5/16 New South Wales Crescent, Forrest, ACT 2603 | Property Value & History | OnTheHouse
 
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5/16 New South Wales Crescent
Forrest ACT 2603

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 107m2
Land area: 3921m2
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Property Details for 5/16 New South Wales Cres, Forrest

5/16 New South Wales Cres, Forrest is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 3921m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Unit
Year Built
2012
Floor Size
107m2
Land Size
3921m2
Local Government
Canberra Central
Lot/Plan
FORREST: Block 13, Section 34, Unit 5

Last Listing description (March 2025)

They say in real estate its all about location location location, and this superb Inner South apartment is positioned in one of Forrest's most sought after mature tree lined streets. 5/16 New South Wales Crescent is in the highly regarded development, 'Evolve'. Offering a private luxury apartment incorporating a functional and contemporary design with inclusions and finishes perfectly created to give a balance between simplicity and liveability. This three-bedroom light filled apartment is generous in proportions with high ceilings and quality inclusions. Accommodation includes three bedrooms, the segregated master with walk through robe and modern ensuite bathroom. The other two bedrooms both have built in robes and are serviced by the main bathroom. A large balcony extends your already comfortable living areas to the outdoors, ideal for relaxing or entertaining.

This apartment is in the perfect position, just a short walk to the Parliamentary Triangle at Barton; the cafes, restaurants and nightspots of both Kingston, Manuka, the Foreshore of Lake Burley Griffin; Manuka Pool, Telopea Park, art galleries, libraries and landmark buildings of Canberra.

Great value never lasts long, an inspection is a must.

Features include:

Spacious living with high ceilings extending to covered balcony
Bosch stainless steel kitchen appliances and integrated fridge
Stone benchtops to kitchen and bathroom
Designer bathroom fittings and tapware, main bathroom with bath
Reverse-cycle air conditioning for year-round comfort
Main bedroom has walk in robe and ensuite
Remote access to secure basement parking for two cars with ample visitor spaces
Short stroll to cafes, restaurants, boutique shops and Lake Burley Griffin
Storage cage near car parks
2 minute drive to Parliament House and walking distance to Barton's government department precinct
Close To Schools
Close To Shops stroll to Old Kingston Shops, Manuka Shops, The Realm Precinct, 10 minutes to the Old Kingston Bus Depot markets and the Foreshore precinct
Close To Transport
Close to Manuka Oval
Engaged and active Owners' Corporation
Beautifully maintained gardens and surrounds

EER: 6.0
Living Area: 107m (approx)
Rates: $2,539 pa (approx)
Land Tax: $3,214 pa (approx)
Strata Levy: $6,102 pa (approx)

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Property History for 5/16 New South Wales Cres, Forrest, ACT 2603

A timeline of how this property has performed in the market
Last Sold
$820,000
09 Oct 2024
Listed for Rent
$680/w
14 Jul 2023
  • 09 Oct 2024
    Sold for $820,000
  • 16 May 2024
    Listed for Sale $839,000
  • 22 May 2023
    Listed for Rent $680 / week
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About Forrest 2603

The size of Forrest is approximately 1.6 square kilometres. It has 7 parks covering nearly 10.1% of 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 -2.73% decrease in median value, while Units have seen a 26.59% increase. As at 31 October 2025:

  • The median value for Houses in Forrest is $2,766,467 while the median value for Units is $799,458.
  • Houses have a median rent of $730 while Units have a median rent of $600.
There are currently 21 properties listed for sale, and 2 properties listed for rent in Forrest on OnTheHouse. According to Cotality's data, 50 properties were sold in the past 12 months in Forrest.

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