Back 40 Forrest St
Off Market

40 Forrest St

Everton Park QLD 4053

3
1
1
405 m²
House
Last sold for $482,000
Ben KnightBen Knight, last sold this property on 24 September 2019 after 35 days on market.

Overview

Perfect Entry Level Home in Prime Location

The owners circumstances have changed. This property must be sold at auction, if not prior. Contact Ben Knight 0439 978 836 today for more information. First home buyers seeking an entry into a blue-chip, sought-after suburb need look no further than 40 Forrest Street. Situated in a quiet and leafy street but just a stone's throw from all amenities, this property is ideal for professional couples, investors, and families just starting out. Brimming with future potential, this home is sure to be in hot demand! Be quick to inspect this weekend. Features include: • Classic post-war home with three bedrooms and one bathroom - perfect entry-level for the couple or young family just starting out; • Low maintenance 405m2 block with a level backyard and established gardens for privacy; • Walking distance to Brookside Shopping Centre, public transport options, Teralba Park, and the Kedron Brook; • Rear entertaining deck, ideal for hosting family and friends throughout the year; • Save money and electricity with 16 x 250w Solar Panels with a 4Kw converter; • Potential to add value with cosmetic updates or more extensive renovations; • Strong investment potential as the location would ensure strong tenant demand. A classic, post-war home, the potential of 40 Forrest Street is evident from first glance. Entering on the upper level, you enter into a combined living and dining area. Your eyes will be drawn to the hardwood timber floors and warm accent wall. Air-conditioning has been strategically installed to cool the entire living space and adjoining kitchen. Situated at the rear of the home, the practical kitchen is bright and airy with easy access to the rear entertaining deck. Cosmetic updates or a full kitchen renovation would add value and - for investors - increase rental return. We envision you will spend most of your time on the rear entertaining deck overlooking the private and flat garden. The spacious deck benefits from local breezes and is the perfect spot for a morning cup of coffee or hosting friends for a weekend BBQ. Returning inside, three bedrooms are on offer - two of which include built-in storage. The main bedroom is queen-sized with air-conditioning installed for your comfort. The bathroom has been updated and offers a shower-over-bath combination. Downstairs, there is an abundance of under house storage and a single lock-up garage, with room for another car off-street in the driveway. In the future, you may wish to raise and build underneath this home to create additional living spaces and add further value. Forrest Street is just moments from Brookside Shopping Centre which includes supermarkets, department stores, and medical facilities. The new Park Lane restaurant precinct is nearby, with more retailers opening soon. For those living an active lifestyle, you will love being so close to Teralba Park plus kilometres of walking and biking trails along Kedron Brook. Your commute will be straightforward with Mitchelton Train Station offering regular services to the Brisbane CBD and beyond, with an abundance of bus services available on nearby South Pine Road. Just 8km from the Brisbane CBD, Everton Park has thrived over the last few years with astute investors and homeowners choosing to invest in the suburb. Everton Park is a suburb primed for further growth and 40 Forrest Street. This property is going to auction on the 25th of September at Harcourts Solutions Pop Up Auction event at Farm House Café in Kedron. Please call me for any further enquiries about the event and how to register for bidding. IT MUST BE SOLD at auction on Wednesday 25th of September, if not prior. An inspection is a must!

Features

3 bedrooms
1 bathroom
1 carspace
405 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Everton Park over the last 12 months, the estimated median property value of 40 Forrest St is $1.31m.

Median value
$1.31m
Estimated value range
$930k - $1.6m
Median days on market
22
Estimated value trend
25%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Everton Park. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40 Forrest St

2023
Rented
Undisclosed
Leased on 24 Aug 2023 by Harcourts Solutions
2019
Sold
$482,000
Auction Sale on 24 Sep 2019 by Ben Knight, of Harcourts Solutions Inner West

Happy sellers in Everton Park

90%
90% of sellers in Everton Park reported that their sale price either exceeded or met their price expectations.

Everton Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 36 reviews in Everton Park over the last 12 months.

Local market activity for 3 bedroom houses in Everton Park

In the last 12 months, 44 three-bedroom houses similar to 40 Forrest St, have been sold.

This represents a 32% increase in three-bedroom houses sales when compared to the previous 12 months.

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