Forbes is in the bottom 10% in NSW when comparing median price capital growth over the last year. Forbes gave property investors a dismal capital gain figure when compared to the rest of the state, with -6.00%.
If we look at median property appreciation over just the last three months, Forbes has given property investors a paper return of -4.08%. This puts Suburb as 1317 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Forbes is offering property investors an average of -5.28. This rate of discount on properties puts Suburb at number 157th in terms of most discounted suburbs in NSW
With the median price for a house in Forbes being $235000 and the advertised rent reaching $240 the gross rental yield for property investors calculates out to be 5.31%