Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 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 | $479,000 | +18.8% | $225,000 | $1,450,000 | 87 |
| 2025 | - | - | - | - | - |
Median Sale Price
$479K
Based on 86 recorded sales within the last 12 months
Updated on 27 Jan 2025
Suburb Growth
+16.5%
Current Median Price: $479,000
Previous Median Price: $400,000
Based on 191 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 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 | 86 |
| 2025 | - | - | - | - | - |
Median Rent Price
$450
per week
Based on 78 recorded rent within the last 12 months
Updated on 27 Jan 2025
Rent Price Growth
+11.1%
Current Median Rent: $450
Previous Median Rent: $400
Based on 167 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.9%
Current Median Price: $479,000
Current Median rent: $450
Based on 164 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Forbes
Houses sold in Last 12 months ends 25 Jan 2025
$790K
Median Sale Price
18%
Clearance Rate
3/17
Sold/Reported
$790K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $600 K - $800 K (Median Price Range) | 1 | |
| $400 K - $600 K | 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 |