Consisting of a general store, micro brewery, hotel, bike hire, guesthouse and a variety of accommodation rentals, Forrest is the gateway to the Otway Ranges. It is a destination for adventure tourists which is now the primary economic driver of the town. The two main drawcards for visiting tourists are the mountain bike trails and the platypus tour at
Lake Elizabeth. The West Barwon river flows through the township and it is near the West Barwon reservoir, which services
Geelong. During the past few years the town has begun to grow again with an influx of people seeking more affordable blocks of land not that far away from the coastal resorts of
Apollo Bay,
Skenes Creek,
Grey River,
Kennett River and
Lorne. These can be reached either by a pleasant drive on a sealed main road or by ex-timber blue metal roads. Advice should be sought before motoring on the backroads to Kennett River,
Wye River and Grey River. Fauna to be viewed on these drives include
Australian king parrots,
crimson rosellas,
grey swamp wallabies,
echidnas. Koalas have in the past been released into the Otways.
The Smith Street Band recorded their third album
Throw Me in the River in Forrest in July 2014. ==Mountain biking==