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Forest Lodge suburb profile

Forest Lodge is a compact inner west suburb beside Glebe that feels like a small village while sitting close to the University of Sydney and the city. Tree-lined streets are dominated by Victorian terraces and workers' cottages, and a handful of cafés, bakeries and independent shops along Wigram Road give the area a relaxed, walkable character. The mix of students, university staff, young professionals and long-term locals keeps the suburb lively at street level, while nearby parks, the foreshore and strong bus connections mean everyday errands and city links are straightforward.

Forest Lodge property market performance

Current median dwelling price$1,672,500Past 3 months

Property growth-10.0%Past 12 months

Houses don't come up for sale often in Forest Lodge, so there isn't enough recent data to publish a reliable median house price. House values edged up a slight 0.7% over the last 12 months. The unit market has a median unit price of $1.22 million, and unit values fell sharply, down 20.7% over the last 12 months.

Over the last 3 months, 7 houses and 14 units were sold. Over the last 12 months houses sold in a median of 30 days and units in a median of 31 days, so properties have sold in a similar time.

The rental market in Forest Lodge saw house rents rise sharply, up 21.9% over the last 12 months to $1,280 a week. Unit rents rose a modest 4.1% to $885 a week, so house rents grew faster than unit rents.

HousesUnits
Median price
Past 3 months
N/A$1.22M
Change in value
Past 12 months
0.7%-20.7%
Sold
Past 3 months
714
Median days on market
Past 12 months
3031
Average rent
Past 12 months
$1280$885
Change in rent
Past 12 months
21.9%4.1%

5 year median price trend for houses and units

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Forest Lodge demographics

The community has 4,965 people with a median age of 34. The typical household earns $2,437 a week, roughly $126,500 a year.

Families are led by couple families without children, who make up 51.4% of families, while couple families with children account for 35.2%. One-parent families represent 11.5% and other families 1.9%. Together, couple families with and without children comprise about 86.6% of all families.

Homes in Forest Lodge are predominantly rented: 62.7% are rented compared with 37.3% owner-occupied (17.0% owned outright and 20.3% owned with a mortgage).

Suburbs near Forest Lodge

Some popular suburbs near Forest Lodge include:

  • Glebe: Historic, village-like suburb with terrace housing and leafy streets.
  • Camperdown: Urban suburb with large parklands and a strong student presence.
  • Annandale: Established suburb noted for grand Victorian terraces and leafy avenues.
  • Chippendale: Inner-city creative hub mixing renovated warehouses, galleries and new apartments.
  • Newtown: Bohemian, eclectic suburb known for cafés, street art and vibrant nightlife.

How does Forest Lodge compare to nearby suburbs?

  • Median house prices: Forest Lodge’s median house price is 2.4% higher than Camperdown’s.
  • Median unit prices: Forest Lodge’s median unit price is 41.0% higher than Glebe’s.
  • House price growth: Over the past 12 months, house prices in Forest Lodge have grown 1.5% higher than in Chippendale.
  • Unit price growth: Property prices in nearby Glebe have risen 31.1% more than in Forest Lodge over the past year.
  • Selling speed for houses: Properties in Forest Lodge are selling 34.8% faster than in Glebe.
  • Selling speed for units: Properties in Forest Lodge are selling 22.5% faster than in Glebe.
  • Investment considerations: In Forest Lodge, the rental yield for house is 39.3% higher than the Sydney average, while the rental yield for units is 12.6% higher.
  • House price growth: Over the past 12 months, house prices in Forest Lodge have grown 24.6% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Forest Lodge have grown 5.7% higher than the average rate of growth for units across Sydney.

Choose the right real estate agents in Forest Lodge

Choosing the right real estate agent in Forest Lodge can have a big impact on your sale. While there are 53 real estate agents working in the suburb, but just 5 of them were responsible for 38.5% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.66% to 2.15%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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