AREA REPORTS

Forbes

NSW/
Forbes

Suburb Profile

Forbes - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2871

house

Based on its average 5-year and quarterly capital gains FORBES, 2871 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that FORBES, 2871 obtained a 4.89% growth over a ten-year period. It ranks 1604th on our list of suburbs that property investors should look into.

FORBES, 2871 in NSW belongs to the local government area of Forbes.

FORBES, 2871 has a capital gain of 12.31% for the past year, which is higher than average compared to its 30% growth within a five-year period.

With the median home price in FORBES sitting at $260,000, and the average rent at $250, property owners could potentially earn a 5% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in FORBES are low, as opposed to average gains per annum over the past five years.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $260,000 N/A
GROWTH REPORT
Median Quarterly -3.7% N/A
Median 12 month 12.31% N/A
Median 3 years 17.12% N/A
Median 5 years 30% N/A
10 years average annual 4.89% N/A
Weekly media advert. rent $250 N/A
Time on Market 118.3 days N/A
Gross Rental Yield Percent 5% N/A
demographics (median values)
Total Population
8048
Weekly Household Income
655.6
Household Size
2.40
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Suburbs

Property investors see reduced competition from FHBers

Recent market conditions have meant first-home buyers have had to bow out of the property game, and are expected to return by the end of 201...

Suburbs

The worst performing suburbs of 2018 revealed

New data has revealed the suburbs that experienced the highest negative growth over 2018. ...

Tax reform gear

Property experts join for round table against ‘train wreck’ tax changes

The Liberal government organised a roundtable with many of Australia’s top property experts to discuss what changes to negative gearing an...

An energy efficient lightbulb

How to add efficiency to your property investment

Property investor Matthew Preston said that being an efficient investor is all about taking small, manageable steps to meet your goals. He s...

Aerial shot of a suburb

‘Prop tech’ to play bigger role in property market this 2019

Based on the current trends in the real estate market, Real Estate Business’ Tim Neary believes that technology in property, or ‘prop te...

Apartment building

‘Great buying opportunities’ for careful investors looking at new-builds

Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...