Forest Glen is a quiet locality in New South Wales within the Hornsby local government area (postcode 2157). With a population of 71, the suburb has an established demographic with a median age of 39. Households earn a median income of $134K per year, with an average household size of 3.5 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Forest Glen is $2.6 million, having grown strongly 7.1% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $3,467.
The crime rate in the Hornsby LGA is low at 1,223 incidents per 100,000 population.
From an investment perspective, Forest Glen offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.2x is considered stretched. House prices have moved +7.1% year-on-year.
Forest Glen is a quiet locality in New South Wales within the Hornsby local government area (postcode 2157). With a population of 71, the suburb has an established demographic with a median age of 39. Households earn a median income of $134K per year, with an average household size of 3.5 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Forest Glen is $2.6 million, having grown strongly 7.1% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $3,467.
The crime rate in the Hornsby LGA is low at 1,223 incidents per 100,000 population.
From an investment perspective, Forest Glen offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.6M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.2x is considered stretched. House prices have moved +7.1% year-on-year.