ACT2603· Pop. 10,306Tuggeranong Community Council

FORREST

MaturePremium-priced suburb — lower upside but defensive and liquid

Investor score

Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.

Median price

—

no recent data

Rent yield

2.1%

modelled estimate

Annual growth

3.3%

modelled estimate

Vacancy rate

1.2%

modelled estimate

AI insights for FORREST

Investment analysis, risks & comparisons

PREMIUM

FORREST shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

AI insights locked

Investment analysis · Risk assessment · Suburb comparisons

Unlock with Premium

Price figures are estimated — suburb-level data not available for this state. Verify with Domain or REA.

Median rent

$481/wk

weekly

Demand change

+3.2%

annual shift

Yield × growth index

2.7

combined signal

Net yield (est.)

1.30%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+4.9%

est. compound, long-run avg

10-yr growth (CAGR)

+7.4%

est. compound, long-run avg

Rental demand

57 / 100

Strong demand

Supply pipeline

Est.

0.2%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

No price history available.

Market overview

FORREST is a metropolitan ACT suburb with steady capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

Metro ACT suburb with strong infrastructure and transport
Rental yield 2.1% with stable tenant demand
Very low vacancy rate — high rental demand
Access to national transport network and amenities

Risk factors

High entry price may limit buyer pool
Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$2,991/wk

$103k taxable p.a.

Renters

34.0%

63.2% owner-occupier

Median age

41.0 yrs

Unemployment

3.4%

Population growth

+2.3% p.a.

Investor-owned

24.0%

of all dwellings (ATO)

Houses

12%

72% apartments

Degree qualified

70.1%

bachelor's or higher (ABS)

Work from home

33.5%

of employed residents (ABS Census)

Median lot size

110 m²

Apartment/strata

Household size

2.6 persons

avg per dwelling (ABS Census)

Short-term rental

3.8%

Some Airbnb activity

Market activity

Distance to CBD

5.5 km

Middle ring

Days on market

23 days

Fast-moving market

Auction clearance

69.6%

Strong demand

Walkability

28 / 100

Some errands walkable

Coastal proximity

148.1 km

Inland

NBN technology

FTTC

Good — fibre to curb

Population density

11,778/km²

Very dense urban

Schools in postcode 2603

🏫3 Primary🎓1 Secondary📚2 Combined

ACARA 2025

🏫Primary (3)

Forrest Primary School

Government · Yrs K-6

ICSEA 1145

Red Hill Primary School

Government · Yrs K-6

ICSEA 1133

St Bede's Primary School

Catholic · Yrs K-6

ICSEA 1117

🎓Secondary (1)

St Clare's College

Catholic · Yrs 7-12

ICSEA 1087

📚Combined (2)

Canberra Grammar School

Independent · Yrs K-12

ICSEA 1187

St Edmund's College Canberra

Independent · Yrs 4-12

ICSEA 1080

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

High crime

53/ 100

14.2 offences / 100 persons

⚠ Modelled estimate · details

School quality

Top tier

1125ICSEA · national avg 1000

6 schools in postcode area

Source: ACARA My School 2025

Transit access

Limited

29/ 100

🚆 4 train🚌 43 bus

Source: State GTFS feeds

Gentrification signal

/ 100

Moderate momentum

Moderate indicators of demographic change. Young professionals, rising degree rates, and reasonable transit suggest gradual improvement.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

low

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

none

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in FORREST

View listings

Local professionals

Connect with agents and building inspectors who operate in FORREST. Ask about off-market opportunities, rental appraisals, or arrange a building inspection.

Create a free account to message agents and inspectors directly.

Premium feature

Full suburb intelligence is available to Premium subscribers. Unlock unlimited research, scoring, and market signals.

Upgrade to Premium