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.
|UNIT 4, 5 ARTHUR CIR, FORREST, ACT, 2603||3||2||4||By Negotiation|
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)
| (mm) |
|Min (°C) |
|Max (°C) |
|Min (%) |
|Max (%) |
| (m/sec) |
| (MJ/sq m) |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!