Forrest ACT 2603
Forrest is in Unincorporated ACT LGA, ACT, postcode 2603, with population 1,827.
Strong evidence
Forrest has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Crime, Schools, and Transport. Missing or weaker areas are still shown so the page does not overstate precision.
3,285 latest-year approvals in Unincorporated ACT, +0.0% YoY; population +1.3% YoY (1.7% 5yr).
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Release-based suburb price series, not a live market feed
This gives you directional coverage, but it is weaker than a current rent release.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Forrest has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Crime, Schools, and Transport. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Property prices, Crime, Schools, Transport
Market rent
Hospitals
Forrest currently reads as a growth-momentum candidate.
Recent price movement shows visible market momentum. Transport coverage adds a practical access signal. Premium pricing raises the bar for yield, affordability, and downside checks. Gross yield looks low for an income-first use case.
Compare it against a contrasting suburb before turning it into a decision.
Recent price movement shows visible market momentum. Transport coverage adds a practical access signal. Higher SEIFA context supports a stronger local-quality read.
Premium pricing raises the bar for yield, affordability, and downside checks. Gross yield looks low for an income-first use case.
No decisive evidence gap was detected from the current inputs.
Compare-ready
- Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
- Investors want to know whether rent, yield, and affordability broadly support the suburb story.
- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Full data detail
Forrest ACT
Forrest is a small community in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2603). With a population of 1,827, the suburb has a mature demographic with a median age of 47. Households earn a median income of $175K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. ACT employment has moved -0.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. ACT also had 6 Commonwealth-backed major projects under construction, 1 underway, and 7 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward public admin & safety and professional services. The top ancestries reported are English, Australian, Irish.
The median house price in Forrest is $5.0 million, having surged 25.1% over the past year. Units have a median price of $849,000 (-0.7% YoY). The median weekly rent is $570 (Census 2021). This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $2,520.
Forrest is served by 1 school, including 1 primary. The average ICSEA score is 1145, which is well above the national average of 1,000. Public transport access includes 13 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 2,080 incidents per 100,000 population.
From an investment perspective, Forrest offers a gross rental yield of 0.6%, rated as low yield. Property prices are above the state median ($5.0M/$1.0M), placing it in the premium segment. The price-to-income ratio of 28.6x is considered stretched. House prices have moved +25.1% year-on-year. Population growth of +1.3% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Forrest is a small community in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2603). With a population of 1,827, the suburb has a mature demographic with a median age of 47. Households earn a median income of $175K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. ACT employment has moved -0.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. ACT also had 6 Commonwealth-backed major projects under construction, 1 underway, and 7 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward public admin & safety and professional services. The top ancestries reported are English, Australian, Irish.
The median house price in Forrest is $5.0 million, having surged 25.1% over the past year. Units have a median price of $849,000 (-0.7% YoY). The median weekly rent is $570 (Census 2021). This gives a gross rental yield of approximately 0.6%. The median monthly mortgage repayment is $2,520.
Forrest is served by 1 school, including 1 primary. The average ICSEA score is 1145, which is well above the national average of 1,000. Public transport access includes 13 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 2,080 incidents per 100,000 population.
From an investment perspective, Forrest offers a gross rental yield of 0.6%, rated as low yield. Property prices are above the state median ($5.0M/$1.0M), placing it in the premium segment. The price-to-income ratio of 28.6x is considered stretched. House prices have moved +25.1% year-on-year. Population growth of +1.3% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Forrest FAQ
Common questions-
What LGA is Forrest in?
Forrest is in the Unincorporated ACT Local Government Area, ACT, postcode 2603. Council-level context for Unincorporated ACT LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
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What is the median house price in Forrest?
The current median house price in Forrest, ACT is $5.0M, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
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What is the typical weekly rent in Forrest?
The median weekly rent in Forrest is $570/wk, based on ABS Census 2021 rent fallback.
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Is Forrest a good investment?
QuickProperty's investment signals for Forrest show: Low Yield, Above Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.
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Where does QuickProperty get its data for Forrest?
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
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How often is the Forrest data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.