Forrest ACT 2603, Australia
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 10 Aug 2012 | $955,000 | $1,568 |
| Sale | 17 Feb 2006 | $750,000 | $1,231 |
| Sale | 5 Jun 2004 | $740,000 | $1,215 |
| Sale | 15 Jun 1999 | $397,750 | $653 |
| Sale | 11 Nov 1997 | $400,000 | $656 |
Price per m² based on land size of 609 m².
The property comprises 609 m² of land, providing a modest footprint for commercial development or refurbishment
Businesses that value proximity to the Manuka shopping centre, nearby hotels (e.g., Rydges Canberra, Hotel Realm) and sports venues such as Manuka Oval can attract foot traffic and clientele from both locals and visitors
A bus shelter on Giles Street is located about 0.5 km away, offering convenient bus connections for staff and customers
Within a 0.5 km radius are numerous amenities including the Manuka shopping precinct, multiple hotels, cinemas (Greater Union Manuka), and a range of churches and community facilities that can generate regular pedestrian flow
Forrest contains several heritage‑listed precincts and conservation measures, such as the Forrest Housing Precinct and the Forrest Fire Station Precinct; any development may need to comply with local heritage guidelines
Forrest is the second most socio‑economically advantaged suburb in Australia, with a high proportion of professionals and a median personal weekly income of $1,816, indicating strong purchasing power for premium services
Yes, it is adjacent to the Forrest Fire Station Precinct (0 km) and close to St Christopher’s Cathedral (0.3 km) and the historic Manuka Oval (0.2 km), offering visibility to visitors attending events or services at these sites
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