Forrest Suburb Profile

Australian Capital Territory 2603

Forrest has 1,248 properties. Over the last 5 years, Houses in Forrest have seen a 56.12% increase in median value, while Units have seen a 23.87% increase. As at 30 September 2024:

• The median value for Houses in Forrest is $3,934,432 while the median value for Units is $869,541.
• Houses have a median rent of $723 while Units have a median rent of $620.

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.