1/22 Canberra Avenue, Forrest ACT 2603

Forrest location | boutique 2019 complex | 187sqm internal | dual secure parking | 6-star energy rating This property occupies a strong position in Canberra’s prestige apartment market. Its 187-square-metre internal area is unusually generous for a three-bedroom unit, and the 2019 build with a 6-star energy rating means lower ongoing utility costs and long-term compliance with tightening standards. The dual secure garages are rare at this price point and add genuine convenience. The complex won a design award, which supports future resale appeal. This unit suits an owner-occupier wanting space and efficiency in a walkable inner-south suburb, or an investor targeting the premium rental bracket where vacancy is typically low. The block-level rates and land tax figures are high, and while these are apportioned across multiple units, the buyer should confirm the exact quarterly levy before proceeding. The 2021 sale price of $1.3 million provides a clear benchmark, and the current estimated range of $1.58–$1.66 million suggests moderate growth. The property is not subject to flood, bushfire, or heritage overlays, which reduces insurance and redevelopment risk. For a buyer, this is a hold-and-enjoy proposition: live in it for the space and energy savings, or lease it for steady yield near the $1,100 weekly mark.