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Forest Glen, QLD 4556
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,120,000
market range $1.1M-$1.4M
Median Unit
$800,000
list-price estimate
Gross Yield (units)
4.8%
1yr Growth (houses)
+11.9%
market range +0.0% to +17.5%
Investment snapshot for Forest Glen
Forest Glen has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Forest Glen market and investor summary
Forest Glen (QLD 4556) runs a median house price of $1.1M. House prices have moved +11.9% over the past year and +18.1% over three years. At 0.6% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 0.6% and a resident base that is not shrinking. Houses also take time to sell, around 63 days on market, so plan for a slower exit if you ever need one.
Living in Forest Glen: people, income and schools
Forest Glen is home to around 1,657 people, and the area has been growing steadily, up about 9% over five years. The median age is 46, skewed a little older, and 82% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $72,000 a year, or roughly $1,390 a week. On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 15.5 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 31% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There are 7 schools within about 5km, and they test well above the national school average on ICSEA, a draw for education-focused families. It is fairly car-dependent; the suburb scores 6 for walkability and 1 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 1,657
- +9% over 5yr
- Median age
- 46 years
- Median household income
- $72,000/yr
- Households renting
- 15%
- Family households
- 73%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 7
- avg ICSEA 1113
- Unemployment
- 2.4%
- Walk score
- 6/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Forest Glen
View all →Frequently asked questions about Forest Glen
What should I check before investing in Forest Glen?
Forest Glen has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.8% gives a usable rent-to-price starting point. Capital growth of +11.9% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Forest Glen?
The median property price in Forest Glen, QLD 4556 is $1.1M for houses.
What rental yield does Forest Glen show?
The gross rental yield in Forest Glen is 4.8% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Forest Glen?
House prices in Forest Glen are up 11.9% over the past year and up 18.1% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Forest Glen?
The current vacancy rate in Forest Glen is 0.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Forest Glen?
Forest Glen has a population of approximately 1,657 residents, with a median age of 46.
What schools are near Forest Glen?
There are 7 schools within roughly 5km of Forest Glen. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Forest Glen affordable to buy in?
A median house in Forest Glen costs about 15.5 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Forest Glen's population growing?
The population of Forest Glen has grown about 9% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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