SOLD
Sold on 11 Apr 2024 for $2,225,000

1 Kimber Lane
Forest Lodge NSW 2037

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 113m2
Land area: 601m2
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Property Details for 1 Kimber Lane, Forest Lodge

Building Type
Commercial
Floor Size
113m2
Land Size
601m2
Local Government
Sydney
Lot/Plan
37/DP785953

Last Listing description (February 2024)

Features:
Currently leased as offices "holding yard"
Potential for further re-development (S.T.C.A)

Land 600 sqm (approx)
Zoned - MU1 - Mixed Use
Potential best use - 50 boarding rooms (4 storeys)

Inspect: By Appointment

Property History for 1 Kimber Lane, Forest Lodge, NSW 2037

A timeline of how this property has performed in the market
Last Sold
$2,225,000
11 Apr 2024
Listed for Rent
$3.55k/w
07 Nov 2012
  • 11 Apr 2024
    Sold for $2,225,000
  • 20 Nov 2023
    Listed for Sale For Sale By Expression of Interest
  • 23 Jun 2022
    Sold
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About Forest Lodge 2037

The size of Forest Lodge is approximately 0.5 square kilometres. It has 7 parks covering nearly 3.9% of total area. The population of Forest Lodge in 2011 was 2,720 people. By 2016 the population was 4,589 showing a population growth of 68.7% in the area during that time. The predominant age group in Forest Lodge is 20-29 years. Households in Forest Lodge are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Forest Lodge work in a professional occupation. In 2011, 42.2% of the homes in Forest Lodge were owner-occupied compared with 35.3% in 2016.

Forest Lodge has 2,942 properties. Over the last 5 years, Houses in Forest Lodge have seen a 40.38% increase in median value, while Units have seen a 30.49% increase. As at 30 September 2024:

  • The median value for Houses in Forest Lodge is $2,295,849 while the median value for Units is $1,290,354.
  • Houses have a median rent of $1,000 while Units have a median rent of $750.
There are currently 14 properties listed for sale, and 11 properties listed for rent in Forest lodge on OnTheHouse. According to CoreLogic's data, 148 properties were sold in the past 12 months in Forest lodge.

Suburb Insights for Forest Lodge 2037

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.