7 Blundy St, Forrest is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1350m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom House sold in Forrest in the last 12 months.
Nestled in the heart of the Otways, this character-filled Victorian home offers a rare blend of history, space and relaxed country living.
The Bay Rose (circa 1899) stands as a lasting reminder of Forrest's rich past, originally built for the town's Bank Manager during its thriving timber days. Today, the home has been tastefully updated to suit modern living, while still retaining the warmth and charm that make homes of this era so special. Currently operating as a successful Airbnb, it presents an appealing option for both lifestyle buyers and investors alike.
Positioned on a generous 1,351m² double block, the property offers not only space and privacy, but also future potential (STCA). Located just two hours from Melbourne and within easy reach of the Great Ocean Road, including Lorne and Apollo Bay, this is an ideal base to enjoy one of Victoria's most sought-after regions.
Inside, the home offers flexible living with three spacious bedrooms, a potential fourth bedroom or study, and a separate formal lounge. Period features such as timber floors and high Baltic pine ceilings add character throughout.
A light-filled rear living zone captures the best of the northern aspect, with large double-glazed windows framing peaceful hinterland views. Comfort is covered year-round with a wood heater, split system and ceiling fan, while direct access to the expansive merbau deck creates an effortless indoor-outdoor connection-perfect for entertaining or simply soaking up the surrounds.
The kitchen and dining area continue the home's charm, highlighted by a classic Falcon stove, while a centrally positioned bathroom and laundry ensure everyday practicality.
Outdoors, established gardens, mature trees and a small orchard enhance the sense of space and tranquillity. A 6m x 6m lock-up shed with concrete floor, carport, and fully fenced yard add further functionality.
Set just moments from the Forrest General Store and Forrest Brewing Company, and close to renowned dining at Brae, the location offers the perfect mix of lifestyle and convenience. With world-class mountain biking, walking trails, and natural attractions like Lake Elizabeth and Stevensons Falls nearby, this is a chance to fully embrace the Otways way of life.
The size of Forrest is approximately 43.0 square kilometres. There are 2 parks, covering nearly 31.2% of the 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 278 properties. Over the last 5 years, Houses in Forrest have seen a -7.38% decrease in median value. As at 30 April 2026:
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