Forbes, NSW 2871

Forbes, NSW 2871

Compare Part of Forbes

301.09 km
Distance from CBD
10 k
Population

Auction Times

Thu 21 Nov
Auction Time Agency
47 Show Street
3 2 2 House
3:00 PM
Thu 21st Nov
Ray White
78 Reymond Street
3 1 1 House
3:00 PM
Thu 21st Nov
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 21 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 21 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

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