Suburb Profile Report for Forbes NSW (2871)

Forbes House: Median price $245,000, Annual capital growth 4.50%, Number of sales 187, Weekly median advertised rent $240

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Over the last year, property investments in Forbes, 2871 have given investors a capital gain of 3.16%. This compares badly with the 8.26% for NSW as a whole.

If we look at median property appreciation over just the last three months, Forbes has given property investors a paper return of 0.00%. This puts Suburb as 1085 on a list of fastest fasting appreciating suburbs in NSW

At number 188th of NSW’s most discounted properties, Forbes is in the bottom 20% of the state/territory when listing in order of most discounted to least.

Property investors should expect to get $240 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$245,000 N/A
0.00% N/A
3.16% N/A
4.50% N/A
$240 N/A
187 N/A
5.09% N/A
107.48 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 7559
Median household income ($/weekly) 805
Median age of persons 41
Median housing loan repayment ($/monthly) 1148
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1056 14.0
    35-44 years 851 11.3
    45-54 years 945 12.5
    55-64 years 978 12.9
    65-74 years 828 11.0
    Others 2902 38.4
    Age Group
    Census Count Percent(%)
    Registered Married 2589 49.1
    Not Married 2186 41.4
    Defacto Relationship 500 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 6862 95.8
    Papua New Guinea 32 0.4
    Philippines 23 0.3
    United Kingdom 96 1.3
    Other 31 0.4
    Others 121 1.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 0.3
    Christianity 6202 88.2
    Islam 12 0.2
    Other Religious Groups 19 0.3
    No Religion 770 11.0
    Others 4 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 331 12.5
    $400-$599 404 15.3
    $600-$799 355 13.4
    $800-$999 283 10.7
    $1,000-$1,249 245 9.3
    Others 1030 38.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2445 43.1
    Employed, worked full-time 1922 33.9
    Employed, worked part-time 893 15.7
    Employed, away from work 220 3.9
    Unemployed, looking for work 190 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 441 14.5
    Professionals 451 14.9
    Technicians & trades workers 455 15.0
    Clerical & administrative workers 363 12.0
    Labourers 381 12.5
    Others 945 31.1
    Occupation
    Census Count Percent(%)
    Pre-school 156 9.4
    Infants/Primary 605 36.6
    Secondary 597 36.1
    Technical or Further Educational Institution 176 10.7
    University or other Tertiary Institutions 94 5.7
    Others 24 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6409 93.5
    Semi-detached, row or terrace house, townhouse 178 2.6
    Flat, unit or apartment 219 3.2
    Caravan, cabin, houseboat 36 0.5
    Improvised home, tent, sleepers out 9 0.1
    Others 5 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1080 37.6
    Being purchased 905 31.5
    Rented 871 30.3
    Other tenure type 15 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals