If you compare the increase in value of investment property in Forbes, 2871 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 8.70%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Forbes has increased when compared to the 5 year average annual rate.
Property buyers and investors in Forbes 2871 should be seeing an average reduction in asking price of around -6.21% . This means that Forbes is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $237.5 and the average annual increase in value of a median property of 5.37%, investors should hope to achieve an overall return of 4.94%