This is a concept website. Dotto is not a real estate agent. We don’t buy, sell, rent or manage property. · Enquire about this domain

Forestville Real Estate

Forestville real estate

Flats or apartments make up 6% of occupied homes in Forestville, where the NSW share is 22%. The suburb of Forestville had 8,659 people living in it at the 2021 Census.

  • House 80
  • Townhouse or terrace 13
  • Flat or apartment 6
  • Other or not stated 1
  • Owned outright 39
  • Mortgaged 37
  • Rented 20
  • Other or not stated 4
Homes in Forestville as a street of 100, from the census count of households by kind of home and tenure. Other or not stated also takes up the rounding.
Median rent$650 a weekNSW $420
Median mortgage repayment$3,250 a monthNSW $2,167
Median household income$2,507 a weekNSW $1,829

Few flats, plenty of bedrooms in Forestville

With 6% of occupied homes counted as flats or apartments, Forestville sits below the 22% recorded across NSW. Separate houses account for 80% of occupied homes, above the state's 66%, while townhouses, terraces or semi-detached houses make up 13%, against 12% statewide. Read together, these figures suggest a smaller share of homes in apartment buildings here than in the state as a whole, and a larger share that are standalone houses.

Bedroom counts point the same way. In Forestville, 48% of homes have four or more bedrooms, compared with 34% across NSW, while homes with three bedrooms are 31% (35% statewide) and those with two bedrooms or fewer are 20% (30% statewide). On Census night, 5% of private dwellings in the suburb were unoccupied, below the NSW figure of 9%.

New South Wales, the same way: 66 houses, 22 flats, 33 rented. Other or not stated also takes up the rounding.

Higher rents and repayments, and a smaller share renting

Rent in Forestville has a median of $650 a week, above $420 across NSW, and the median mortgage repayment is $3,250 a month, above $2,167. Median household income runs above the state as well: $2,507 a week, compared with $1,829. Worked out on this page from two medians, the median weekly rent equals 26% of the median weekly income of all Forestville households, renters or not, against 23% across NSW.

Renting is less common here: 20% of households rent, below 33% across NSW. Of those renting households, 61% rent from a landlord the ABS records as a real estate agent, below the state's 69%. On the ownership side, 39% of households own outright (32% across NSW) and 37% are paying off a mortgage (33% across NSW), both above the state.

Larger households, and a higher share at the same address

One 2021 Census question asked each person aged five and over where they had lived in 2016. In Forestville, 68% of people aged five and over were at the same address five years earlier, above 54% across NSW. A share above the state's suggests a larger share of people aged five and over here at the same address in 2021 as in 2016 than across NSW.

Households in the suburb of Forestville average 2.9 people, above 2.6 across NSW, so households here are larger on average than across the state. The median age is 43 years, above the NSW median of 39, which suggests an older population than the state's. In all, 8,659 people lived in the suburb at the 2021 Census.