5/88 Mulgrave CrescentForest Lake QLD 4078
Property Details for 5/88 Mulgrave Cres, Forest Lake
5/88 Mulgrave Cres, Forest Lake is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1999. The property has a land size of 176m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Townhouse sold in Forest Lake in the last 12 months.
Last Listing description (January 2022)
You will be pleasantly surprised with this townhouse comprising of 2 Bedrooms, 2 separate living areas, Master bedroom with large balcony, 2 Courtyards with one having private access to the park it over looks.
Perfect for the astute investor wishing to add to their investment portfolio or an equally good buy for a small family looking for a low maintenance secured property.
More attributes below to compliment the photos
2 Good Sized Bedrooms with Built In Robes
Upstairs Bathroom with separate toilet
Central Kitchen over looking the tiled living area
Internal Laundry
Security Doors
Secure Courtyard between the property and the single remote garage
Secure Courtyard overlooking the parklands
Air Conditioning
Gated Boutique Complex
Achievable rental return of $320 - $330 per week
Property History for 5/88 Mulgrave Cres, Forest Lake, QLD 4078
- 07 Jul 2025Sold for $460,000
- 13 Dec 2021Sold for $310,000
- 08 Dec 2021Listed for Sale UNDER CONTRACT - Offers over $295,000
Recent sales nearby
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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 8,482 properties. Over the last 5 years, Houses in Forest Lake have seen a 117.22% increase in median value, while Units have seen a 134.45% increase. As at 31 December 2025:
- The median value for Houses in Forest Lake is $1,040,260 while the median value for Units is $608,439.
- Houses have a median rent of $650 while Units have a median rent of $520.
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