51 Banksia CircuitForest Lake QLD 4078
Property Details for 51 Banksia Cct, Forest Lake
51 Banksia Cct, Forest Lake is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 320m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom House sold in Forest Lake in the last 12 months.
Last Listing description (February 2026)
51 BANKSIA CIRCUIT, FOREST LAKE.
An excellent opportunity to secure a well-presented, income-producing property in a consistently high-demand Forest Lake location. Currently tenanted until September, this light-filled home offers immediate rental returns with future flexibility for owner occupation or re-leasing.
The property features a highly desirable open-plan layout with high ceilings, enhancing natural light and tenant appeal. Private outdoor spaces, including a courtyard and separate backyard, further strengthen its long-term rental desirability while keeping maintenance to a minimum.
Investment Highlights:
• Securely tenanted until September – immediate income stream at $580 Per Week
• Three bedrooms and two bathrooms – strong rental demand configuration
• Open-plan kitchen, dining, and lounge ideal for modern tenants
• High ceilings and excellent natural light throughout
• Private courtyard plus additional backyard – rare at this price point
• Low-maintenance 320m² land holding
• Single car accommodation
• Well-designed floorplan appealing to a broad tenant market
• Located close to schools, shops, transport, and recreational facilities
• Proven Forest Lake suburb with consistent tenant demand
This property represents a smart, set-and-forget investment with solid fundamentals, tenant appeal, and future upside in a tightly held area.
One-on-One Inspections are available anytime, to best suit you and your schedule. To arrange yours, please contact us.
From all of us at Johnson Real Estate, we wish you every success in your property search.
Property History for 51 Banksia Cct, Forest Lake, QLD 4078
- 17 Feb 2026Sold for $980,000
- 22 Jan 2026Listed for Sale Smartre Sale $989,000
- 30 Aug 2021Listed for Rent $380 / week
Recent sales nearby
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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 8,482 properties. Over the last 5 years, Houses in Forest Lake have seen a 107.13% increase in median value, while Units have seen a 145.48% increase. As at 30 June 2026:
- The median value for Houses in Forest Lake is $1,130,040 while the median value for Units is $753,739.
- Houses have a median rent of $668 while Units have a median rent of $480.
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