Thinking about buying in Forbes? Now could not be a better time, with just 101 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $671,000 with prices in this suburb ranging from $642,000 to $1,831,000. The aproximate distance to the coast is 51 Km.
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Average Income | $ |
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In Forbes there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Forbes is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Forbes changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Forbes the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Our Lady of the Way Catholic Primary School
Kilmore Primary School
Assumption College
St Patrick's Primary School
(While the above schools are located with the suburb of Forbes there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.1 | 15.5 | 33.6 | 23.0 | 82.6 | 3.6 | 27.2 |
Feb | 2.7 | 15.0 | 30.2 | 32.0 | 86.4 | 3.5 | 23.1 |
Mar | 2.7 | 12.3 | 26.9 | 38.1 | 90.9 | 3.1 | 18.4 |
Apr | 1.3 | 7.3 | 22.3 | 42.7 | 94.7 | 2.6 | 14.9 |
May | 1.2 | 3.0 | 17.4 | 50.6 | 96.6 | 2.5 | 11.1 |
Jun | 2.0 | 2.1 | 13.9 | 61.5 | 97.4 | 2.5 | 9.1 |
Jul | 1.9 | 0.6 | 13.2 | 61.3 | 98.7 | 2.4 | 9.4 |
Aug | 1.3 | 0.5 | 14.5 | 52.6 | 98.1 | 2.6 | 12.4 |
Sept | 1.6 | 2.3 | 18.3 | 44.9 | 96.2 | 2.9 | 17.4 |
Oct | 1.4 | 5.7 | 23.1 | 36.7 | 94.4 | 3.1 | 22.3 |
Nov | 2.8 | 9.6 | 27.2 | 30.6 | 91.7 | 3.1 | 25.0 |
Dec | 2.2 | 12.7 | 30.4 | 24.5 | 85.1 | 3.4 | 27.9 |
source: Australian Government Bureau of Meteorology
05-11-2024 | $448,000 | 17 MCDONNELL ST |
04-11-2024 | $320,000 | 29 JOHNSON ST |
01-11-2024 | $335,000 | 1 GUNN ST |
01-11-2024 | $620,000 | 11 WYNDHAM AVE |
30-10-2024 | $300,000 | 58 HILDA ST |
29-10-2024 | $340,000 | 20 WAMBAT ST |
25-10-2024 | $290,000 | 28 BATTYE ST |
22-10-2024 | $2,000,000 | 725 WANDARY LANE |
18-10-2024 | $550,000 | 177 FARNELL ST |
11-10-2024 | $535,000 | 61 PATTERSON ST |
11-10-2024 | $320,000 | 37 BELAH ST |
11-10-2024 | $420,000 | 1 WYNDHAM AVE |
04-10-2024 | $825,000 | 365 CALARIE RD |
02-10-2024 | $420,000 | 25 GLOUCESTER ST |
30-09-2024 | $650,000 | 73 SAM ST |
30-09-2024 | $155,000 | 14 BRIDGE ST |
27-09-2024 | $615,000 | 90 FARRAND ST |
27-09-2024 | $650,000 | 17 PARK AVE |
25-09-2024 | $2,100,000 | 75 LACHLAN ST |
25-09-2024 | $195,000 | 18 CEDAR CRES |
25-09-2024 | $105,000 | 52 QUARRY RD |
19-09-2024 | $388,000 | 2 BATHURST ST |
12-09-2024 | $225,000 | 12 FERRY ST |
12-09-2024 | $445,000 | 2 DOVER ST |
09-09-2024 | $479,000 | 6 MARCIA ST |
09-09-2024 | $610,000 | 8 BATHURST ST |
06-09-2024 | $880,000 | 71 LACHLAN ST |
02-09-2024 | $420,000 | 37 QUEEN ST |
02-09-2024 | $760,000 | 1 / 16 PARKES RD |
26-08-2024 | $270,000 | 55 SAM ST |
22-08-2024 | $345,000 | 3 FACEY ST |
16-08-2024 | $360,000 | 149 YORK ST |
12-08-2024 | $520,000 | 18 PRINCE ST |
05-08-2024 | $820,000 | 21 BEDGERABONG RD |
01-08-2024 | $300,000 | 6 BARTLEY ST |
31-07-2024 | $1,400,000 | 625 CALARIE RD |
23-07-2024 | $1,450,000 | 17 BANDON ST |
19-07-2024 | $475,000 | 8 RAE ST |
19-07-2024 | $255,000 | 16 CONRIDGE ST |
15-07-2024 | $380,000 | 33 BATHURST ST |
11-07-2024 | $700,000 | 203 RACECOURSE RD |
10-07-2024 | $365,000 | 39 FLINT ST |
09-07-2024 | $570,000 | 8 DORSET ST |
03-07-2024 | $561,000 | 82 LACHLAN ST |
01-07-2024 | $50,000 | 28 FORRESTER ST |
01-07-2024 | $1,800,000 | 5 CROSS ST |
26-06-2024 | $750,000 | 71 HILL ST |
25-06-2024 | $1,250,000 | 241 FARNELL ST |
21-06-2024 | $280,000 | 5 PARKES ST |
21-06-2024 | $520,000 | 74 SAM ST |
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