Suburb Profile Report for Forestville NSW (2087)

Forestville House: Median price $1,430,000, Annual capital growth 7.77%, Number of sales 86, Weekly median advertised rent $845

Forestville Unit: Median price $880,000, Annual capital growth 7.01%, Number of sales 17, Weekly median advertised rent $645

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Forestville is an average performer in NSW when comparing median price capital growth over the last year. Forestville gave property investors a average capital gain figure when compared to the rest of the state, with 7.52%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Forestville has increased when compared to the 5 year average annual rate.

Forestville2087 is located in NSW which offers an average discount of -5.53% to property investors. Forestville itself is showing figures that indicate -5.63% is the average achievable by property buyers investing in the suburb.

Property investors should expect to get $845 weekly from the median priced house in this suburb.

Over the last year, property investments in Forestville, 2087 have given investors a capital gain of -12.26%. This compares very badly with the 6.59% for NSW as a whole.

Property investors should expect to get $645 weekly from the median priced house in this suburb.

HOUSE UNIT
$1,430,000 $880,000
0.42% N/A
7.52% -12.26%
7.77% 7.01%
$845 $645
86 17
3.07% 3.81%
47.87 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 7834
Median household income ($/weekly) 1731
Median age of persons 41
Median housing loan repayment ($/monthly) 2800
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1175 15.0
    35-44 years 1279 16.3
    45-54 years 1056 13.5
    55-64 years 738 9.4
    65-74 years 799 10.2
    Others 2787 35.6
    Age Group
    Census Count Percent(%)
    Registered Married 3378 59.8
    Not Married 2010 35.6
    Defacto Relationship 261 4.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 5240 69.5
    Croatia 145 1.9
    Papua New Guinea 136 1.8
    United Kingdom 544 7.2
    Other 499 6.6
    Others 973 12.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 155 2.1
    Christianity 5167 71.4
    Islam 41 0.6
    Judaism 51 0.7
    No Religion 1771 24.5
    Others 54 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 213 8.8
    $1,500-$1,999 231 9.5
    $2,000-$2,499 219 9.0
    $2,500-$2,999 332 13.7
    $3,000-$3,499 214 8.8
    Others 1211 50.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2198 37.7
    Employed, worked full-time 2141 36.7
    Employed, worked part-time 1187 20.4
    Employed, away from work 190 3.3
    Unemployed, looking for work 114 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 580 16.5
    Professionals 1102 31.3
    Technicians & trades workers 404 11.5
    Clerical & administrative workers 540 15.4
    Sales 323 9.2
    Others 568 16.2
    Occupation
    Census Count Percent(%)
    Pre-school 236 11.8
    Infants/Primary 817 40.9
    Secondary 473 23.7
    Technical or Further Educational Institution 130 6.5
    University or other Tertiary Institutions 296 14.8
    Others 46 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6684 89.6
    Flat, unit or apartment 584 7.8
    Semi-detached, row or terrace house, townhouse 188 2.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1116 42.2
    Being purchased 952 36.0
    Rented 502 19.0
    Other tenure type 76 2.9
    Tenure Type
Census 2011, ABS
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