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 | 17 Oct 2017 | $900,000 | $1,832 |
| Sale | 28 Feb 2003 | $471,000 | $959 |
Price per m² based on land size of 491 m².
The property sits on a 491 m² parcel of land, providing a modest footprint for commercial development or a compact office layout
The site is adjacent to the Manuka shopping centre and within walking distance of restaurants, hotels (Rydges Canberra, Burbury Hotel), a cinema (Greater Union Manuka), and community facilities such as Manuka Park and the Forrest Fire Station Precinct, offering high foot traffic and complementary services
A bus shelter on Giles Street is located about 0.5 km away, providing convenient access to local bus routes that serve the surrounding suburbs and the Canberra CBD
The property is situated on Fitzroy Street, close to major thoroughfares such as Canberra Avenue and Empire Circuit, which link directly to the city centre and surrounding commercial districts
Forrest contains several heritage‑protected precincts, including the Forrest Housing Precinct and the Forrest Fire Station Precinct; prospective occupants should consult the ACT Heritage Council or local council for any planning restrictions that may apply
Forrest is one of the most socio‑economically advantaged suburbs in Australia, with a high proportion of professionals and senior public servants, making it an attractive location for firms targeting a well‑educated and affluent customer base
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