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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Population
Glebe - Forest Lodge has seen population growth performance typically on par with national averages when looking at short and medium term trends
Glebe - Forest Lodge's population was approximately 21,843 as of November 2025, an increase of 1,581 people (7.8%) since the 2021 Census which reported a population of 20,262. This increase is inferred from ABS estimated resident population data of 21,794 in June 2024 and validated new addresses since the Census date. The population density was 9,497 persons per square kilometer, placing Glebe - Forest Lodge in the top 10% of locations assessed nationally by AreaSearch. This growth exceeded the state's average of 6.7%, making it a regional growth leader. Overseas migration contributed approximately 87.4% of overall population gains during recent periods. AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022, and NSW State Government's SA2 level projections for areas not covered by this data, released in 2022 with a base year of 2021.
Growth rates by age group are applied to all areas from these aggregations for years 2032 to 2041. Population projections indicate lower quartile growth nationally, with Glebe - Forest Lodge expected to grow by 620 persons to 2041, reflecting a total gain of 2.6% over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development drivers sees a low level of activity in Glebe - Forest Lodge, placing the area among the bottom 25% of areas assessed nationally
Glebe - Forest Lodge has seen approximately 28 new homes approved annually. Over the past five financial years, from FY-21 to FY-25, around 143 homes were approved, with a further 45 approved so far in FY-26. On average, about 1.5 new residents arrived per year for each new home over these five years, indicating balanced supply and demand conditions. However, recent data shows this ratio has intensified to 96.2 people per dwelling over the past two financial years, suggesting growing popularity and potential undersupply.
The average expected construction cost value of new homes is $1,105,000, reflecting developers' focus on the premium market with high-end developments. In FY-26, $543.9 million in commercial approvals have been registered, indicating robust local business investment. Compared to Greater Sydney, Glebe - Forest Lodge has significantly less development activity, 76.0% below the regional average per person. This scarcity of new dwellings typically strengthens demand and prices for existing properties. The proportion of new building activity shows 14.0% detached houses and 86.0% attached dwellings, reflecting a trend towards denser development that appeals to downsizers, investors, and entry-level buyers. With around 3708 people per dwelling approval, Glebe - Forest Lodge reflects a highly mature market.
According to the latest AreaSearch quarterly estimate, the area is forecasted to gain 571 residents by 2041. Given current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.
Frequently Asked Questions - Development
Infrastructure
Glebe - Forest Lodge has very high levels of nearby infrastructure activity, ranking in the top 10% nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch identified 40 projects likely impacting the area. Key projects include New Sydney Fish Market, Cowper Street Social Housing Development, Wentworth Park Rd, Glebe, and Elger Street Social Housing. The following list details those most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
New Sydney Fish Market
The NSW Government is delivering a purpose-built new Sydney Fish Market at Blackwattle Bay designed by 3XN with BVN and Aspect Studios. The c. 26,000 sqm facility will house retail, restaurants and bars, fishmongers and wholesale auction facilities, new wharf and boating infrastructure, and a continuous public foreshore promenade. Construction is nearing completion with government indicating building completion and handover to the operator in late 2025, with public opening scheduled for 19 January 2026. The project is expected to attract over 6 million visitors annually.
Royal Prince Alfred Hospital Redevelopment
The NSW Government has committed $940 million to the redevelopment of Royal Prince Alfred (RPA) Hospital. This is the most significant redevelopment in the hospital's 140-year history. The project is in the construction phase and includes a new 15-storey East Tower, vertical and horizontal expansions to existing structures, and major refurbishments. Key features are an expanded Emergency Department, enhanced Intensive Care Unit, new operating theatres, and expanded women's, babies', and paediatric units. The main works contract was awarded to CPB Contractors in March 2024.
Sydney Metro West - The Bays Station
A major underground station part of the 24km Sydney Metro West line, located between Glebe Island and White Bay Power Station. The project involves the transformation of the Bays West precinct into a mixed-use innovation hub, featuring approximately 250 new homes, commercial and retail spaces, and significant public foreshore access. Tunnelling and station box excavation are well underway, with the line targeting a 2032 opening.
Powerhouse Ultimo Renewal
Major renewal and expansion of the Powerhouse Museum (Museum of Applied Arts and Sciences) in Ultimo. The project delivers new exhibition and education spaces, a 2,000 sqm public plaza on The Goods Line, rooftop venues, improved pedestrian links, heritage restoration of the Ultimo Powerhouse building, and adaptive reuse of the former Harwood building.
