Thinking about buying in Forrest? Now could not be a better time, with just 365 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $733,000 with prices in this suburb ranging from $197,000 to $1,932,000. The aproximate distance to the coast is 17 Km.

Forrest Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Forrest ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Forrest changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Forrest we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Forrest a better buying opportunity than it may have been in the past.

Properties for sale Forrest

	UNIT 2, 24 TENNYSON CR, FORREST, ACT, 2603	5	2	2	Expressions of Interest
	UNIT 30, THE BENTLEY, 7 EMPIRE CCT, FORREST, ACT, 2603	2	2	2	$669,000
	UNIT 73, THE ESTATE, 7 STATE CIR, FORREST, ACT, 2603	1	1	1	Offers over $599,000
	UNIT 20, THE ESTATE, 7 STATE CIR, FORREST, ACT, 2603	4	3	2	Auction
	26 HOBART AV, FORREST, ACT, 2603	3	3	4	By negotiation
	UNIT 6, CANBERRA BOWLING CLUB, 37 DOMINION CCT, FORREST, ACT, 2603	3	3	2	$2,000,000
	UNIT 24, THE ASTOR, 15 FITZROY ST, FORREST, ACT, 2603	3	2	2	$1,100,000
	UNIT 2, 70 FRANKLIN ST, FORREST, ACT, 2603	3	2	2	Auction
	3 BARKLY CR, FORREST, ACT, 2603	4	3	2	Auction
	37 TASMANIA CIR, FORREST, ACT, 2603	4	2	1	Auction
	5 MORESBY ST, FORREST, ACT, 2603	4	4	3	Auction
	UNIT 22, THE ESTATE, 7 STATE CIR, FORREST, ACT, 2603	4	4	2	$2,580,000 - $2,790,000
	UNIT 62, THE ESTATE, 7 STATE CIR, FORREST, ACT, 2603	1	1	1	$599,000 - $629,000
	2 TENNYSON CR, FORREST, ACT, 2603	5	2	2	Expressions of Interest Closing 21st November 2024
	UNIT 42, AUREUS, 40 CANBERRA AV, FORREST, ACT, 2603	2	2	2	749000

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General Points of Interest

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