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Suburb Insights ยท NSW 2087

Forestville 2087, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Forestville is a well-established middle-ring suburb of Sydney, Australia, with a population of approximately 8,659, making it a smaller community. Located approximately 12 km from the Sydney CBD, Forestville is a middle ring area in New South Wales. The median household income is $130,364 AUD per year (ABS 2021 Census).

Investment Score

82 / 100 Strong

Forestville benefits from a high-income resident base, supporting premium property pricing. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows Forestville, New South Wales, Australia.

Key Indicators

Postcode
2087

Official Australia Post postcode for Forestville. A postcode may cover multiple suburbs.

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Population
8,659

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$650/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$130,364/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
12 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$3,250/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
76% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Forestville's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $650/week (ABS 2021) indicates a premium rental market. Owner-occupiers face a median mortgage repayment of $3,250/month. A median household income of $130,364/year supports premium property values and indicates a well-employed resident base. 76% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

With robust local demand and income levels, Forestville is a natural candidate for patient investors.

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Rental Yield

Forestville's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

Limited buyer depth in Forestville makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

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Full Property Analysis

30-year projections for Forestville

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Forestville is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Tenants in Forestville have options โ€” presenting well-maintained properties is key to minimising vacancy. Overall, investor sentiment toward Forestville is positive, backed by solid fundamentals.

Frequently Asked Questions

Is Forestville a good suburb for investment?

Forestville is a middle ring area in New South Wales with a population of 8,659. The median rent is $650/week and the median household income is $130,364/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Forestville?

Key demand drivers in Forestville include established amenities and transport access. 76% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.

What is the population of Forestville?

According to the ABS 2021 Census, Forestville has a population of approximately 8,659. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Forestville from the Sydney CBD?

Forestville is approximately 12 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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