42/40 Canberra Avenue, Forrest, ACT 2603 | Apartment for sale | OnTheHouse
FOR SALE
$799,000+

42/40 Canberra Avenue
Forrest ACT 2603

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 103m2
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A Lifestyle of Convenience Awaits!

Positioned just moments from the buzz of Manuka, this well designed apartment delivers a convenient lifestyle wrapped in modern luxury. Internally the open-plan living area is flooded with natural light, framed by soaring ceilings and floor-to-ceiling windows which draw the outdoors in. Sliding glass doors extend the living area onto a private balcony, capturing a leafy outlook - a rare sense of privacy in such a connected location.
The kitchen is impressively equipped with stone benches, abundant storage, a Miele integrated dishwasher, Miele oven & cooktop plus an integrated fridge. Bedroom accommodation is ample, featuring built-in robes, access to a secondary balcony, plus ensuite to the main bedroom. A fit for purpose study/home office is the perfect place for working from home.
Climate control is handled by two powerful reverse-cycle systems, while security and peace of mind are elevated with restricted access elevator and basement access.
Secure, low-maintenance and highly convenient, this is a true lock-and-leave offering perfectly suited to professionals, couples, small families, downsizers or anyone looking for incredible proximity to the Parliamentary Triangle, Manuka and the best lifestyle opportunities that the Inner South has to offer.
Summary of Features:
- 103sqm of internal living (approx.)
- 24sqm of combined outdoor space (approx.)
- Open plan living area
- Two bedrooms plus study nook
- Well appointed kitchen with quality appliances
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Property Details for 42/40 Canberra Ave, Forrest

42/40 Canberra Ave, Forrest is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 103m2. The place is currently for sale with Ray White Canberra.

Building Type
Apartment
Floor Size
103m2
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About Forrest 2603

The size of Forrest is approximately 1.6 square kilometres. There are 7 parks, covering nearly 10.1% of the total area. The population of Forrest in 2016 was 1615 people. By 2021 the population was 1827 showing a population growth of 13.1% in the area during that time. The predominant age group in Forrest is 50-59 years. Households in Forrest are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Forrest work in a professional occupation.In 2021, 67.00% of the homes in Forrest were owner-occupied compared with 62.40% in 2016.

Forrest has 1,273 properties. Over the last 5 years, Houses in Forrest have seen a 28.19% increase in median value, while Units have seen a 27.81% increase. As at 30 April 2026:

  • The median value for Houses in Forrest is $3,954,027 while the median value for Units is $814,390.
  • Houses have a median rent of $1,145 while Units have a median rent of $663.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Forrest on OnTheHouse. According to Cotality's data, 62 properties were sold in the past 12 months in Forrest.

Suburb Insights for Forrest 2603

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Gerard Northey
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Ray White Canberra
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.