Forrest at a glance
Median house
$5,000,000
Median unit
$849,000
Population
1,827
Median age 47
Walk score
60
Somewhat walkable
Prices: ABS statistical area (SA2) median · 2024 · Population: 2021 Census
Across the ABS statistical area that takes in Forrest, houses changed hands at $5,000,000 in 2024, well above the the ACT median. An SA2 can take in surrounding localities, so this can differ from sales in Forrest itself. Units come in around $849,000, roughly 83% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $1,000,000. Prices sit well above the the ACT median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
House prices in Forrest.
Median house price
$5,000,000
Median unit price $849,000.
ABS statistical area (SA2) median · 2024
An SA2 can take in surrounding localities, so this can differ from sales in Forrest itself.
Rental and ownership
Weekly rent (house)
$481/wk
Weekly rent (unit)
$570/wk
Owner occupied
67%
Renter occupied
31%
At a deeper level
$5,000,000
$849,000
1,827
Median age: 47
Rental data as of April 2026
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The brief
What to know about Forrest.
Forrest sits in an ABS statistical area (SA2) where the median house price is $5,000,000 (2024).
Postcode 2603 (ACT), South Canberra, part of Greater Canberra.
Forrest (2603) sits in the South Canberra region of the ACT. The median house here is $5,000,000, well above the the ACT median of around $950K.
Forrest has roughly 1,827 residents, with an established, older skew. Households are mostly owner-occupied. The area is somewhat walkable for a typical errand run, but a car still helps for grocery runs and weekend trips.
Side by side
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Day to day
What it’s like to live here.
Forrest scores 60/100 on walkability, which makes it somewhat walkable with limited public transport. A short drive opens up most amenities; a car-light household is workable but not optimal.
Schooling within or near the suburb covers 6 government primary, 3 government secondary, 5 Catholic, 3 independent.
Who lives here
Demographics.
The 2021 Census put Forrest's population at 1,827, with a median age of 47. That sits as an established, older skew. Households are mostly owner-occupied (67% own, 31% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (67% family households, 29% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
1,827
Median age
47
Family households
67%
Lone person
29%
Demographics data as of May 2026· ABS 2021 Census
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For investors
Investment overview.
Gross rental yield on houses sits at 0.50% (median rent $481/wk against a $5,000,000 price tag). Units yield 3.49% gross, often the better cash-flow play for first-time investors. With 31% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
Gross Yield (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20240.50%
Based on $5,000,000 median
Gross Yield (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20243.49%
Based on $849,000 median
Annual Growth (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Annual Growth (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202667%
Higher = more owner-occupier demand
Days on Market
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
31
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
60
30
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Nearby suburbs
Education
Schools in Forrest.
Local schools for Forrest
View the catchment for each school to find out more.
Government School Catchment
Forrest Primary School
Telopea Park School
Yarralumla Primary School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Forrest.
- What is the median house price in Forrest?
- The median house price for the ABS statistical area (SA2) that takes in Forrest, ACT 2603 is $5,000,000 (2024). An SA2 can take in surrounding localities, so this can differ from sales in Forrest itself. The median unit price is $849,000.
- How much is my house worth in Forrest?
- A useful starting point is the Forrest median house price of $5,000,000 (units $849,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- What is the Forrest postcode?
- Forrest is in the 2603 postcode, in ACT, in the South Canberra region.
- Where is Forrest?
- Forrest is a suburb of Canberra, in ACT 2603. It is part of the Greater Canberra area, in the South Canberra region.
- What is the average rent in Forrest?
- The median weekly rent for houses is $481, for units it's $570.
- What schools are in Forrest?
- There are 20 schools serving Forrest on this page, including Forrest Primary School, Canberra Girls Grammar School, Telopea Park School.
- How walkable is Forrest?
- Forrest has a Walk Score of 60 out of 100, somewhat walkable. transit score 30, bike score 100.
- What suburbs are near Forrest?
- Forrest is close to Manuka, Capital Hill, Griffith, Barton, Deakin.
- What is the population of Forrest?
- The population of Forrest is approximately 1,827 (2021 Census). The median age is 47.
Forrest
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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