With the Brisbane property market tipped to rise in the next couple of years, there’s plenty of interest in the purchasing a property in the Sunshine State. And one of the suburbs that’s had increased interest from buyers is the family-friendly Forest Lake. Whether you’re a born-and-bred local or you’re considering a move interstate, here’s some information and reasons why moving to Forest Lake is a great idea.
Where Is Forest Lake?
Thinking about buying a house in Brisbane? If you’re not familiar with the south-west Brisbane region, Forest Lake is situated 23km from the city. To travel to the CBD, it’s approximately a 30 minute drive via the M5.
Some of the suburbs surrounding Forest Lake include Durack, Algester, Ellen Grove, Goodna, Inala, Richlands and Willawong.
When Was Forest Lake Established?
A relatively modern development, the Forest Lake community was a planned development by Delfin. The suburb began in the early 1990s, consisting of 7700 house lots. The key to the success of Forest Lake was the 120 ha of parklands that were incorporated into the development, including a watercourse, wetlands and lake.
Amenities including shopping centres and schools were established including Forest Lake College, Forest Lake primary school and Forest Lake high school. Due to growing demand Grand Avenue primary school also opened in 1999.
According to realestate.com.au, the majority of residents are established couples & families (23.2%), followed by maturing couples & families (17.8%) and older couples & families (14.2%).
This purpose-built community offers an active outdoor lifestyle for residents, with the parklands and waterways the perfect place for bike riding, jogging and picnics. With outdoor spaces, shopping and schools at your fingertips, Forest Lake is idea for families that like to stay close to home and enjoy their community.
High Demand Market
Forest Lake is considered a high demand property market in Brisbane.
As Forest Lake-based real estate agents, we have noticed a renewed interest in buyers who are keen to purchase properties in this popular suburb.
“I have had open homes with 29-35 people registered for each,” explains Alicia Teremoana, Director of Your Choice Realty. “So, I definitely think the demand at the moment is extremely high — and great for investors to take advantage of.”
If you’re a Forest Lake resident who would like to sell or a buyer who is interested in our fantastic suburb, please get in touch with Your Choice Realty today. We can assist with sales, purchases and rentals in Forest Lake. Call us on 07 3278 9200 or complete our convenient online enquiry form.
* The views and opinions expressed in this blog are those of the authors and do not necessarily reflect the official policy or position of any other agency, organization, employer or company.