2324 Birregurra-Forrest RoadForrest VIC 3236
Property Details for 2324 Birregurra-Forrest Rd, Forrest
Last Listing description (September 2018)
It is not often a property comes on the market that offers buyers a genuine variety of strategic investment possibilities. This beautiful 12 acre property on the northern entry to the Forrest township has been earmarked by the Colac Otway government for future residential development. This opens a wide range of possibilities for buyers: a Developers - develop now into 20 large residential allotments via a rezoning/permit application STCA with access to all the background studies that have been completed for the site. a Semi-Retirees - strategically locate your retirement home and enjoy profits for subdividing the balance of the lot for a short, medium or long term income. a Lifestyles - build a home and enjoy the bliss that Forrest has to offer for as long as you like knowing the property will increase in value over time as a development site. Over the past 10 years, Forrest has transformed itself from a timber production town to a world renowned destination for mountain bike riding and nature based adventure touring. It is now a must visit destination for Great Ocean Road hinterland visitors which has been backed by significant investment in accommodation, food and beverage options including the recently developed and ever-popular Forrest Brewery. With very limited expansion options available in the township, this lot offers endless possibilities. Call us today to get your investment dream started.
Property History for 2324 Birregurra-Forrest Rd, Forrest, VIC 3236
- 14 Jun 2018Sold for $700,000
- 08 Nov 2017Listed for Sale $828,000
- 24 Nov 2006Sold for $275,000
Recent sales nearby
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0About Forrest 3236
The size of Forrest is approximately 43.0 square kilometres. It has 2 parks covering nearly 31.2% of total area. The population of Forrest in 2016 was 230 people. By 2021 the population was 257 showing a population growth of 11.7% in the area during that time. The predominant age group in Forrest is 60-69 years. Households in Forrest are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Forrest work in a professional occupation.In 2021, 79.20% of the homes in Forrest were owner-occupied compared with 79.20% in 2016.
Forrest has 277 properties. Over the last 5 years, Houses in Forrest have seen a 11.86% increase in median value. As at 30 November 2025:
- The median value for Houses in Forrest is $539,751.
Suburb Insights for Forrest 3236
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