Currently listed — $1,050,000
2 bed · 1 bath · 1 car · ApartmentUnitFlat
The Property Brief — what the evidence shows. You draw the conclusion.
What we've tracked
- 9 July 2026 listed by the agency (portal date)
- 19 Aug 2026 asking $1.05M
- 26 Aug 2026 on market 48 days — portal listing date
Comparable auction sales
| Address | Config | Sold | When |
|---|---|---|---|
| 1208/1 Scotsman St | 2 bd · 2 ba | $1.42M | Sept 2025 |
| 3/276 Bridge Rd | 2 bd · 1 ba | $1.08M | July 2025 |
| 608/2 Scotsman St | 2 bd · 2 ba | $1.82M | Mar 2025 |
| 702/119 Ross St | 2 bd · 2 ba | $1.9M | Feb 2025 |
Suburb risk flags
crime index: 100 — well above sydney average · 22 min walk to Rozelle Bay Light Rail · ~20 min light rail to the CBD · light rail ~every 6 min at peak
Where every number comes from
- Comps: published Domain auction results for Forest Lodge — suburb × configuration matches, not hyper-matched to this address
- Evidence trail: tracked by our radar from portal listings, web-archive checks and published auction results — each entry dated
- Risk flags: suburb-level overlays (BOCSAR crime, flood/bushfire intel, aircraft bands, GTFS transit) — NOT a per-parcel assessment
⏱ Days on market — this campaign
48 days since our daily sweep first saw this listing.
The portal's own campaign may have started slightly earlier than our first sighting. Longer campaigns tend to mean more negotiating room — the board's "Longest listed" sort exists for exactly that reason.
Local rents — postcode 2037 units, new tenancies
$835/week median new-tenancy unit rent in 2037 (2026Q2, 222 bonds lodged).
The rent is real (NSW Fair Trading bond lodgements, CC BY) but it pools every bedroom count in the postcode and this is a 2-bed — so we don't derive a yield % from it: a ratio of two different grains reads as precision it doesn't have. New-tenancy rents also run hotter than sitting rents. Not financial advice.
Growth trend — Forest Lodge units at auction
Too few same-bed sales for a measured growth rate yet. Recent quarterly sold medians (all unit sizes — thin samples move these):
2024Q2 $815k (5) · 2024Q3 $659k (4) · 2024Q4 $1252k (4) · 2025Q2 $870k (3)
Suburb-level, from published auction results. No single building has enough sales for a block-level series, so this is the honest grain; sales-mix shifts move raw medians, and the measured rate (when shown) controls for bed count.
Agencies' own published sales nearby — Forest Lodge, around 2 beds
| Address | Sold | Price | Beds | Agency |
|---|---|---|---|---|
| 41 Ross Street | 7 Aug 2026 | $1,600,000 | 3 | Harris Partners |
| 33/150 Wigram Road | 18 Feb 2026 | $1,467,000 | 2 | Harris Partners |
| 13/150 Wigram Road | 28 Jan 2026 | $1,413,000 | 2 | Harris Partners |
| 11/150 Wigram Road | 13 Dec 2025 | $1,400,000 | 2 | Harris Partners |
| 179 Arundel Street | 8 Jan 2025 | $1,715,000 | 3 | Harris Partners |
Prices as published on the selling agency's own website (their sold pages) — includes private-treaty sales the auction results never see. Only sales the agency chose to publish a figure for appear here.
Similar properties — on the market now
The 6 listings above are on the market now: same unit category, within 1 bedroom of 2, asking within 20% of this one, in Forest Lodge or a suburb whose centre is within 3 km — ordered by how close the asking price is. That is the whole rule: a filter, not a recommendation, and nothing here judges which home is better.
Planning & zoning — R1 General Residential
A mix of housing types — houses through to apartments — permitted.
Heritage conservation area — Hereford and Forest Lodge. The property sits in a heritage conservation area — the streetscape is protected, so visible/external changes are controlled. It's area-wide, not this building specifically; it tends to preserve character and value.
Height limit 9m (≈ 2 storeys) — the current legal ceiling for new building at this point under the LEP. Any proposal above it needs a variation or a rezoning — the kind of change the fast-track pipeline tracks.
Floor space ratio 0.8:1 — the maximum gross floor area you can build is 0.8:1 times the site area.
Strata plan SP10643 — A strata-titled scheme — the parcel area is the WHOLE scheme's land, not this unit's. From the NSW cadastre at this address's geocoded point.
