238 Forrest Pde, Bellamack is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 809m2 and floor size of 187m2. While the property is not currently for sale or for rent, it was last sold in December 2011.
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. There are 5 parks, covering nearly 20.4% of the 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 961 properties. Over the last 5 years, Houses in Bellamack have seen a 33.79% increase in median value, while Units have seen a 6.46% increase. As at 31 May 2026:
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