22 Forest St, Forest Lodge is a 2 bedroom, 1 bathroom House. The property has a land size of 201m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
This original semi-detached home holds vast untapped potential for buyers looking for a versatile renovation/development project in a highly convenient city-edge location. Set on a good sized 196sqm landholding, the property promises extraordinary prospects for a major transformation or complete rebuild, with the option to purchase the adjoining 238sqm block for a combined 434sqm land parcel. Either way, it represents a unique prospect to capitalise on what is one of the last remaining unrenovated homes in this premium street that's close to the heart of Glebe.
Worn out interiors are desperately in need of a renovation
A westerly aspect with an expansive sundrenched backyard
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 42.45% increase in median value, while Units have seen a 29.02% increase. As at 31 August 2024:
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