Zone R1 (General Residential) under the SYDNEY LEP · heritage from the NSW Heritage Map layer, from the NSW ePlanning layers at this address's geocoded point — a guide, not a parcel-level legal check. Confirm the exact lot at the NSW Planning Portal.
Development applications — at & near this address
| Where | Proposal | Status | Outcome | Est. cost | Lodged |
|---|---|---|---|---|---|
| ~64 m · 188 Hereford Street Forest Lodge 2037 | Alterations And Additions To Residential Development · 1 new dwelling | Determined | Approved | $180k | 2020-08-31 |
| ~79 m · 13-15 Charles Street Forest Lodge 2037 | Dwelling House, Alterations Or Additions To An Existing Building Or Structure · 1 new dwelling | Determined | not on record | $2.21M | 2025-12-09 |
| ~86 m · 2 Upper Road Forest Lodge 2037 | Dwelling House, Alterations Or Additions To An Existing Building Or Structure, Residential Accommodation · 1 new dwelling | Operational consent issued | not on record | $22k | 2026-02-12 |
| ~90 m · 1c Cross Street Forest Lodge 2037 | Dwelling House, Alterations Or Additions To An Existing Building Or Structure · 1 new dwelling | Under Assessment | not on record | $363k | 2026-07-02 |
| ~112 m · 61 Hereford Street Forest Lodge 2037 | Dwelling House, Alterations Or Additions To An Existing Building Or Structure · 1 new dwelling | Determined | not on record | $46k | 2026-05-11 |
| ~132 m · 1 Wood Street Forest Lodge 2037 | Dwelling · 1 new dwelling | Determined | Approved | $150k | 2020-12-03 |
Development application data © NSW Department of Planning and Environment, used under CC BY 4.0. Matched at this exact address or within ~150 m of its geocoded point — proximity evidence, not a parcel-level check. Lodged means proposed, not approved or built. Outcome comes from a separate NSW dataset that stops in Nov 2023: applications determined after that, or still undetermined, read “not on record” — which means we don't know, never that it was refused. “Status” is the council's own workflow state and “Determined” on its own does not say which way it went. Verify any application on the NSW Planning Portal.
Construction risk — what no listing tells you
Building Commission NSW / Strata Community Association 2023 Strata Defects Survey: 53% of newly registered strata buildings reported at least one serious defect in common property (39% in the 2021 survey). Defects are common, not exceptional — and new does not mean safe (Opal Tower was under a year old).
Get an independent structural and strata inspection before you commit — the defect base rate makes it the single highest-value dollar in the purchase.
We cannot see inside a building — no one can from public records. This section states base rates and observable adjacency only, and will never call a building safe.
The building — its registered strata scheme
Strata plan SP10643 registered 1976 — the building is at least 50 years old · 51 lots in the scheme.
Registration is an age floor, not a build date — a converted building is older than its strata plan. Scheme records from the NSW Strata Hub. © State of New South Wales (Spatial Services, a business unit of the Department of Customer Service NSW). For current information go to spatial.nsw.gov.au.
School catchments
Forest Lodge PS (primary) · SSC Blackwattle Bay (secondary)
7 primary schools within 2 km · ICSEA ~1111 — the socio-educational advantage of the school community (My School, national average ~1000): a demographic measure, never a results or quality score.
NSW DoE intake zones at this address's geocoded point — tighter than a suburb-level guess, but geocodes carry a few metres of error and boundaries change with reviews. Verify the exact address at School Finder. Intake zones cover government schools only.
Green space nearby
Protected public recreation land within 250 m
Land zoned RE1 under the local environmental plan — reserved for public recreation, which protects it from being built over. The zoning doesn't say what's on it or how usable it is, and this layer doesn't carry park names.
Privately-zoned recreation land (RE2 — typically golf courses or club grounds) within 2000 m. Private land: green outlook, not public open space.
Straight-line distance, not walking distance. NSW ePlanning planning layers (Land Zoning), CC BY. Distances are ladder buckets measured at the address's geocoded point.
Want the numbers agents don't volunteer?
Check any Sydney suburb free — Market Mint market-conditions readout, live median, clearance trend and the price model — at aipropertyeye.com. No sign-up for the suburb check; the full board is 7 days free.
Data from published auction results (Domain) and live portal listings. Estimates are never valuations or financial advice. Own this home and want a result corrected? hello@aipropertyeye.com.