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Unit 6,
70 FRANKLIN STREET Forrest ACT 2603

This property is Off Market

All about Forrest Homes for sale in Forrest

The Average property price in this area is $2,169,868, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 104.73 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

Property For Sale Nearby

Belle Property UNIT 22, 28 CANBERRA AV, $949,000 2 Beds - 2 Baths - 2 Parking Within 0.1 km Belle Property UNIT 7, THE GROSVENOR, 20 NEW SOUTH WALES CR, $535,000 1 Beds - 1 Baths - 1 Parking Within 0.4 km Blackshaw 4 SORELL ST, Auction 5 Beds - 3 Baths - 3 Parking Within 0.6 km Belle Property UNIT 19, 21 STATE CIR, By Negotiation 2 Beds - 2 Baths - 2 Parking Within 0.8 km Blackshaw 9 DAMPIER CR, $6,000,000+ 5 Beds - 5 Baths - 3 Parking Within 0.9 km Blackshaw UNIT 209, 23 STATE CIR, Auction 4 Beds - 2 Baths - 4 Parking Within 0.9 km

Recently Sold Properties in this Area

About Forrest

With an average age of 44, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $560. The average family earns a weekly income of $3,764 with a typical household size of 1.9 and a 98.2% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Forrest ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Forrest changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Forrest we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Forrest a better buying opportunity than it may have been in the past.

Public Transport

EPIC and Racecourse train

Macarthur Avenue train

Ipima Street train

Alinga Street train

Phillip Avenue train

Dickson Interchange train

Swinden Street train

Elouera Street train

Sandford Street train

Canberra

General Points of Interest

Canberra Centre (Monaro Mall sport

Yamba Club

Aboriginal Tent Embassy schools

ANU Medical School

Taglietti House 03 Mckeown House schools

Australian National University monument

Air Disaster Memorial

Burbidge Amphitheatre golf

Royal Military College Golf Club

National Capital Exhibition

Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 175 asthma sufferers and 63 people living with diabetes. In addition, 92 people have a heart/vascular condition and 115 people live with three or more chronic diseases.

A good place to invest in property?

Forrest a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Australian Capital Territory State average 56 / 100

Income

73 / 100

56 / 100

Industry

13 / 100

28 / 100

Population

12 / 100

26 / 100

House Prices

64 / 100

72 / 100

Jobs

22 / 100

32 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

St Bede's Primary School
Red Hill, ACT, 2603 Independent K-6
Canberra Grammar School
Red Hill, ACT, 2603 Independent K-12
Red Hill Primary School
Red Hill, ACT, 2603 Independent K-6
St Edmund's College Canberra
Griffith, ACT, 2603 Independent 4-12
Telopea Park School
Barton, ACT, 2600 Independent K-10
Narrabundah Early Childhood School
Narrabundah, ACT, 2604 Independent K-2
St Benedict's Primary School
Narrabundah, ACT, 2604 Independent K-6
Forrest Primary School
Forrest, ACT, 2603 Independent K-6
Canberra Girls Grammar School
Deakin, ACT, 2600 Independent K-12
St Clare's College
Griffith, ACT, 2603 Independent 7-12

Property Story

Unit 6, 70 Franklin Street, Forrest, Act, 2603 is a residential property . The estimated distance to the sea is 104.73km and at least 2.54KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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