5 Forest Ridge Court, Springfield Lakes, QLD 4300 | Property Value & History | OnTheHouse
OFF MARKET

5 Forest Ridge Court
Springfield Lakes QLD 4300

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 165m2
Land area: 640m2
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Property Details for 5 Forest Ridge Ct, Springfield Lakes

5 Forest Ridge Ct, Springfield Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 640m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
House
Year Built
2003
Floor Size
165m2
Land Size
640m2
Local Government
Ipswich
Lot/Plan
1066/SP158175

Last Listing description (May 2014)

ACT QUICKLY - SPRINGFIELD LAKES DHA LEASED PROPERTY! GUARANTEED RENT UNTIL 2020.
Currently leased by DHA (Defence Housing Australia) until 2020 with an additional option of 3 yrs.
If you are searching for a no fuss investment this Springfield Lakes property will suit you perfectly! This 4BR home sits on a 640sqm block and is situated just moments from the new Springfield Lakes Train station and a short 20 min train trip to Brisbane CBD - it's bound to offer the astute investor excellent growth in years to come. With a secure DHA (Defence Housing Authority) lease in place your rent is guaranteed until the end of the lease in 2020 +3 yr option. Currently renting at $425 pw and reviewed annually every December.

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is empty
* Annual rent reviews
* Most maintenance paid for by DHA
* Fully Repainted inside and out, and re-carpeted at the end of the lease
* Zero re-letting fee
PROPERTY FEATURES:
* Brick & Tile home
* 4 Bedroom main with Ensuite & WIR
* Bedrooms 2&3 with BIR's and ceiling fans
* 4th Bedroom or Study.
* 2 Living areas
* DLUG with internal access
* Built in 2004
* SPACIOUS 625sqm block ??? fully fenced rear yard
* Outdoor entertaining area
* 3 x Reverse cycle Air Con and ceiling fans throughout
* Security screens on all doors and windows.
* $425 pw rent - reviewed annually
* Quiet Cul De sac position with easy access to schools.
* 30 Minutes to Brisbane's CBD
This home is located in Springfield Lakes - one of Queenslands fastest growing communities. With two start of the art train stations just opened, Orion Springfield Town Centre, Brookwater Golf Course, and the University of Queensland all on your doorstep this area has all the hallmarks to capitalise on growth.
To find out more about this great opportunity or if you would like to arrange an inspection please contact Sharon Richter on 0407 288028.

Property History for 5 Forest Ridge Ct, Springfield Lakes, QLD 4300

A timeline of how this property has performed in the market
Last Sold
$445,000
04 Jul 2014
  • 04 Jul 2014
    Sold for $445,000
  • 19 Apr 2014
    Listed for Sale OFFERS ABOVE $440,000
  • 05 Feb 2008
    Sold for $399,000
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About Springfield Lakes 4300

The size of Springfield Lakes is approximately 8.8 square kilometres. There are 29 parks, covering nearly 8.5% of the total area. The population of Springfield Lakes in 2016 was 15318 people. By 2021 the population was 17211 showing a population growth of 12.4% in the area during that time. The predominant age group in Springfield Lakes is 30-39 years. Households in Springfield Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Springfield Lakes work in a professional occupation.In 2021, 55.60% of the homes in Springfield Lakes were owner-occupied compared with 49.30% in 2016.

Springfield Lakes has 6,572 properties. Over the last 5 years, Houses in Springfield Lakes have seen a 110.26% increase in median value, while Units have seen a 105.71% increase. As at 30 June 2026:

  • The median value for Houses in Springfield Lakes is $1,077,231 while the median value for Units is $808,679.
  • Houses have a median rent of $670 while Units have a median rent of $630.
There are currently 31 properties listed for sale, and 19 properties listed for rent in Springfield lakes on OnTheHouse. According to Cotality's data, 357 properties were sold in the past 12 months in Springfield lakes.

Suburb Insights for Springfield Lakes 4300

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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.