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 | 20 Aug 2012 | $900,000 | $1,810 |
| Sale | 3 Sep 1999 | $430,000 | $865 |
| Sale | 30 Sep 1994 | $325,000 | $653 |
Price per m² based on land size of 497 m².
The property sits on a 497 m² parcel of land. This footprint provides ample space for a modest retail front, office suite, or service‑oriented business with potential for additional external signage or outdoor seating, subject to zoning approvals
Located in the heart of Forrest, the site is adjacent to the Manuka shopping precinct and within walking distance of multiple hotels, a cinema, and Manuka Oval. This proximity to established amenities generates regular foot traffic that can support retail, hospitality, or professional services
The property is situated in a suburb with a well‑connected road network, though the street layout can be complex. Public transport is available nearby, including a bus shelter on Giles Street (≈0.5 km away), providing convenient access for commuters
Forrest is the second most socio‑economically advantaged suburb in Australia, with a high proportion of professionals and a median weekly personal income of $1,816. These demographics suggest strong purchasing power and a market for premium goods and services
Yes, the site is within 0.2–0.5 km of Manuka Oval, Manuka Park, several hotels (e.g., Rydges Canberra, Burbury Hotel), and the Greater Union Manuka cinema. Events at the stadium and regular visitors to these venues can increase spontaneous patronage
The Forrest Fire Station Precinct is located directly adjacent to the address (0.0 km). While this indicates a heritage‑rich environment, any development may need to comply with local conservation guidelines to preserve the precinct’s character
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