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 17,417 m² of land, providing ample space for a range of commercial uses such as office complexes, retail centres, or mixed‑use developments. Its size allows flexibility in site planning and future expansion
The Forrest Housing Precinct, which includes the area around National Circuit, is subject to conservation measures to preserve its historic character. Any development would need to consider these heritage guidelines and obtain appropriate approvals
The site is within walking distance of several hotels (Rydges Canberra and Little National Hotel, ~0.2‑0.5 km) and the Forrest Fire Station Precinct (0.4 km), offering convenient access to accommodation and emergency services for staff and clients
Nearby are government and industry bodies such as the Australia Awards, the Commission for the Conservation of Southern Bluefin Tuna, and the National Press Club (all within ~0.5‑0.6 km), providing potential networking and partnership opportunities
Forrest’s streets follow a circular and geometric pattern derived from Walter Burley Griffin’s original plan, which can be confusing for drivers. Careful site planning and clear signage are recommended to ensure smooth traffic flow
Forrest is the second most socio‑economically advantaged suburb in Australia, with a high proportion of professionals and median personal incomes more than double the national average, creating a strong local market for premium commercial services
Yes, the Forrest Fire Station Precinct is only about 0.4 km away, providing rapid emergency response coverage for the site
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