Fraud Blocker

Forest Lodge, NSW 2037

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Forest Lodge, NSW 2037 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Forest Lodge, NSW 2037”

  1. The total adult population (15 years or older) of Forest Lodge 2037 NSW is 4,346, with a median age of 34. Of those, 32.08% are married, 10.81% are divorced or separated, 55.80% are single and 1.27% are widowed.

    The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $14,656. The median monthly mortgage repayment for households in this suburb is $3,033 which is 20.69% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in the heart of New South Wales, the suburb of Forest Lodge 2037 is home to an impressive 2,956 households. As we look into the third quarter of 2023, the property market in the area presents some interesting data for houses.

    The typical price for houses in Forest Lodge as of Q3 2023 stands at a substantial $2,356,669, and with median weekly rents at $993, this equates to an indicative yield of 2.19%. This yield might seem slightly underwhelming as it falls below the minimum attractive market requirement of a 3% yield for cashflow-centered property investors. However, it’s essential to look at the complete, broader picture.

    In terms of socio-economic factors, Forest Lodge boasts a score of 1163 out of 1217 on the Index of Relative Socio-economic Advantage and Disadvantage (IRSAD). This high score signals a vibrant locality with good access to economic resources and a population amongst the top earners with skilled occupations.

    However, when it comes to the renter to owner ratio and units to houses ratio, standing at 61% and 57% respectively, the suburb has higher proportions. This elevated renter to owner ratio often reduces the overall appeal of the neighbourhood, while the higher proportion of units could indicate a rental market competitively saturated.

    Affordability metrics present a major consideration in property investment. Forest Lodge’s Affordability Index, representing the estimated duration required to fully own a property, is a daunting 63 years, exceeding the favorable range, indicating decreased housing affordability in the area.

    Supply indicators seem promising, with a stock on market Percentage for houses at a low 0.13% and an inventory level for houses at just 0.46 months – arguably desirable conditions for those looking at investing in this segment. No new residential buildings have been approved (Building Approvals Ratio stands at 0.0%), indicating no impending surges in housing supply.

    Demand indicators also show favourable conditions. With houses spending an average of 26 days on the market, there is a healthy competition amongst buyers. Moreover, the relatively balanced vacancy rate of 2.32% indicates that there is neither an oversupply nor an undersupply of available rental properties. The buy search index for houses sits at 3. While this is on the lower side of the scale, it does not necessarily suggest a limited demand.

    In conclusion, despite some unfavourable metrics such as the high renter to owner ratio, high units to houses ratio and high years to own rate, the market in Forest Lodge 2037 holds promise, thanks to favourable supply-demand conditions, good socio-economic status, and robust typical prices. However, it’s vital to remember the value of trend analysis and continuous market research in light of these static metrics, which is where tools like HtAG Analytics’ Relative Composite Score (RCS) might prove invaluable.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment