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NSW › Glebe › Forsyth St

28 Forsyth St, Glebe NSW 2037

House

3

Bedrooms

2

Bathrooms

0

Car spaces

106 m²

Land

198 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationRecorded House sales in Glebe (last 5 years) with land size: median $15,646/m² of land (n=39). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Glebe (last 5 years) with land size have a median of $15,646/m² of land (n=39). Districts calculation from recorded sales — not a valuation.

Glebe at a glance

12,571

People

$2,767,500

Median sale

$679/wk

Median rent

1.28%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Glebe report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown18 Oct 2025
  2. Listedprice unknowncompleted17 Sept 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $679/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Glebe in one glance

Glebe at a glance

12,571

People

$2,767,500

Median sale

$679/wk

Median rent

1.28%

Suburb gross yield

Median sale from 36 recorded sales (last 12 months) — a Districts calculation.

See the full Glebe report →

Keep researching

  • Why Glebe? Read the area thesis →
  • What else is on the market in Glebe →
  • Other records on Forsyth St →

Listing material

Listed by Ray White Surry Hills

A liveable work of art by the harbour's edge

The creative reinvention of this iconic 1880s corner terrace in the historic Blackwattle Bay precinct pays homage to its Victorian past while breathing light, life and vitality into the home. A raw palette of materials and robust design create a bold statement with bespoke interiors delivering an artistic aesthetic with polished concrete, reclaimed timber and soaring 3.7m ceilings bringing a cool industrial vibe and a dramatic sense of space. Spread over three levels with breakout zones to retreat, work and entertain, the rear of the home opens out to a landscaped garden haven with a studio but it's the unique roof deck that steals the show. Basking in a northerly aspect, this rooftop retreat overlooks the harbour with 360-degree views that sweep over Blackwattle Bay and the city's skyline that transform into a dazzling backdrop by night. As unique as it is inspiring, the three-bedroom home is on the doorstep of Sydney's most exciting harbour enclave with award-winning waterfront parkland that's transforming into a world-class destination anchored by the new Sydney Fish Markets.

- Sun-drenched north facing corner block with dual street frontage

- Raw palette of materials, tri level layout with a lofty warehouse feel

Read the full description

- Stunning rooftop deck with panoramic harbour and cityscape views

- Polished concrete floors, reclaimed timber and huge windows

- 3 double bedrooms, 2 with built-ins, king-sized bay fronted master

- 2nd bed with a custom day bed and leafy outlook, bespoke joinery

- Entertainer's kitchen with stone benchtops, Barrazza linear gas hob

- Dining opens out to a tropical backyard oasis with built-in barbecue

- Versatile studio retreat ideal as a home office or alfresco lounge

- Sitting room with reclaimed hardwood floors, custom cocktail bar

- Upper level living with soaring ceilings and exposed timber beams

- Home office and separate study, custom joinery, extensive storage

- 2 custom designed bathrooms, aged brass tapware and raw finishes

- Former greengrocer c1880, 2 separate entries, 2 electricity metres

- 150m to the scenic foreshore and newly revived Blackwattle Bay Park

- Just off Glebe Point Road's vibrant cafe, dining and small bar scene

- 500m to the light rail, vibrant harbour enclave on the edge of the CBD

- Rates: Water $199pq, Council $426pq (All approx.)

Contact Matthew Carvalho 0404 006 744

George Pavlidis 0406 167 738

Our recommended mortgage broker: Tommy Nguyen (http://broker.loanmarket.com.au/erskineville)

Listing description written by Matthew Carvalho, Ray White Surry Hills — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.