Forrest VIC Property Investment

Colac Otway · 3236

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Median House Price

$674K

As of 7 Nov 2026.

Rental Yield

N/A

Vacancy Rate

N/A

Median Weekly Rent

N/A

Median Unit Price

N/A

Population (Census 2021)

257

Forrest Short-Term Rental Market

Short-stay estimate: run a brief

New dwellings approved

New dwellings approved, Colac Otway council area, 12 months to Aug 2026: 227. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Forrest.

Suburb Metric Thresholds

2 green2 yellow2 red

Population growth 2016–21, postcode 3236 (ABS Census)

2.24 high impact

Median Household Income

1091 medium impact

Public Transport Score

No data medium impact

School Zone Quality

6.7 medium impact

Distance to CBD

134.11 medium impact

SEIFA Advantage/Disadvantage

6 medium impact

Owner Occupier Rate

79.2 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-08

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3236

Most disadvantagedLeast disadvantaged

Decile 6 of 10 — Average

Population (suburb)

257

Education (IEO)

9/10

Econ. Resources (IER)

5/10

Schools

In your catchment

Forrest Primary School

PrimaryGovernment

6.7/10

Colac Secondary College

SecondaryGovernment

4.9/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.