Forestside is the name of the big Sainsburys / M&S shopping centre. Planning permission has just been applied for for another shopping centre nearby. I believe it's Tescos this time.
http://www.forestside.co.uk/index2.htm
The housing areas around Forestside are called Newtownbreda, Four Winds, Knockbreda & Rosetta.
Do you know the UTV broadcasting centre on the Ormeau Road? Drive past this going out the Ormeau Road for about 2 miles (maybe less). You'll see the shopping centre on your left. You can't miss it. There's a big Homebase centre on the left too.
Cost of property will be a lot more than Donegall Road, as without wanting to tar brush the whole Donegall Rd area, I've been told it has been a trouble spot. So I stayed away... That's the reason some houses there cost just £35,000.
I invested in property near Forestside just 2 years ago for £140,000 - now worth maybe £195,000. But I think you can possibly still get something around the area for maybe £100,000
I've researched aspects of the Northern Ireland property market, and according to my research there's never been a property crash in the North. Apparently, even in the 70's there were major increases in property prices! Many years in the 70's property increased by over 20% per annum! This is in contrast to England, which has seen significant crashes in the past, and has seen falling prices since last August. This is just my opinion, but at the moment I simply wouldn't invest in England, or the Republic as I think the markets are just too unstable (and no I can't prove it before anyone asks).
It's not in Britains interests to let the NI economy stagnate. So I can only see prices there going upwards.
HTH