Canberra · 2603
Forrest, ACT
population +9.1% (5y), tight 1.1% vacancy.
NextSuburb scoreTier C
46Average
Median house
$2.90M
5y growth
5.2%/yr
Gross yield
1.0%
Vacancy
1.1%
Stable but fully pricedLow confidence
Thin marketSmall sample sizes (~15 sales/yr) can distort medians. Treat the score with caution and weight the eight-signal breakdown over the headline number.
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)5.2%/yr52/100
- Population growth+9.1% (5y)91/100
- Supply tightening-4.0% YoY70/100
- Rental yield1.0%20/100
- Rental demand1.1% vacancy73/100
- Income growth+18.0% (5y)72/100
- Construction pipelineno nearby pipeline0/100
- Affordabilityabove cap0/100
Why this score
Forrest scores 46/100 (Average). The two strongest signals: 9.1% population growth over five years and 1.1% vacancy rate. The standout watch-out: the median is 193% of a typical budget.
Drivers
- Population growth+9.1% (5y)
- Tight rentals1.1%
- Income growth+18.0% (5y)
- Supply tightening-4.0% YoY
Risks
- At top of budget (193% of cap)
- Thin gross yield (1.0%)
Comparable suburbs
Three ACT suburbs in the same budget band with the closest NextSuburb scores.
See the full ACT ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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