Forest Lodge, NSW

UNDERVALUED

3,816 sales · 36 years of data · NSW, Australia

$1,490,000
Median (All)
$2,562,500
Median (Houses)
$1,088,000
Median (Apartments)
2.3%
10yr CAGR
3.1%
36yr CAGR
67.1%
Strata %
36 years of data · 3,816 sales analysed · 2,500+ suburbs · Updated weekly

Forest Lodge, NSW Property Market Overview

Forest Lodge, NSW, 2037, is a vibrant inner-west suburb of Sydney, offering a mix of residential charm and convenient access to the city. Our data spans 36 years of property sales, recording a total of 3,816 transactions. The current median property price in Forest Lodge is $1,490,000, reflecting its desirability and proximity to key amenities.

Forest Lodge features a diverse property landscape, with houses currently sitting at a median of $2,562,500 and apartments at $1,088,000. This suburb is notable for its blend of heritage architecture and modern developments, creating a unique character that appeals to a range of buyers. The blend of houses and strata title apartments makes it an area with a variety of housing options.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $627,663
Based on the 10-year compound annual growth rate of 2.3%
Predominantly apartments67% apartments
33% of sales are houses and other non-strata properties
Loading chart...

Property Mix

33%
67%
Houses 33%$2,562,500Apartments 67%$1,088,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Forest Lodge

Street Rankings

Top streets in Forest Lodge, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Foss StHouse7$2,380,000
2St Johns RdHouse6$2,365,000
3Ross StHouse5$1,980,000
4Charles StHouse6$2,665,000

... and 36 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Charles StHouse6$15,222/m²
2Parramatta RdHouse5$14,420/m²
3Ross StHouse5$15,615/m²
4Lodge StHouse3$14,055/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Charles StHouse+10.5%
2Hereford StHouse+7.0%
3Charles StApartment+5.5%
4Albert StHouse+5.3%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

345
apartment buildings analysed
#AddressSalesMedian$/m²
1172 Ross St11$1,370,000$12,615/m²
217 Grattan Cl4$1,395,000$11,096/m²
38 Grattan Cl3$1,415,000$12,198/m²
4159 Ross St5$1,715,000$15,909/m²

... and 341 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

53
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

67%
apartments across 345 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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40 streets and 345 buildings to explore

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3 street rankings
All 40 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
345 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 3,816 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Forest Lodge at a Glance

Region
Inner West
CBD Distance
4km west of Sydney CBD
Train Station
Redfern Station (T1 North Shore, Northern & Western Line)
Council
City of Sydney Council
Property Character
Established residential with medium-density development
Community
Young professionals and established families

Forest Lodge, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Forest Lodge, NSW

Living in Forest Lodge offers a blend of urban convenience and community charm. The suburb boasts several parks, including John Street Reserve and Forest Lodge Park, providing green spaces for recreation and relaxation. Nearby, you'll find Glebe Village, offering a range of cafes, restaurants, and boutique shops.

Families are drawn to Forest Lodge due to its proximity to reputable schools such as Forest Lodge Public School and Glebe Public School. Transport options are readily available, with bus routes connecting Forest Lodge to the CBD and surrounding areas. The suburb has a friendly and welcoming vibe, making it an appealing place to call home. The character of Forest Lodge is enhanced by its proximity to the University of Sydney and Royal Prince Alfred Hospital, contributing to a diverse and intellectual atmosphere.

The suburb's community is active and engaged, fostering a strong sense of belonging among residents. Forest Lodge's proximity to the Sydney Fish Market and Blackwattle Bay adds to its unique appeal, offering residents access to fresh seafood and waterfront promenades.


Who Buys in Forest Lodge?

The buyer profile in Forest Lodge is diverse, reflecting the suburb's mix of housing types and lifestyle offerings. The high strata percentage (67.1%) suggests a strong presence of apartment dwellers, including first home buyers, young professionals, and downsizers seeking low-maintenance living. The median apartment price of $1,088,000 makes it relatively accessible compared to houses.

Families are also attracted to Forest Lodge, drawn by the local schools and parks. The higher median house price of $2,562,500 indicates that families purchasing houses in Forest Lodge are typically established and financially secure. The historical growth rates, with a 20-year CAGR of 5.5%, may also appeal to long-term investors.

Market Analysis

Currently, the Forest Lodge property market is assessed to be below its long-term trend, placing it in undervalued territory. This cycle position indicates that, historically, prices in Forest Lodge may have potential to appreciate towards their established norms.

The undervalued label suggests a potential entry point for buyers who believe in the long-term fundamentals of the Forest Lodge market. The cycle position is a snapshot of historical price movements relative to a long-term trend, and does not guarantee future performance. It is important to consider this within the context of broader market conditions and individual property characteristics.


Is Forest Lodge a Good Investment?

Considering the historical data, Forest Lodge presents an interesting case for long-term growth. The suburb's 20-year CAGR of 5.5% demonstrates its ability to appreciate in value over time. The current cycle position, which labels Forest Lodge as being below its long-term trend, may present a potential entry point for some.

