Suburb Profile Report for Forestville NSW (2087)

Forestville House: Median price $1,652,100, Annual capital growth 8.76%, Number of sales 75, Weekly median advertised rent $850

Forestville Unit: Median price $957,500, Annual capital growth 8.97%, Number of sales 22, Weekly median advertised rent $650

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 662th in the list of Australian suburbs ordered by increase in median house value over the last year, Forestville, 2087 is in the top 20% with a property value increase of 16.02% recorded in median house prices.

Forestville,2087 was ranked 1072 in Australia by increase in median property value over the quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in Forestville itself are offering an average vendor discount of -4.85% to real estate investors.

Advertised rents are around the $850 mark per week – giving a return of 2.68% based on the median price in Suburb

With a capital gain of 8.81% for the last 12 months, Forestville, 2087 has performed for property investments than its average annual 8.97% property growth over the last 5 years.

Metrics i HOUSE UNIT
$1,652,100 $957,500
3.91% 6.09%
16.02% 8.81%
8.76% 8.97%
$850 $650
75 22
2.68% 3.53%
59.87 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Forestville NSW
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
Chart Table
Recent sales & rentals