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Suburb Insights ยท SA 5035

Forestville 5035, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Forestville is a well-established middle-ring suburb of Adelaide, Australia, with a population of approximately 1,400, making it a boutique locality. Located 3 km from the Adelaide CBD, Forestville is a middle ring area in South Australia. The median household income is $103,012 AUD per year (ABS 2021 Census).

Investment Score

67 / 100 Good

Above-average earnings in Forestville support sustained property values. The short commute to the city centre is a key demand driver.

Location

Map shows Forestville, South Australia, Australia.

Key Indicators

Postcode
5035

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

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Population
1,400

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

ABS Census Data โ†’
Median Rent (weekly)
$340/wk

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

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Median Household Income
$103,012/yr

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

ABS Census Data โ†’
Distance to CBD
3 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
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,733/mo

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

ABS Census Data โ†’
Dwelling Type
50% 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 $340/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,733/month. A median household income of $103,012/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

Solid fundamentals in Forestville support capital growth over a medium to long hold period.

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Rental Yield

Forestville can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

The resale market in Forestville may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Forestville property

Full Property Analysis

30-year projections for Forestville

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Moderate

The outlook for capital growth in Forestville is encouraging heading into 2026, driven by constrained supply and buyer competition. The rental market in Forestville should see steady occupancy, with moderate upward pressure on rents. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Forestville a good suburb for investment?

Forestville is a middle ring area in South Australia with a population of 1,400. The median rent is $340/week and the median household income is $103,012/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. 50% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Forestville?

According to the ABS 2021 Census, Forestville has a population of approximately 1,400. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Forestville from the Adelaide CBD?

Forestville is approximately 3 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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