23 Furneaux Street

Forrest ACT 2603

The size of Forrest is approximately 1.6 square kilometres. It has 7 parks covering nearly 10.1% of total area. The population of Forrest in 2011 was 1,468 people. By 2016 the population was 1,602 showing a population growth of 9.1% in the area during that time. The predominant age group in Forrest is 50-59 years. Households in Forrest are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Forrest work in a professional occupation. In 2011, 69.6% of the homes in Forrest were owner-occupied compared with 62.4% in 2016.

Forrest has 1,262 properties. Over the last 5 years, Houses in Forrest have seen a 42.20% increase in median value, while Units have seen a 20.25% increase. As at 30 November 2024:

• The median value for Houses in Forrest is $3,630,997 while the median value for Units is $871,772.
• Houses have a median rent of $670 while Units have a median rent of $620.