Forrest, ACT 2603
Compare Part of Unincorporated ACT
4.00 km
Distance from Canberra CBD
8 k
Population
Median Sale Price
House
$3.03M
Updated on Dec 2020
2 BR - | 3 BR $2.51M | 4 BR $2.6M |
Unit
$725K
Updated on Dec 2020
1 BR $480K | 2 BR $608K | 3 BR $1.42M |
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 | 11 |
| 2020 | $4,100,000 | +46.5% | $2,520,000 | $4,100,000 | 11 |
| 2021 | - | - | - | - | - |
Median Sale Price
$4.1M
Based on 11 recorded sales within the last 12 months
Updated on 22 Jan 2021
Suburb Growth
+45.9%
Current Median Price: $4,100,000
Previous Median Price: $2,220,000
Based on 21 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$1,250
Updated on Dec 2020
2 BR $700 | 3 BR - | 4 BR $1,225 |
Unit
$560
Updated on Dec 2020
1 BR $480 | 2 BR $630 | 3 BR $850 | 4 BR $1,100 |
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 | - | - | - | - | - |
Median Rent Price
$1,250
per week
Based on 6 recorded rent within the last 12 months
Updated on 22 Jan 2021
Rent Price Growth
+12.0%
Current Median Rent: $1,250
Previous Median Rent: $1,100
Based on 19 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.6%
Current Median Price: $4,100,000
Current Median rent: $1,250
Based on 17 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Forrest
Houses sold in Last 12 months ends 16 Jan 2021
$2.52M
Median Sale Price
75%
Clearance Rate
6/8
Sold/Reported
$3.7M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 1 | |
| $2 M - $3 M (Median Price Range) | 3 | |
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 |