Blackwattle Bay Precinct Development
Urban renewal of over 10 hectares of former industrial waterfront land into a mixed-use precinct. Delivers approximately 1,500 new homes (including 7.5% affordable housing following 2025 SEPP amendment), ~100,000 mý commercial/retail floorspace creating around 5,600 jobs, a 30 m wide waterfront promenade completing the 15 km harbourside walk, 1.1 ha Bank Street park, over 34,000 mý total new public open space, and climate-responsive sustainable design integrating cultural and heritage elements. Led by Infrastructure NSW as part of The Bays renewal.
Pyrmont Place
A $900 million mixed-use urban renewal development featuring 237 luxury apartments and penthouses across three residential towers, a commercial building, a 91-place childcare facility, a recreation centre with two indoor sports courts, and communal amenities like a pool, gym, and landscaped areas in the Pyrmont Peninsula. The project has received Stage 2 DA approval from the City of Sydney Council. Construction is expected to commence in mid-2025 with completion anticipated in early 2028.
Landcom Camperdown Mixed-Use Development
NSW Government's $450 million investment to transform the former WestConnex construction site into a mixed-use development featuring approximately 500 apartments. At least 200 build-to-rent apartments will be offered to essential workers (nurses, teachers, police, firefighters) at discounted market rent, with remaining apartments being a mix of market sale and affordable rental housing. The development will include ground-floor retail and commercial spaces, landscaped outdoor areas, and new pedestrian links.
Bank Street Park (Blackwattle Bay)
A new 1.1-hectare waterfront public park surrounding the southern pylons of the Anzac Bridge. The design includes a waterside promenade, playground, multipurpose court, outdoor fitness station, community building with amenities and cafe kiosk, dragon boat storage and kayak launch, cycle paths and enhanced water access. The State Significant Development Application was approved in July 2024, with a design modification approved in July 2025 to improve access, circulation and building layouts. Procurement for a construction contractor is underway with a shortlisted tender panel.
Employment
Employment performance in Glebe - Forest Lodge has been below expectations when compared to most other areas nationally
Glebe - Forest Lodge has a highly educated workforce with notable representation in the technology sector. As of June 2025, its unemployment rate is 7.2%.
Over the past year, employment stability has been relatively consistent. There are 13,088 residents employed, with an unemployment rate of 3.0% higher than Greater Sydney's rate of 4.2%. Workforce participation in Glebe - Forest Lodge stands at 66.0%, compared to Greater Sydney's 60.0%. Employment is concentrated in professional & technical services (1.7 times the regional average), health care & social assistance, and education & training.
The construction sector has limited presence with only 3.7% employment, compared to the regional average of 8.6%. Many residents commute elsewhere for work based on Census data. Over the year ending June 2025, employment increased by 0.5%, while labour force grew by 0.7%, leading to a rise in unemployment rate by 0.2 percentage points. In comparison, Greater Sydney saw employment growth of 2.6% and unemployment rose by 0.3 percentage points. State-level data for NSW as of Nov-25 shows employment contracted by 0.03%, with an unemployment rate of 3.9%. Nationally, the unemployment rate is 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 suggest that Glebe - Forest Lodge's employment should increase by 7.5% over five years and 14.9% over ten years, based on industry-specific projections applied to its current employment mix.
Frequently Asked Questions - Employment
Income
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch
AreaSearch's latest postcode level ATO data for financial year 2022 shows Glebe - Forest Lodge SA2 had a median income among taxpayers of $64,577 and an average of $98,071. This is notably higher than national figures and Greater Sydney's median of $56,994 and average of $80,856. Based on Wage Price Index growth of 12.61% since financial year 2022, estimated incomes as of September 2025 would be approximately $72,720 (median) and $110,438 (average). Census data indicates individual earnings reach the 92nd percentile nationally at $1,230 weekly. Income distribution shows 26.3% of the population earns between $1,500 - 2,999 weekly, aligning with surrounding regions where this cohort represents 30.9%. Significantly, 35.2% earn above $3,000 weekly, reflecting areas of prosperity driving local economic activity. High housing costs consume 21.5% of income, however strong earnings place disposable income at the 62nd percentile nationally. The area's SEIFA income ranking places it in the 9th decile.
