$570 ▼ -1.7%
Higher than 95% of statistical area 2 (sa2) areas.
- 2011: $580
- 2016: $500
- 2021: $570
Median weekly rent paid by households renting their home.
Forrest · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Typical weekly rents of $570 make Forrest one of the most expensive places to live in the region. This high cost of entry is seen across both renting and buying, with home loan payments and outright ownership levels sitting well above national figures.
All statistical area 2 (sa2) areas, 2021. The marker is Forrest — higher than 95% of areas.
| Forrest | $570 |
|---|---|
| 2603, ACT | $481 |
| Australian Capital Territory | $450 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical monthly mortgage payments are $2,520, which is much higher than most areas and a little above the ACT figure. Rents are also very high, with the usual weekly payment of $570 sitting well above both the territory and national figures.
$570 ▼ -1.7%
Higher than 95% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,520 ▲ +0.8%
Higher than 87% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
Forrest splits fairly evenly between $550–$749 (38%) and $350–$549 (35%), with $750 or more at 20%.
In Forrest, the largest group is $3,000 or more at 47%, followed by $1,800–$2,999 (23%) and $1,000–$1,799 (19%).
How homes are owned or rented.
More people own their homes outright here than in most areas, with 37.7% of residents owing nothing on their mortgage. This is far above the ACT figure of 26.6% and has risen slightly since 2011.
30.5% ▲ +8.2%
Higher than 60% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
37.7% ▲ +4.4%
Higher than 67% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Forrest, the largest group is Owned outright at 37%, followed by Rented (30%) and Owned with a mortgage (29%).
Houses, townhouses, apartments and bedrooms.
Flats and apartments are the most common home type at 46.6%, which helps explain why separate houses are far below the national figure. The number of homes with three or more bedrooms has also fallen since 2011, now sitting far below the territory average.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
36.5% ▼ -33.6%
Lower than 90% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
55.9% ▼ -16.5%
Lower than 87% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Forrest, the largest group is Flat or apartment at 47%, followed by Separate house (37%) and Townhouse / semi-detached (17%).
Forrest splits fairly evenly between 2 bedrooms (30%) and 3 bedrooms (26%), with 4 bedrooms at 17%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Forrest [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/801061063/forrest/topic/housing-dwellings