2 Wood StreetForest Lodge NSW 2037
Property Details for 2 Wood St, Forest Lodge
2 Wood St, Forest Lodge is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 2022. The property has a land size of 369m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in March 2011.
Last Listing description (May 2011)
Lifestyle - Occupying an enormous north facing 367sqm site with a large 10.7m street frontage including driveway access, this is a quality freehold subdivision opportunity within the sought after City of Sydney council zone (STCA). Shares a boundary with a newly established parkland conservation reserve. The site is a leisurely walk to shops, King Street Newtown, Glebe and Annandale cafes, transport, Sydney University campus and Glebe foreshores.
Accommodation - The existing 2-storey house at the front of the property has 3 large bedrooms, separate lounge and dining, new gas kitchen, polished floorboards and is ready to immediately occupy or lease out whilst planning for a future development. The massive stables at the rear provide scope for developing a new high quality home or multiple dwelling (STCA).
Features - Prized driveway access from the street to the rear makes this site perfect for development. Owner's discussions with council indicate the property may be subdivided, with a new dwelling on the stables footprint or conversion using the existing built form (STCA). The large block provides potential for larger new multi-dwelling development options to capitalise on the parkland views.
Property History for 2 Wood St, Forest Lodge, NSW 2037
- 20 May 2011Listed for Rent - Price not available
- 19 May 2011Listed for Sale SOLD - $1,030,000
- 29 Mar 2011Sold for $1,030,000
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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 2,882 properties. Over the last 5 years, Houses in Forest Lodge have seen a 33.11% increase in median value, while Units have seen a 27.10% increase. As at 31 October 2024:
- The median value for Houses in Forest Lodge is $2,252,696 while the median value for Units is $1,270,916.
- Houses have a median rent of $1,050 while Units have a median rent of $785.
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