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Back 51 Banksia Circuit
Off Market

51 Banksia Circuit

Forest Lake QLD 4078

3
2
1
320 m²
House
Last sold for $980,000
JRE The LakesJRE The Lakes, last sold this property on 24 February 2026 after 33 days on market.

Overview

TENANTED INVESTMENT WITH STRONG LAYOUT & LOW-MAINTENANCE APPEAL

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.

Features

3 bedrooms
2 bathrooms
1 carspace
320 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Forest Lake over the last 12 months, the estimated median property value of 51 Banksia Circuit is $880k.

Median value
$880k
Estimated value range
$689k - $1.3m
Median days on market
16
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Forest Lake. 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 51 Banksia Circuit

2026
Sold
$980,000
Private Sale/Treaty on 24 Feb 2026 by JRE The Lakes, of Johnson Real Estate - Forest Lake

Happy sellers in Forest Lake

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

Forest Lake stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 143 reviews in Forest Lake over the last 12 months.

Local market activity for 3 bedroom houses in Forest Lake

In the last 12 months, 129 three-bedroom houses similar to 51 Banksia Circuit, have been sold.

This represents a 22% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Forest Lake

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Leisa Le

Sellers who recommend Leisa Le have praised them for being local expert, clear communication, responsive, supportive, reliable, friendly and well-prepared

  •   4.9   (698 reviews)
  •  36 Reviews in Forest Lake
  •  40 Sales in Forest Lake
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Saeed Moghaddam

Sellers who recommend Saeed Moghaddam have praised them for being local expert, clear communication, responsive, reliable, honest, supportive and trustworthy

  •   4.9   (278 reviews)
  •  30 Reviews in Forest Lake
  •  20 Sales in Forest Lake
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Gee Singh

Sellers who recommend Gee Singh have praised them for being clear communication, local expert, responsive, honest, supportive, hard-working and great negotiation

  •   5   (174 reviews)
  •  15 Reviews in Forest Lake
  •  16 Sales in Forest Lake
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George Vuong

Sellers who recommend George Vuong have praised them for being local expert, clear communication, responsive, friendly, reliable, honest and great negotiation

  •   4.9   (280 reviews)
  •  10 Reviews in Forest Lake
  •  29 Sales in Forest Lake
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