Real Estate Forrest, ACT, 2603 Unincorporated ACT

Thinking about buying in Forrest? Now could not be a better time, with a whopping 1709 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $1,929,000 with prices in this suburb ranging from $420,000 to $5,395,000.

Distance to the coast is 104 Km.

Instant Valuation

Forrest Real Estate Market Outlook

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.

About

Household makeup

Median Weekly Rent $774.75
Median Monthly Mortgage $3616.75
Median Persons Per Bedroom 0.80
Average Household Size 2.75
Average Age 42.00
Average Income $2188.00
Average Cars Per Dwelling 3.05
Average Properties Within 50M 55.00

Typical Property Prices

1 Bed$535,000
2 Bed$687,500

Housing Stock

Properties for sale Forrest

Belle Property UNIT 4, 28 CANBERRA AV, FORREST, ACT, 2603 2 2 2 AUCTION
Belle Property 5 DUCANE ST, FORREST, ACT, 2603 3 2 2 $1,520,000
Belle Property 2 ORD ST, FORREST, ACT, 2603 7 6 2 $5,100,000
LJ Hooker 67 FRANKLIN ST, FORREST, ACT, 2603 4 1 1 $1,695,000+

Local Schools

Forrest Primary School

Forrest Primary School

(While the above schools are located with the suburb of Forrest there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average


Forrest weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.314.130.728.787.93.625.2
Feb2.413.427.936.391.43.621.2
Mar3.211.324.442.894.53.317.0
Apr1.37.421.342.894.92.713.9
May1.12.416.447.796.92.511.0
Jun1.81.413.355.897.42.88.9
Jul1.10.612.754.495.93.89.5
Aug1.40.614.045.394.73.612.6
Sept1.83.117.841.093.83.617.0
Oct1.86.221.436.993.03.520.7
Nov2.19.525.430.989.14.325.0
Dec1.912.428.627.987.83.626.6

source: Australian Government Bureau of Meteorology



Internet Speed

Fibre to the Basement (vectored or non-vectored)

Fibre to the Curb

Fibre to the Node

Fibre to the Premises

Fixed Wireless

Satellite


Nearby Suburbs

Capital HillGriffithBartonRed HillDeakinKingstonParkesYarralumlaNarrabundahGarran

Public Transport

EPIC and Racecourse - Greater then 10KM Macarthur Avenue - Less than 10 KM Ipima Street - Less than 10 KM Alinga Street - Less than 5 KM Phillip Avenue - Less than 10 KM Dickson Interchange - Less than 10 KM Swinden Street - Less than 10 KM Elouera Street - Less than 5 KM Sandford Street - Greater then 10KM Canberra - Less than 5 KM

General Points of Interest

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