2. NSW
  3. Forbes

Forbes NSW 2871

Houses Units

Here you can find what you need to know about Forbes, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$443K Median Sale Price (National Average $485k) 1322nd In NSW
10.62% Median Sale Price Change (1yr) (National Average 4.30%) 423rd In NSW
$400pw Median Rent (National Average $395) 1164th In NSW
4.7% Median Gross Yield (National Average 4.24%) 92nd In NSW
Properties sold 154
Average discounting -5.13%
Average Days on Market 95
Stock on Market 155 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Forbes, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Forbes, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Forbes, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Forbes


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Forbes, NSW 2871

Part of: Forbes Council No data available

The size of Forbes is approximately 980.3 square kilometres. It has 21 parks covering nearly 0.2% of total area. The population of Forbes in 2011 was 7,559 people. By 2016 the population was 8,435 showing a population growth of 11.6% in the area during that time. The predominant age group in Forbes is 0-9 years. Households in Forbes are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forbes work in a professional occupation. In 2011, 66.7% of the homes in Forbes were owner-occupied compared with 68.3% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Forbes

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Forbes   for Houses in last 12 months


There have been 154 Houses sold in Forbes in the past 12 months with a median sale price of $443K, up 10.6% annually. It takes on average 71 days to sell with vendor discounting of -5.1%.

Others also viewed

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Forcett TAS, 7173 Unavailable $717,500 Unavailable Unavailable View Suburb Profile
Parkes NSW, 2870 8.14% $465,000 $430pw 4.8% View Suburb Profile
Nelly Bay QLD, 4819 4.50% $580,000 $550pw 4.9% View Suburb Profile
Fairfield VIC, 3078 -9.43% $1,585,000 $795pw 2.6% View Suburb Profile
Prospect NSW, 2148 17.65% $1,150,000 $650pw 2.9% View Suburb Profile
Avonside NSW, 2628 Unavailable Unavailable Unavailable Unavailable View Suburb Profile

Currency

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