Forest Lodge is a smaller suburb in New South Wales within the Sydney local government area (postcode 2037). With a population of 4,965, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $127K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Forest Lodge is $1.8 million, having dropped significantly 27.6% over the past year. Units have a median price of $1.8 million (+60.8% YoY). The current median weekly rent is $880. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $3,033.
Forest Lodge is served by 1 school, including 1 primary. The average ICSEA score is 1161, which is well above the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Sydney LGA is moderate at 7,409 incidents per 100,000 population.
From an investment perspective, Forest Lodge offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 14.6x is considered stretched. House prices have moved -27.6% year-on-year.
Forest Lodge is a smaller suburb in New South Wales within the Sydney local government area (postcode 2037). With a population of 4,965, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $127K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Forest Lodge is $1.8 million, having dropped significantly 27.6% over the past year. Units have a median price of $1.8 million (+60.8% YoY). The current median weekly rent is $880. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $3,033.
Forest Lodge is served by 1 school, including 1 primary. The average ICSEA score is 1161, which is well above the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Sydney LGA is moderate at 7,409 incidents per 100,000 population.
From an investment perspective, Forest Lodge offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.8M/$1.5M). The price-to-income ratio of 14.6x is considered stretched. House prices have moved -27.6% year-on-year.