Forestville suburb profile
Forestville is a serene suburb located in Sydney's Northern Beaches region, offering a peaceful lifestyle amidst lush greenery. Known for its family-friendly atmosphere, the suburb is surrounded by Garigal National Park, providing ample opportunities for outdoor activities such as bushwalking and picnicking. Forestville features a mix of mid-century homes and modern residences, catering to a diverse community. The suburb boasts convenient amenities, including shopping centers, schools, and public transport options, making it an attractive choice for families and professionals. Its proximity to both the city and natural landscapes enhances its appeal as a tranquil yet connected place to live.
Forestville property market performance
Forestville's property market has shown positive growth over the past 12 months, with house values increasing by 5.3% and unit values rising by 10.6%. The median house price has averaged $2.1 million, while units have averaged $977,500, indicating a strong demand for both property types.
Sales activity has been moderate, with 17 houses and 6 units sold in the past 12 months. Houses are selling faster than units, with a median of 53 days on the market compared to 75 days for units, suggesting a more competitive market for houses.
The rental market in Forestville has also experienced growth, with average rents for houses increasing by 7.3% and units by 4.0% over the last 12 months, reflecting a steady demand for rental properties in the area.
Median price - houses$2.10MPast 3 months
Median price - units$978KPast 3 months
Change in value - houses5.3%12 months
Change in value - units10.6%12 months
Houses sold17Past 3 months
Units sold6Past 3 months
Median DOM - houses53Past 12 months
Median DOM - units75Past 12 months
Average rent - houses$1100Past 12 months
Average rent - units$718Past 12 months
Change in rent - houses7.3%Past 12 months
Change in rent - units4.0%Past 12 months
Forestville demographics
Forestville, nestled in Sydney's Northern Beaches, is a serene suburb known for its family-friendly environment and lush greenery. With a population of 8,659, it offers a peaceful retreat from the hustle and bustle of city life while still providing convenient access to Sydney's amenities. The median age of 43 indicates a mature community, with many families and long-term residents enjoying the suburb's tranquil atmosphere and strong sense of community.
The suburb is predominantly composed of couple families with children, making up 58% of the population, which highlights its appeal to families seeking a nurturing environment for raising children. Additionally, 28.7% of households are couple families without children, and 12.3% are one-parent families, showcasing a diverse family structure within the community. Forestville's high median household income of $2,507 per week reflects the suburb's affluence and the quality of life it offers.
Property ownership in Forestville is strong, with 41.1% of homes owned outright and 38.5% owned with a mortgage, indicating a stable and established community. Only 20.4% of properties are rented, which suggests a preference for long-term residency and investment in the area. The suburb's proximity to natural reserves and parks, along with its excellent schools and community facilities, makes it an attractive choice for families and those seeking a balanced lifestyle close to nature.
Forestville infrastructure, key developments and investment opportunities
Forestville remains a highly sought-after suburb for families due to its quiet, leafy streets and close proximity to both the city and Northern Beaches. While there are currently no major new infrastructure or redevelopment projects reported, the area continues to benefit from its established amenities, including reputable local schools, abundant parks, and access to bushland trails, which support strong demand among buyers seeking lifestyle and convenience.
Public transport provides reliable connectivity to Sydney CBD and surrounding commercial hubs, and the suburb’s strategic location between Chatswood and Warringah Mall enhances its appeal for shopping and employment. No significant council planning changes or new large-scale developments have been announced that would impact the local property market at this time. Forestville's ongoing desirability is underpinned by its family-friendly atmosphere and access to quality education and recreational amenities.
Forestville rental market trends
The rental market in Forestville has experienced moderate growth, with house rents increasing 7.3% over the past year to $1,100 per week, while unit rents have risen 4.0% to $718 per week. With its family-friendly environment and proximity to natural reserves, Forestville continues to attract renters and investors seeking a balanced lifestyle with solid rental returns.
Suburbs near Forestville
Some popular suburbs near Forestville include: