5/23 Magnolia Way, Forrestfield is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1992. The property has a land size of 313m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
From the moment you walk inside this Fantastic 3-bedroom one bathroom unit in arguably the best complex in the area, you will want to just move in. Located in a private loop road and a short 5-minute walking distance to shops, parks, doctors and transport and great backdrop outlook to the hills. Ideal for those wanting a quality investment, lock and leave or starting out/winding down. Presently leased out to first class tenant who would love to stay if sold to the astute investor.
It has three great sized bedrooms with built-in-robes, bathroom with separate toilet. A modern low care floor plan with 3 living areas including a theatre. Low care flooring throughout with roller shutters on all doors and windows. A separate family/dining, TV/Theatre and great size lounge leading out to the gorgeous patio filled with established plants you really will think you are in your own garden of Eden which is completely private. Cooled down by air conditioning, with gas cooking, hot water, and heating, solar power to reduce your running costs with a good size lockup carport and secure outdoor storage room.
Ample parking complete with room which will even fit the pop top caravan or boat, every part of space in this wonderful unit has been cleverly used. It has such a nice vibe, extremely low strata fees.
Ideal investment property or starting out or winding down this is the one. And you can bring your four-legged friend as pets are allowed. Don't wait Call me today to view.
STRATA FEES INCLUDE BUILDING INSURANCE AT $1,440 PER ANUM ($27.50 PER WEEK).
KEY FEATURES
- 3 Bedrooms, 1 Bathroom
- Private secure home
- Air Conditioning
- Three great size living areas, lounge, family/dining, theatre/TV
- Secluded lock up carport and ample lockup storeroom
- Close to parks, shops and all amenities
- Meticulously maintained tranquil low care gardens
- Solar power panels
- Magnificent outside covered entertaining area
- Low Strata fees that include building insurance and garden maintenance
Inspect Now Call
The size of Forrestfield is approximately 17.4 square kilometres. There are 22 parks, covering nearly 32.4% of the total area. The population of Forrestfield in 2016 was 12690 people. By 2021 the population was 13181 showing a population growth of 3.9% in the area during that time. The predominant age group in Forrestfield is 30-39 years. Households in Forrestfield are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forrestfield work in a trades occupation.In 2021, 73.10% of the homes in Forrestfield were owner-occupied compared with 73.30% in 2016.
Forrestfield has 6,518 properties. Over the last 5 years, Houses in Forrestfield have seen a 104.98% increase in median value, while Units have seen a 113.75% increase. As at 30 April 2026:
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