238 Forrest Pde, Bellamack is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 809m2 and floor size of 253m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 4 bedroom House sold in Bellamack in the last 12 months.
Guaranteed Income to 2027 + Option to 2030
Positioned in one of Palmerston's high-growth suburbs, this modern 4-bedroom family home in Bellamack combines lifestyle appeal with rock-solid investment fundamentals.
With a Defence Housing Australia (DHA) lease in place, it's the ultimate hands-off, confidence-driven investment for those seeking secure, long-term returns.
The Home - Thoughtfully designed for relaxed family living, the home offers:
• Four generous bedrooms, each with built-in robes
• Main bedroom retreat at the rear with ensuite for privacy
• Two separate living zones front lounge/dining + family room adjacent to kitchen
• Contemporary kitchen with ample storage and central positioning
• Ground-level layout with effortless indoor-outdoor flow
• In-ground pool & covered verandah overlooking the yard ideal for Territory living
• Double lock-up garage, separate laundry & low-maintenance grounds
The Investment Advantage - Backed by DHA, this property delivers certainty and peace of mind:
• $870 per week of secure rental income
• Lease to August 2027 + 3-year option to 2030
• Guaranteed rent – paid even if the property is unoccupied
• Professional tenant & maintenance management handled by DHA
This is a quality set-and-forget asset that protects your time, income and long-term investment outlook - ideal for busy professionals and strategic portfolio builders.
The size of Bellamack is approximately 1.3 square kilometres. It has 5 parks covering nearly 20.4% of total area. The population of Bellamack in 2016 was 2458 people. By 2021 the population was 2423 showing a population decline of 1.4% in the area during that time. The predominant age group in Bellamack is 30-39 years. Households in Bellamack are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bellamack work in a community and personal service occupation.In 2021, 38.50% of the homes in Bellamack were owner-occupied compared with 36.50% in 2016.
Bellamack has 959 properties. Over the last 5 years, Houses in Bellamack have seen a 35.85% increase in median value, while Units have seen a -2.16% decrease. As at 31 March 2026:
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