% increase in median value, while Units have seen a 163.29% increase. As at 30 April 2026:

  • The median value for Houses in Forest Lake is $1,137,789 while the median value for Units is $694,007.
  • Houses have a median rent of $650 while Units have a median rent of $540.
There are currently 57 properties listed for sale, and 10 properties listed for rent in Forest lake on OnTheHouse. According to Cotality's data, 354 properties were sold in the past 12 months in Forest lake.

Suburb Insights for Forest Lake 4078

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.