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.
The property sits on a 7,200 m² parcel of land, providing ample space for large‑scale commercial development
With 7,200 m² of land, the site is suitable for headquarters, professional services firms, large‑format retail, or mixed‑use developments that require extensive floor area and parking provision
Capital Circle, a key freeway in Canberra, is approximately 0.5 km away, offering convenient road access for employees and clients
The site is within walking distance of several hotels (e.g., Burbury Hotel, Little National Hotel, Rydges Canberra), government organisations (Australia Awards, Pharmacy Guild of Australia), and the National Press Club, providing catering, accommodation, and networking opportunities
Forrest contains several heritage‑listed precincts and buildings, such as the Forrest Housing Precinct and the Fire Station Precinct, located within 0.5 km, so development may need to respect nearby conservation measures
Forrest ranks as the second most socio‑economically advantaged suburb in Australia, with a high proportion of professionals and median weekly personal incomes more than double the national average, which can be attractive for premium‑service businesses
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