Forbes is an average performer in NSW when comparing median price capital growth over the last year. Forbes gave property investors a average capital gain figure when compared to the rest of the state, with 6.96%.
The five-year average increase in median property values for Forbes,2871 has given property investors a potential capital gain of 43.02% across each of those five years.
Property investors looking for a bargain in Forbes should be aiming for at least -6.33% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 15.58 sales per month, which equates to 187 per year.
Advertised rents are around the $240 mark per week – giving a return of 5.07% based on the median price in Suburb