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Forrest
VIC, 3236 - Colac Otway

Thinking about buying in Forrest? Now could not be a better time, with just 365 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $733,000 with prices in this suburb ranging from $197,000 to $1,932,000. The aproximate distance to the coast is 17 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

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.

Properties for sale Forrest

Belle Property UNIT 7, THE GROSVENOR, 20 NEW SOUTH WALES CR, FORREST, ACT, 2603 Beds1 Bathrooms1 Parking 1 $535,000
Belle Property UNIT 19, 21 STATE CIR, FORREST, ACT, 2603 Beds2 Bathrooms2 Parking 2 By Negotiation
Belle Property 28 ARTHUR CIR, FORREST, ACT, 2603 Beds6 Bathrooms5 Parking 3 By Negotiation
Belle Property UNIT 22, 28 CANBERRA AV, FORREST, ACT, 2603 Beds2 Bathrooms2 Parking 2 $949,000
Blackshaw UNIT 209, 23 STATE CIR, FORREST, ACT, 2603 Beds4 Bathrooms2 Parking 4 Auction
Blackshaw 9 DAMPIER CR, FORREST, ACT, 2603 Beds5 Bathrooms5 Parking 3 $6,000,000+
Blackshaw UNIT 6, 70 FRANKLIN ST, FORREST, ACT, 2603 Beds3 Bathrooms2 Parking 2 Auction

Local Schools

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

We are currently collecting information for this location.

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

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

GerangameteBarwon DownsKawarrenBarramungaBarongarookGellibrandYeodeneMurroonMount SabineBarongarook West

Public Transport


General Points of Interest

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