The drivers of property values in Forest Lodge include its desirable location in Sydney's inner-west, its proximity to amenities, and its diverse housing options. The suburb's strong community character and access to transport further enhance its appeal. As of early 2026, the data indicates that Forest Lodge is in undervalued territory, which is a key factor to consider. The historical growth rates and cycle position should be analysed in conjunction with broader market trends when assessing the potential for future price appreciation.


Forest Lodge Market Outlook

As of early 2026, the Forest Lodge property market is currently identified as being below its long-term trend. This cycle position reflects the historical relationship between property prices and their long-term averages in the suburb.

Recent price trends should be monitored closely to understand the direction of the market. The broader economic environment and interest rate movements will also play a significant role in shaping the future of the Forest Lodge property market. The data suggests a period of potential opportunity, but buyers and sellers should conduct thorough due diligence before making any decisions.

Streets & Location in Forest Lodge, NSW

Forest Lodge, postcode 2037, boasts a network of 40 streets, each contributing to the suburb's unique character. Some of the top streets by median property price include HEREFORD ST, ROSS ST, and WIGRAM RD. These streets often feature a mix of architectural styles and desirable locations within Forest Lodge.

Forest Lodge's location in Sydney's inner-west provides convenient access to the CBD and surrounding suburbs. This accessibility, combined with its residential appeal, makes it a sought-after area for many buyers.

Market Dynamics

Market transaction patterns in Forest Lodge show an average settlement timeframe of 53 days. This indicates a relatively efficient sales process within the suburb. The quick-flip percentage is not available at this time.

The settlement timeframe provides insight into the liquidity of the Forest Lodge property market. As of early 2026, the data suggests a typical period for property transactions to be completed.

Development & Density

Forest Lodge exhibits a moderate level of development density, with 345 apartment buildings contributing to the suburb's housing stock. The high strata percentage of 67.1% indicates a significant proportion of apartment living in Forest Lodge.

This mix of housing types caters to a diverse range of residents, from those seeking low-maintenance apartment living to those preferring traditional houses. The development density reflects Forest Lodge's evolution as an inner-city suburb.

Growth & Property Mix

Over the long term, Forest Lodge has demonstrated steady property value growth. The 10-year Compound Annual Growth Rate (CAGR) stands at 2.3%, while the 20-year CAGR is a more substantial 5.5%. Looking at the entire 36-year data period, the CAGR for Forest Lodge is 3.1%. The property mix is significantly weighted towards strata apartments, accounting for 67.1% of the market, which may attract investors seeking rental income.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Forest Lodge, NSW

What is the median property price in Forest Lodge?
The current median property price in Forest Lodge is $1,490,000. Houses have a higher median price of $2,562,500, while apartments sit at a median of $1,088,000, reflecting the diverse housing options available in the suburb.
Is Forest Lodge overvalued or undervalued?
Currently, the Forest Lodge property market is assessed to be below its long-term trend. This indicates that the suburb is in undervalued territory, based on historical price patterns.
How has the Forest Lodge property market performed over 10 years?
Over the past 10 years, the Forest Lodge property market has experienced a Compound Annual Growth Rate (CAGR) of 2.3%. This reflects moderate growth in property values over that period.
What percentage of Forest Lodge is apartments vs houses?
Apartments make up a significant portion of the Forest Lodge property market, with strata title properties accounting for 67.1% of all dwellings. This indicates a high concentration of apartment living in the suburb.
Where is Forest Lodge in the property cycle?
Based on our analysis, Forest Lodge is currently below its long-term trend. This positions the suburb in undervalued territory within the property cycle.
What schools are near Forest Lodge?
Forest Lodge is conveniently located near several reputable schools, including Forest Lodge Public School and Glebe Public School. These schools cater to families living in the area.
What is Forest Lodge like to live in?
Forest Lodge offers a vibrant inner-city lifestyle with a strong sense of community. The suburb boasts parks, cafes, and convenient access to the CBD, making it an attractive place to live.
Is Forest Lodge good for families?
Forest Lodge can be a good option for families, with its proximity to schools and parks. The suburb also offers a mix of housing types, although houses tend to be more expensive than apartments.
How far is Forest Lodge from Sydney CBD?
Forest Lodge is located approximately 4km west of the Sydney CBD. This provides residents with easy access to the city for work and leisure.
What transport options are in Forest Lodge?
Forest Lodge is well-serviced by public transport, with bus routes connecting the suburb to the CBD and surrounding areas. Redfern Station is also nearby, providing train access to various parts of Sydney.
How does Forest Lodge compare to nearby suburbs?
Compared to neighbouring suburbs like Glebe and Annandale, Forest Lodge offers a similar inner-city lifestyle. Median property prices in Forest Lodge are generally competitive, but can vary depending on the specific property type.
Is Forest Lodge a good first home buyer suburb?
Forest Lodge could be an option for first home buyers, particularly those interested in apartments. The median apartment price is relatively accessible, but potential buyers should carefully consider their budget and long-term financial goals before purchasing.
What are the best streets in Forest Lodge?
Some of the top streets in Forest Lodge by median property price include HEREFORD ST, ROSS ST, and WIGRAM RD. These streets often feature desirable locations and a mix of architectural styles.
How many properties have been sold in Forest Lodge?
Over the past 36 years, a total of 3,816 properties have been sold in Forest Lodge. This reflects a steady level of property transactions in the suburb.
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