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Forbes Creek
NSW, 2621 - Queanbeyan-Palerang Regional

Thinking about buying in Forbes Creek? Now could not be a better time, with just 54 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $917,000 with prices in this suburb ranging from $243,000 to $1,670,000. The aproximate distance to the coast is 63 Km.

Household Makeup

Median Weekly Rent $470.00
Median Monthly Mortgage $2600.00
Median Persons Per Bedroom 0.70
Average Household Size 3.00
Average Age 45.00
Average Income $1300.00
Average Cars Per Dwelling 2.43
Average Properties Within 50M 1

Housing Stock

Average Property Prices

3 Bed  $1,144,000
5 Bed  $458,000

Forbes Creek Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Forbes Creek ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Forbes Creek classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Forbes Creek necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Forbes Creek

PRD 74 GALVINS CREEK RD, FORBES CREEK, NSW, 2621 Beds Bathrooms $1,799,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Forbes Creek there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Forbes Creek weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.314.130.728.787.93.625.2
Feb2.413.427.936.391.43.621.2
Mar3.211.324.442.894.53.317.0
Apr1.37.421.342.894.92.713.9
May1.12.416.447.796.92.511.0
Jun1.81.413.355.897.42.88.9
Jul1.10.612.754.495.93.89.5
Aug1.40.614.045.394.73.612.6
Sept1.83.117.841.093.83.617.0
Oct1.86.221.436.993.03.520.7
Nov2.19.525.430.989.14.325.0
Dec1.912.428.627.987.83.626.6

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

31-08-2023 $1,077,000 1 / 55 DANIEL LANE
08-08-2023 $995,000 457 FORBES CREEK RD
23-05-2022 $770,000 2219 HOSKINSTOWN RD
15-07-2021 $760,000 421 FORBES CREEK RD
18-12-2019 $770,000 470 FORBES CREEK RD
14-06-2019 $405,000 3 / 55 DANIEL LANE
06-03-2017 $525,000 2219 HOSKINSTOWN RD
08-08-2016 $300,000 748 FORBES CREEK RD
29-07-2016 $760,000 55 DANIEL LANE
15-06-2015 $435,000 116 OLD MILL RD
03-09-2014 $207,000 266 OLD MILL RD
31-01-2014 $675,000 552 FORBES CREEK RD
02-04-2012 $180,000 116 OLD MILL RD
28-03-2012 $790,000 172 FORBES CREEK RD
10-05-2011 $235,000 260 OLD MILL RD
24-12-2010 $300,000 470 FORBES CREEK RD
29-11-2010 $495,000 748 FORBES CREEK RD
01-02-2010 $585,000 552 FORBES CREEK RD
29-06-2007 $330,000 552 FORBES CREEK RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

PalerangHoskinstownRossiPrimrose ValleyBombayFarringdonBungendoreMulloonCarwoolaHarolds Cross

Public Transport


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