Forestville suburb profile
Forestville is a serene suburb located in Sydney's Northern Beaches region, offering a peaceful lifestyle amidst lush greenery. Known for its family-friendly atmosphere, the suburb is surrounded by Garigal National Park, providing ample opportunities for outdoor activities such as bushwalking and picnicking. Forestville features a mix of mid-century homes and modern residences, catering to a diverse community. The suburb boasts convenient amenities, including shopping centers, schools, and public transport options, making it an attractive choice for families and professionals. Its proximity to both the city and natural landscapes enhances its appeal as a tranquil yet connected place to live.
Forestville property market performance
Current median dwelling price$2,020,625Past 3 months
Property growth-4.5%Past 12 months
Forestville’s property market has shown moderate growth over the past 12 months, with house values increasing by 3.0%, bringing the median house price to $2.41 million. The unit market remains stagnant, with no change in median value and limited sales activity, reflecting a lack of demand or availability in this segment.
In terms of sales activity, 27 houses were sold over the past 12 months, with houses spending a median of 36 days on the market, indicating a relatively brisk pace for house sales. The unit market, however, saw only 2 sales, suggesting limited activity or interest.
The rental market in Forestville has seen a notable increase in house rents, which have risen by 6.7% over the last 12 months, with the average rent reaching $1,198. In contrast, unit rents have remained unchanged, indicating stable demand in this sector.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $2.41M | N/A |
Change in value Past 12 months | 3.0% | -12.0% |
Sold Past 3 months | 27 | 2 |
Median days on market Past 12 months | 36 | N/A |
Average rent Past 12 months | $1198 | $600 |
Change in rent Past 12 months | 6.7% | N/A |
5 year median price trend for houses and units
Forestville demographics
Forestville, nestled in Sydney's Northern Beaches, is a serene suburb known for its family-friendly environment and lush greenery. With a population of 8,659, it offers a peaceful retreat from the hustle and bustle of city life while still providing convenient access to Sydney's amenities. The median age of 43 indicates a mature community, with many families and long-term residents enjoying the suburb's tranquil atmosphere and strong sense of community.
The suburb is predominantly composed of couple families with children, making up 58% of the population, which highlights its appeal to families seeking a nurturing environment for raising children. Additionally, 28.7% of households are couple families without children, and 12.3% are one-parent families, showcasing a diverse family structure within the community. Forestville's high median household income of $2,507 per week reflects the suburb's affluence and the quality of life it offers.
Property ownership in Forestville is strong, with 41.1% of homes owned outright and 38.5% owned with a mortgage, indicating a stable and established community. Only 20.4% of properties are rented, which suggests a preference for long-term residency and investment in the area. The suburb's proximity to natural reserves and parks, along with its excellent schools and community facilities, makes it an attractive choice for families and those seeking a balanced lifestyle close to nature.
Forestville infrastructure, key developments and investment opportunities
Forestville remains a highly sought-after suburb for families due to its quiet, leafy streets and close proximity to both the city and Northern Beaches. While there are currently no major new infrastructure or redevelopment projects reported, the area continues to benefit from its established amenities, including reputable local schools, abundant parks, and access to bushland trails, which support strong demand among buyers seeking lifestyle and convenience.
Public transport provides reliable connectivity to Sydney CBD and surrounding commercial hubs, and the suburb’s strategic location between Chatswood and Warringah Mall enhances its appeal for shopping and employment. No significant council planning changes or new large-scale developments have been announced that would impact the local property market at this time. Forestville's ongoing desirability is underpinned by its family-friendly atmosphere and access to quality education and recreational amenities.
Forestville rental market trends
The rental market in Forestville has experienced moderate growth, with house rents increasing by 6.7% over the past year to $1,198 per week, while unit rents have remained stable at $600 per week. This stability in unit rents, combined with the rise in house rents, highlights Forestville as a balanced market with opportunities for both renters and investors seeking steady returns in a suburban setting.
Suburbs near Forestville
Some popular suburbs near Forestville include:
How does Forestville compare to nearby suburbs?
- Median house prices: Forestville’s median house price is 15.1% lower than Killarney Heights’s.
- House price growth: Over the past 12 months, house prices in Forestville have grown 3.0% higher than in Belrose.
- Unit price growth: Property prices in nearby Belrose have risen 37.2% more than in Forestville over the past year.
- Selling speed for houses: Properties in Forestville are selling 29.4% faster than in Killarney Heights.
- Investment considerations: In Forestville, the rental yield for house is 34.9% higher than the Sydney average, while the rental yield for units is 21.7% lower.
- House price growth: Over the past 12 months, house prices in Forestville have grown 27.3% higher than the average rate of growth across Sydney.
- Unit price growth:Over the past 12 months, unit prices in Forestville have grown 38.0% higher than the average rate of growth for units across Sydney.

