Auction Times
Thu 5 Sep | Auction Time | Agency | |
|---|---|---|---|
 | 727 Wandary Lane 4 2 0 Lifestyle | 11:00 AM Thu 5th Sep | Ray White |
 | 11009 The Escort Way 4 2 2 Mixed farming | 11:00 AM Thu 5th Sep | Ray White |
Sat 7 Sep | Auction Time | Agency | |
|---|---|---|---|
 | 7 McDonnell Street 4 2 2 House | 12:00 PM Sat 7th Sep | Michael J Robinson & Co |
Sat 14 Sep | Auction Time | Agency | |
|---|---|---|---|
 | 2 Mcdonnell Street 4 3 2 House | 12:00 PM Sat 14th Sep | Michael J Robinson & Co |
Median Sale Price
House
-
Updated on Jul 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jul 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $175,000 | 0.0% | $70,000 | $1,040,000 | 109 |
| 2010 | $170,000 | -2.9% | $68,000 | $980,000 | 83 |
| 2011 | $180,000 | +5.6% | $55,000 | $800,000 | 110 |
| 2012 | $182,000 | +1.1% | $36,000 | $627,000 | 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 | 105 |
| 2024 | $472,500 | +17.7% | $225,000 | $1,450,000 | 53 |
Median Sale Price
$473K
Based on 91 recorded sales within the last 12 months
Updated on 1 Sep 2024
Suburb Growth
+18.5%
Current Median Price: $472,500
Previous Median Price: $385,000
Based on 183 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2024)
Price Range Segments (12 months ending Aug 2024)
Median Weekly Rent Price
House
-
Updated on Jul 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Jul 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 | $350 | +8.6% | $240 | $600 | 73 |
| 2022 | $390 | +10.3% | $200 | $650 | 99 |
| 2023 | $400 | +2.5% | $180 | $650 | 88 |
| 2024 | $450 | +11.1% | $200 | $650 | 48 |
Median Rent Price
$430
per week
Based on 69 recorded rent within the last 12 months
Updated on 1 Sep 2024
Rent Price Growth
+7.0%
Current Median Rent: $430
Previous Median Rent: $400
Based on 169 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.7%
Current Median Price: $472,500
Current Median rent: $430
Based on 160 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2024)
Auction Results For Forbes
Houses sold in Last 12 months ends 31 Aug 2024
$0M
Median Sale Price
0%
Clearance Rate
0/6
Sold/Reported
$0M
Highest Sale Price
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 |