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Forestville vs Glebe

Property investment comparison - Forestville, NSW 2087 vs Glebe, NSW 2037

Head-to-head across core investment metrics: Forestville wins 1, Glebe wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricForestvilleGlebe
Median house price$2.6M$2.6M
Median unit price$1.4M$1M
Gross rental yield (houses)-2.31%
Gross rental yield (units)3.07%-
1-year house growth+8.0%-0.7%estimate
3-year house growth+5.4%-
Vacancy rate2.4%1.1%
Population8,65911,680

Forestville vs Glebe: what the numbers say

Houses cost about the same in both suburbs: the median house price is $2.6M in Forestville and $2.6M in Glebe.

For units, Forestville sits at a median of $1.4M against $1M in Glebe, which makes Glebe the more affordable unit market and Forestville the pricier one.

Over the past year house prices moved +8.0% in Forestville and -0.7% in Glebe (an estimate), so recent momentum favours Forestville, while Glebe went backwards.

Rental vacancy is 1.1% in Glebe and 2.4% in Forestville, so landlords in Glebe face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Glebe is the bigger suburb, with a population of 11,680 against 8,659, larger than Forestville; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Forestville for recent price momentum, Glebe for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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