Forrest, ACT 2603
Compare Part of Unincorporated ACT
4.00 km
Distance from Canberra CBD
8 k
Population
Median Sale Price
House
-
Updated on Sep 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2023
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $1,700,000 | 0.0% | $365,500 | $2,200,000 | 11 |
| 2010 | $1,770,000 | +4.0% | $1,307,500 | $4,500,000 | 14 |
| 2011 | $2,450,000 | +27.8% | $800,000 | $3,900,000 | 12 |
| 2012 | $1,542,000 | -58.9% | $790,000 | $3,650,000 | 12 |
| 2013 | $2,100,000 | +26.6% | $755,000 | $3,000,000 | 21 |
| 2014 | $2,050,000 | -2.4% | $1,420,000 | $3,400,000 | 9 |
| 2015 | $2,150,000 | +4.7% | $1,350,000 | $2,660,000 | 11 |
| 2016 | $2,100,000 | -2.4% | $1,240,000 | $3,625,000 | 14 |
| 2017 | $2,875,000 | +27.0% | $1,685,000 | $4,220,000 | 16 |
| 2018 | $2,740,000 | -4.9% | $1,160,000 | $3,270,000 | 7 |
| 2019 | $2,195,000 | -24.8% | $685,000 | $6,230,000 | 12 |
| 2020 | $2,700,000 | +18.7% | $2,275,000 | $5,400,000 | 12 |
| 2021 | $3,430,000 | +21.3% | $2,800,000 | $3,750,000 | 11 |
| 2022 | $5,060,000 | +32.2% | $460,000 | $5,630,000 | 7 |
| 2023 | $3,980,000 | -27.1% | $2,790,000 | $4,011,000 | 5 |
Median Sale Price
$3.98M
Based on 5 recorded sales within the last 12 months
Updated on 29 Nov 2023
Suburb Growth
+5.8%
Current Median Price: $3,980,000
Previous Median Price: $3,750,000
Based on 16 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2023)
Price Range Segments (12 months ending Oct 2023)
Median Weekly Rent Price
House
-
Updated on Sep 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2023
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $1,500 | 0.0% | $975 | $1,500 | 4 |
| 2012 | $1,185 | -26.6% | $690 | $1,825 | 4 |
| 2013 | $1,295 | +8.5% | $370 | $2,300 | 10 |
| 2014 | $1,300 | +0.4% | $1,050 | $2,800 | 9 |
| 2015 | $1,000 | -30.0% | $440 | $3,000 | 7 |
| 2016 | $1,000 | 0.0% | $350 | $2,600 | 12 |
| 2017 | $1,350 | +25.9% | $540 | $2,500 | 22 |
| 2018 | $1,100 | -22.7% | $490 | $2,770 | 17 |
| 2019 | $1,100 | 0.0% | $300 | $1,895 | 14 |
| 2020 | $1,200 | +8.3% | $450 | $2,500 | 7 |
| 2021 | $1,190 | -0.8% | $660 | $2,000 | 14 |
| 2022 | $950 | -25.3% | $525 | $3,850 | 9 |
| 2023 | $1,250 | +24.0% | $660 | $2,200 | 6 |
Median Rent Price
$1,200
per week
Based on 7 recorded rent within the last 12 months
Updated on 29 Nov 2023
Rent Price Growth
-25.0%
Current Median Rent: $1,200
Previous Median Rent: $1,500
Based on 15 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.6%
Current Median Price: $3,980,000
Current Median rent: $1,200
Based on 12 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2023)
Auction Results For Forrest
Houses sold in Last 12 months ends 25 Nov 2023
$2.79M
Median Sale Price
50%
Clearance Rate
2/4
Sold/Reported
$2.79M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M (Median Price Range) | 1 | |
Similar Suburbs to Forrest 2603
Based on median house sale price sold in last 12 months
Schools closest to Forrest, ACT 2603
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Forrest Primary School | NATIONAL CIRCUITForrest 2603 | Primary | Government | 0.17 km |
| Telopea Park SchoolTop 5 | NEW SOUTH WALES CRESCENTBarton 2600 | Combined | Government | 0.6 km |
| St Edmund's College | 110 CANBERRA AVENUEGriffith 2603 | Combined | Independent | 1.71 km |
| St Clare's CollegeTop 20 | MCMILLAN CRESCENTGriffith 2603 | Secondary | Catholic | 1.99 km |