SOLD
Sold on 14 Nov 2024 for $72,000,000

18 Canberra Avenue
Forrest ACT 2603

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1455m2
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Property Details for 18 Canberra Ave, Forrest

Building Type
Commercial
Land Size
1455m2
Local Government
Canberra Central
Lot/Plan
FORREST: Block 9, Section 18

Property History for 18 Canberra Ave, Forrest, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$72,000,000
14 Nov 2024
  • 14 Nov 2024
    Sold for $72,000,000
  • 09 Aug 2021
    Sold for $97,177,500
  • 28 Mar 2008
    Sold for $2,725,000

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About Forrest 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.
There are currently 13 properties listed for sale, and 2 properties listed for rent in Forrest on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Forrest.

Suburb Insights for Forrest 2603

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.