Frequently Asked Questions - Income
Housing
Glebe - Forest Lodge features a more urban dwelling mix with significant apartment living, with above-average rates of outright home ownership
Glebe - Forest Lodge had 3.6% houses and 96.4% other dwellings in its dwelling structure as of the latest Census, compared to Sydney metro's 2.3% houses and 97.7% other dwellings. Home ownership was at 17.7%, with mortgaged dwellings at 18.4% and rented ones at 63.8%. The median monthly mortgage repayment in the area was $2,949, higher than Sydney metro's $2,705, while the median weekly rent was $505 compared to Sydney metro's $550. Nationally, Glebe - Forest Lodge's mortgage repayments were significantly higher at $1,863 and rents substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Glebe - Forest Lodge features high concentrations of lone person households and group households, with a fairly typical median household size
Family households account for 49.4% of all households, including 13.7% couples with children, 27.6% couples without children, and 7.0% single parent families. Non-family households comprise the remaining 50.6%, with lone person households at 42.1% and group households making up 8.5%. The median household size is 1.9 people, which matches the Greater Sydney average.
Frequently Asked Questions - Households
Local Schools & Education
Glebe - Forest Lodge shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
Educational attainment in Glebe - Forest Lodge is notably high, with 61.2% of residents aged 15 and above holding university qualifications. This surpasses the national average of 30.4% and the NSW average of 32.2%. Bachelor degrees are the most common at 35.9%, followed by postgraduate qualifications (21.4%) and graduate diplomas (3.9%). Vocational pathways account for 17.5% of qualifications among those aged 15 and above, with advanced diplomas making up 8.9% and certificates 8.6%.
Educational participation is high, with 29.5% of residents currently enrolled in formal education. This includes 14.8% in tertiary education, 5.0% in primary education, and 3.5% pursuing secondary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Glebe - Forest Lodge has 57 active public transport stops. These include ferry, lightrail, and bus services. There are 37 individual routes operating in total.
Weekly passenger trips amount to 9,995. Residents' average proximity to the nearest stop is 132 meters. Daily service frequency averages 1,427 trips across all routes, equating to about 175 weekly trips per stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Glebe - Forest Lodge's residents are extremely healthy with both young and old age cohorts seeing low prevalence of common health conditions
Analysis shows strong health performance in Glebe-Forest Lodge, with low prevalence of common conditions across young and old age groups. Private health cover stands at approximately 70%, higher than the national average of 55.3%.
Common medical conditions include mental health issues (10.8%) and asthma (7.6%). 71.8% declare no medical ailments, compared to 77.4% in Greater Sydney. The area has 14.1% residents aged 65+, totaling 3,068 people, higher than the Greater Sydney average of 9.7%. Senior health outcomes align with the general population's profile.
Frequently Asked Questions - Health
Cultural Diversity
Glebe - Forest Lodge was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics
Glebe-Forest Lodge has a high cultural diversity, with 27.2% of its population speaking a language other than English at home and 40.8% born overseas. Christianity is the predominant religion in Glebe-Forest Lodge, making up 30.8% of people there, compared to 1.1% across Greater Sydney for Judaism. The top three ancestry groups are English (22.2%), Australian (16.2%), and Other (12.6%).
Notably, French (1.0%) is slightly overrepresented in Glebe-Forest Lodge compared to the regional average of 1.1%. Similarly, Russian (0.7%) and Spanish (0.8%) are also somewhat overrepresented.
Frequently Asked Questions - Diversity
Age
Glebe - Forest Lodge's population is slightly younger than the national pattern
Glebe-Forest Lodge's median age is 36 years, nearly matching Greater Sydney's average of 37, which is slightly below Australia's median of 38. Compared to Greater Sydney, Glebe-Forest Lodge has a higher percentage of residents aged 25-34 (24.1%) but fewer residents aged 5-14 (5.5%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.5%. Between the 2021 Census and now, the population aged 15 to 24 has grown from 12.3% to 15.1%, while the 75 to 84 age group has increased from 3.7% to 4.8%. Conversely, the 55 to 64 age group has declined from 10.8% to 9.7%. By 2041, demographic modeling suggests significant changes in Glebe-Forest Lodge's age profile. The 75 to 84 cohort is projected to grow by 56%, adding 589 residents to reach a total of 1,634. Residents aged 65 and above will drive 81% of population growth, highlighting demographic aging trends. Meanwhile, the 15 to 24 and 0 to 4 age groups are expected to experience population declines.