12 Tropical Drive, Forest Lake, QLD 4078 | Property Value & History | OnTheHouse
OFF MARKET

12 Tropical Drive
Forest Lake QLD 4078

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 154m2
Land area: 450m2
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Property Details for 12 Tropical Dr, Forest Lake

12 Tropical Dr, Forest Lake is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 450m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
House
Year Built
2007
Floor Size
154m2
Land Size
450m2
Local Government
Brisbane
Lot/Plan
52/SP181456

Last Listing description (April 2016)

We specialise in DHA resales and this one may just be the no fuss investment you are looking for. This Forest Lake property has a secure DHA (Defence Housing Authority) lease in place with your rent guaranteed until the end of the lease in August 2019 plus 3 year option. Currently it's renting at $430 pw and reviewed annually every December. *Make an offer today - no ballot to buy*
PROPERTY FEATURES:
* Brick & Tile home

* 4 Bedroom main with A/C, Ensuite & WIR
* Remaining bedrooms with BIR's and ceiling fans
* Modern Kitchen with S/S appliances
* 2 Living areas
* DLUG with internal access
* Approx 7 yrs old
* Leased until July 2019 plus 3 year option
* $430 pw rent - reviewed annually
* 450sqm block fully fenced & flat rear yard
* Outdoor entertaining area
* 3 x Reverse cycle Air Con and ceiling fans throughout.
* Security screens on all doors and windows.
**This property was not flood affected **
Enjoy the benefits of a stress free investment with DHA offering :
** Most maintenance issues paid for by DHA .
** Repainted inside and out and re carpeted at end of lease.
** Guaranteed rent On a DHA lease until July 2018 with an option of three years.
These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no fuss investment property; let DHA do all the hard work for you.
Forest Lake lies approximately 19 km from the Brisbane central business district and within the Brisbane City Council municipality. It adjoins the suburbs of Doolandella, Park Ridge and Algester.
The centrepiece of Forest Lake is an $8.9 million, 10.7 hectare recreational lake, with a perimeter of 2.7 km. Forest Lake was the first Master Planned Community within the municipality of Brisbane. Delfin was the developer of Forest Lake and it has won numerous awards for its design and has a population of over 20000 residents. Delfin are now developing the adjacent Springfield Lakes Master Planned Community.
Located within the Forest Lake development you will find retail, commercial, educational, residential, retirement, and recreational facilities.
If you would like to arrange an inspection on this or any of our other DHA properties or you have any questions please call Sharon Richter on 0407 288028.
**Please note that the photographs in this advertisement are supplied by DHA to protect the current occupants privacy and taken whilst vacant and in between defence tenant placements, they are to be used as a guide only*

Property History for 12 Tropical Dr, Forest Lake, QLD 4078

A timeline of how this property has performed in the market
Last Sold
$461,000
26 Nov 2015
  • 26 Nov 2015
    Sold for $461,000
  • 13 Nov 2015
    Listed for Sale OFFERS ABOVE $459,000
  • 24 Jul 2007
    Sold for $396,500
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About Forest Lake 4078

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 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 8,489 properties. Over the last 5 years, Houses in Forest Lake have seen a 122.62% increase in median value, while Units have seen a 158.01% increase. As at 31 March 2026:

  • The median value for Houses in Forest Lake is $1,130,945 while the median value for Units is $676,916.
  • Houses have a median rent of $650 while Units have a median rent of $530.
There are currently 46 properties listed for sale, and 10 properties listed for rent in Forest lake on OnTheHouse. According to Cotality's data, 373 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.