Forrest, located in the Unincorporated area of the Australian Capital Territory (ACT), is a highly sought-after suburb offering a blend of prestige and convenience, set against the backdrop of Canberra's leafy avenues and political heart. The housing market in Forrest is characterized by its affluent nature, with properties showcasing a mix of stunning heritage-listed homes, modern renovations, and luxurious new constructions. The area's real estate landscape reflects its desirability, often leading to competitive buying processes and maintaining a high median property price. The suburb's proximity to the Parliament House, the bustling Manuka and Kingston shopping and dining precincts, and some of Canberra's best schools contributes significantly to its appeal, attracting buyers who are looking for a harmonious blend of elegance, education, and accessibility.
Living in Forrest offers residents a sophisticated urban lifestyle combined with the serenity of suburban living. The suburb's tree-lined streets and expansive parklands provide an idyllic setting for families and professionals alike. Forrest is known for its community-oriented atmosphere, with numerous local events and a strong sense of neighborly spirit. Residents enjoy easy access to cultural landmarks such as the National Gallery of Australia and the National Portrait Gallery, enhancing the area's cultural vibe. Furthermore, the suburb boasts excellent infrastructure, with efficient public transport links and well-maintained roads, making commuting straightforward. Overall, Forrest represents an enviable lifestyle offering, where comfort, culture, and connectivity seamlessly blend.
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Thinking about buying in Forrest? Now could not be a better time, with 1723 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,170,000 with prices in this suburb ranging from $114,000 to $26,633,000. The aproximate distance to the coast is 104 Km.
In Forrest there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Forrest are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Forrest leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Forrest to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property ValuationForrest Primary School
Telopea Park School
Canberra Girls Grammar School
Canberra Grammar School
St Edmund's College Canberra
St Clare's College
Yarralumla Primary School
St Bede's Primary School
Alfred Deakin High School
Narrabundah Early Childhood School
(While the above schools are located with the suburb of Forrest there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.8 | 17.4 | 33.4 | 25.9 | 81.4 | 6.6 | 26.1 |
Feb | 0.9 | 16.6 | 32.4 | 28.8 | 87.2 | 6.3 | 23.9 |
Mar | 0.5 | 14.7 | 29.7 | 32.0 | 90.1 | 5.5 | 19.7 |
Apr | 0.5 | 12.2 | 26.7 | 32.2 | 88.1 | 4.7 | 16.0 |
May | 0.5 | 8.1 | 22.1 | 37.2 | 88.9 | 4.6 | 12.7 |
Jun | 0.4 | 5.8 | 19.3 | 40.3 | 91.9 | 4.8 | 11.4 |
Jul | 0.4 | 5.1 | 19.0 | 39.3 | 90.6 | 5.2 | 12.0 |
Aug | 0.2 | 6.1 | 21.7 | 30.0 | 87.9 | 5.4 | 15.1 |
Sept | 0.2 | 8.3 | 25.1 | 23.1 | 84 | 6.1 | 20.3 |
Oct | 0.3 | 11.4 | 28.8 | 23.1 | 84.0 | 6.2 | 24.1 |
Nov | 0.5 | 13.4 | 31.1 | 21.5 | 84.8 | 6.3 | 27.3 |
Dec | 0.7 | 15.4 | 33.0 | 22.2 | 81.8 | 6.5 | 28.4 |
source: Australian Government Bureau of Meteorology
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