Auction Times
Thu 5 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 60 Ferry Street 3 2 2 House | 3:00 PM Thu 5th Dec | Ray White |
 | 26 Prince Street 4 1 5 House | 3:00 PM Thu 5th Dec | Ray White |
 | 11377 The Escort Way 4 2 10 House | 3:00 PM Thu 5th Dec | Ray White |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $178,000 | 0.0% | $70,000 | $1,040,000 | 109 |
| 2010 | $170,000 | -4.7% | $68,000 | $980,000 | 83 |
| 2011 | $180,000 | +5.6% | $55,000 | $800,000 | 110 |
| 2012 | $182,000 | +1.1% | $36,000 | $720,000 | 142 |
| 2013 | $185,000 | +1.6% | $65,000 | $720,000 | 120 |
| 2014 | $195,000 | +5.1% | $38,000 | $430,000 | 77 |
| 2015 | $230,000 | +15.2% | $85,000 | $460,000 | 56 |
| 2016 | $245,000 | +6.1% | $90,000 | $589,800 | 79 |
| 2017 | $260,000 | +5.8% | $35,000 | $525,000 | 107 |
| 2018 | $270,000 | +3.7% | $44,000 | $1,200,000 | 105 |
| 2019 | $290,000 | +6.9% | $75,000 | $825,000 | 106 |
| 2020 | $300,000 | +3.3% | $97,000 | $850,000 | 133 |
| 2021 | $340,000 | +11.8% | $80,000 | $1,650,000 | 119 |
| 2022 | $420,000 | +19.0% | $110,000 | $1,730,000 | 102 |
| 2023 | $389,000 | -8.0% | $96,000 | $2,500,000 | 106 |
| 2024 | $475,000 | +18.1% | $225,000 | $1,450,000 | 77 |
Median Sale Price
$473K
Based on 89 recorded sales within the last 12 months
Updated on 22 Nov 2024
Suburb Growth
+17.9%
Current Median Price: $472,500
Previous Median Price: $388,000
Based on 188 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $185 | 0.0% | $110 | $340 | 39 |
| 2012 | $200 | +7.5% | $110 | $350 | 41 |
| 2013 | $195 | -2.6% | $110 | $320 | 51 |
| 2014 | $230 | +15.2% | $160 | $320 | 51 |
| 2015 | $230 | 0.0% | $120 | $400 | 81 |
| 2016 | $245 | +6.1% | $150 | $360 | 82 |
| 2017 | $250 | +2.0% | $155 | $525 | 70 |
| 2018 | $270 | +7.4% | $120 | $420 | 90 |
| 2019 | $290 | +6.9% | $150 | $550 | 100 |
| 2020 | $320 | +9.4% | $180 | $540 | 65 |
| 2021 | $355 | +9.9% | $240 | $600 | 73 |
| 2022 | $395 | +10.1% | $200 | $650 | 99 |
| 2023 | $400 | +1.3% | $180 | $650 | 88 |
| 2024 | $450 | +11.1% | $200 | $650 | 60 |
Median Rent Price
$440
per week
Based on 70 recorded rent within the last 12 months
Updated on 22 Nov 2024
Rent Price Growth
+9.1%
Current Median Rent: $440
Previous Median Rent: $400
Based on 158 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.8%
Current Median Price: $472,500
Current Median rent: $440
Based on 159 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Forbes
Houses sold in Last 12 months ends 16 Nov 2024
$475K
Median Sale Price
17%
Clearance Rate
2/12
Sold/Reported
$475K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K (Median Price Range) | 1 | |
Similar Suburbs to Forbes 2871
Based on median house sale price sold in last 12 months
Schools closest to Forbes, NSW 2871
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Forbes Public School | LACHLAN STForbes 2871 | Primary | Government | 0.3 km |
| St Laurence's Primary School | Forbes 2871 | Primary | Catholic | 0.62 km |
| Forbes North Public School | THOMSON & FACEY STSForbes 2871 | Primary | Government | 1.84 km |