Forbes at a glance
8,163
People
$470,000
Median sale
$408/wk
Median rent
4.51%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
$699,000–$749,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
7
Car spaces
900 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$699,000–$749,000
Asking range · $777/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Forbes (last 5 years) with land size have a median of $610/m² of land (n=35). Districts calculation from recorded sales — not a valuation.
Forbes at a glance
8,163
People
$470,000
Median sale
$408/wk
Median rent
4.51%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
Vs Forbes
+48.7%
Median sale
Suburb $470,000
-1.47 pp
Gross yield
Suburb 4.51%
Suburb median $470,000 from 42 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$29,734 on top of the price (4.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Forbes's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $408/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 3.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Forbes at a glance
8,163
People
$470,000
Median sale
$408/wk
Median rent
4.51%
Suburb gross yield
Median sale from 42 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 Central WestPrice Adjusted. Sellers will consider all reasonable offers.
Two homes are ready to move in or rent out.
Welcome to 8 Koala Place, Forbes – a unique property offering two dwellings, perfect for those seeking space, flexibility, and great potential. Located in the highly desirable South Forbes, this property is ideal for investors seeking dual income, multi-generational living, or those wanting a comfortable setup for elderly parents or older children.
Main Residence Features:
- 3 Spacious Bedrooms with built-in wardrobes and ceiling fans
- Open-Plan Kitchen, Living & Dining area
- Kitchen with a freestanding oven and plenty of storage space
- 3-Way Bathroom with shower, separate toilet, and vanity
- Ducted Evaporative Air Conditioning throughout, Split System Air Conditioning and gas heating in lounge room
- Disability Access Ramp for easy access to the home
- Plantation shutters
Granny Flat / Second Dwelling Features:
- Large Kitchen/Dining/Lounge Area with ample space
- Spacious Bedroom with built-in storage
- Ensuite featuring a vanity, shower, and laundry facilities
- Access Ramp for easy access to the unit
- Reverse Cycle Split Systems in both the main bedroom and lounge room
Additional Features:
- Low-Maintenance Yard
- Carport for secure parking for both dwellings, plus a Lock-Up Tool Shed at the front
- Additional Shed with access down the back, providing extra storage or workspace
- Prime Location – in the sought-after South Forbes, close to shops, schools, cafés, and parks.
- Additional powered workshop/shed with shelving, storage, and even a toilet—perfect for tradies or hobbyists
- Rainwater tank for garden use
- Low-maintenance yard and lawns, ideal for a busy lifestyle
- Solar system to help reduce ongoing energy costs
- Set in a quiet cul-de-sac in one of the nicest streets on the south side of Forbes
Why You'll Love It
This is a truly versatile property that can accommodate a large family, generate extra income, or comfortably support multigenerational living. Use the second dwelling for extended family, older kids who want their own space, or lease it out for extra revenue. With wide side access, loads of storage, and modern conveniences throughout, this home offers a fantastic lifestyle opportunity in a premier location.
This home is open by exclusive appointment only, contact us to view!
Listing description written by Christian Smith, Century 21 Central West — reproduced as published, not verified by Districts.
NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.