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 3,329 m² land parcel, offering a substantial footprint for a range of commercial uses
It is within 0.5–0.6 km of Parliament House, the Australian Senate, the House of Representatives, and the Capital Circle freeway, providing excellent proximity to federal government offices
The Capital Circle freeway is approximately 0.6 km away, granting quick vehicular links to the wider Canberra region and central business district
The site is close to the Rydges Canberra hotel (about 0.5 km), as well as the Austrian and Swiss embassies (0.3‑0.4 km), offering convenient services for visitors and diplomatic clientele
Yes, Forrest is ranked as the second most socio‑economically advantaged suburb in Australia, which can be attractive for high‑profile commercial enterprises
Forrest contains several heritage‑listed precincts and conservation measures, so any development should consult local planning authorities to ensure compliance with heritage guidelines
Typical blocks in Forrest range from 1,600 m² (considered small) to around 2,000 m², making the 3,329 m² parcel notably larger than average and suitable for expansive commercial projects
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