What is the true cost of buying an apartment in Forest Lodge?

The median apartment in Forest Lodge is $1,150,000. Including stamp duty ($46,280), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $82,280, or $6,857/month.

What does it really cost to buy a house in Forest Lodge?

The median house in Forest Lodge is $1,850,000. True first-year cost including stamp duty ($84,160), rates, insurance, maintenance, and mortgage repayments is approximately $126,610.

What is the vacancy rate in Forest Lodge?

Forest Lodge currently has a vacancy rate of 1.8%. Properties average 32 days on market.

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True Cost of Buying in Forest Lodge

2037 NSW · 3km to CBD

Rising

Market Intelligence

Forest Lodge is a highly sought-after inner-city suburb located just 3km southwest of Sydney CBD, known for its heritage charm and strategic location. This small but vibrant community is characterized by tree-lined streets, heritage terraces, and a growing collection of modern apartments. The suburb benefits enormously from its proximity to the University of Sydney and Royal Prince Alfred Hospital, creating strong rental demand from students and healthcare professionals. With excellent public transport connectivity and walking access to Glebe's renowned dining and shopping precinct, Forest Lodge offers an ideal blend of urban convenience and village atmosphere. The property market remains robust due to limited housing stock and consistent demand, though affordability challenges persist for first-time buyers. The area attracts young professionals, university students, and investors seeking reliable rental returns in a prime Inner West location.

Prime location 3km from Sydney CBD with excellent connectivityStrong rental market driven by University of Sydney proximityHeritage architecture and tree-lined streets create desirable village atmosphereLimited housing stock maintains property value stabilityWalking distance to Glebe's cafes, restaurants and weekend markets

Market Snapshot

Median House

$1.9M

+8.2% 1yr

Median Apartment

$1.1M

+6.5% 1yr

Median Townhouse

$1.6M

Vacancy Rate

1.8%

32 avg DOM

Yield (Apartment)

4.2%

Yield (House)

3.8%

Auction Clearance

78%

Population

2,800

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$6,857/mo

Purchase Price

$1,150,000

Stamp Duty

$46,280

1st Year Total

$82,280

House

$10,551/mo

Purchase Price

$1,850,000

Stamp Duty

$84,160

1st Year Total

$126,610

Townhouse

$9,185/mo

Purchase Price

$1,650,000

Stamp Duty

$73,160

1st Year Total

$110,216

Run Your Own Numbers

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