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Forbes River
NSW, 2446 - Port Macquarie-Hastings

Thinking about buying in Forbes River? Now could not be a better time, with just 16 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $867,000 with prices in this suburb ranging from $374,000 to $1,014,000. The aproximate distance to the coast is 48 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Forbes River Real Estate Market Outlook

In Forbes River there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Forbes River is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Forbes River leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Forbes River the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.


Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Forbes River 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 River 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
Jan4.020.828.860.088.65.224.1
Feb10.520.128.160.891.24.519.3
Mar11.918.926.763.192.54.515.8
Apr4.315.224.756.492.53.814.9
May3.01222.652.992.23.412.3
Jun3.39.820.154.091.53.711.0
Jul1.17.720.247.392.93.412
Aug1.78.021.243.092.03.715.2
Sept2.111.322.946.790.24.517.7
Oct3.514.024.153.890.74.620.7
Nov1.216.526.549.887.55.124.9
Dec6.519.027.457.988.55.223.0

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

05-04-2024 $780,000 1393 FORBES RIVER RD
26-02-2021 $229,000 500 FORBES RD
12-08-2020 $278,000 1994 FORBES RIVER RD
29-06-2018 $1,030,000 1331 FORBES RIVER RD
25-09-2017 $800,000 1331 FORBES RIVER RD
22-02-2017 $314,000 1578 FORBES RIVER RD
09-10-2014 $250,000 1578 FORBES RIVER RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Upper PappinbarraBirdwoodWerrikimbeBanda BandaKipparaPappinbarraKindeeMount SeaviewYarrasBril Bril


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