Forbes
Suburb profile, market snapshot and recent listings for Forbes, NSW 2871.
About Forbes
Welcome to Forbes
Forbes sits on the banks of the Lachlan River in the New South Wales Central West, roughly 380 kilometres west of Sydney via the Newell and Mid-Western highways. It's a rural service centre with a strong sense of its own history, from the gold-rush days that first put it on the map to its present role as a hub for the surrounding farming districts.
With a population of around 8,157 and a median age of 42, Forbes has the feel of a settled, working country town rather than a satellite commuter suburb. It suits people after affordable housing, space, and a genuine community — families, farmers, tree-changers and anyone happy to trade big-city pace for a town where the local footy club and the show society still matter.
Lifestyle & dining
Life in Forbes revolves around the river and the main street. The Lachlan River and its parklands are the town's social spine, hosting everything from weekend picnics to the annual Jemalong Irrigation-fed farming rhythms that shape the local calendar. The historic streetscape, with its grand old bank buildings and pubs, gives the town centre a solid, established character, and cafes and hotels along the main strip cater to a steady mix of locals and travellers passing through on the Newell Highway.
Being a regional centre rather than a purely residential suburb, Forbes has more going on than towns of similar size — agricultural shows, the Forbes Gold Rush themed events tied to its Ben Hall bushranger history, and a calendar of markets and sporting fixtures that keep the community connected.
Schools & families
Forbes is well provided for when it comes to education, which is a big part of its appeal to families. Younger children have Forbes Public School and Forbes North Public School, along with St Laurence's Parish School for a Catholic option, while older students move on to Forbes High School or Red Bend Catholic College. Having this full run of options within the town means families aren't forced into long bus trips or boarding arrangements that are common in smaller Central West communities.
Getting around
Forbes functions as a transport crossroads for the region, sitting at the junction of the Newell and Mid-Western highways, which makes it an easy stop for freight and travellers moving between Sydney, Melbourne and inland Queensland. The town also has its own airport with regular regional flights, useful for business travel or visitors who'd rather skip the long drive.
Within the town itself, distances are short and manageable, and most everyday destinations — schools, shops, the hospital and the river parklands — are an easy drive or bike ride from the surrounding residential streets.
Housing & architecture
Housing in Forbes leans strongly toward standalone houses, which make up 61% of current listings, reflecting the town's suburban and rural character. Vacant land accounts for 32% of listings, a sign of ongoing new-home building activity, while apartments and units are scarce at just 3% and acreage or rural blocks make up the remaining 2% for those wanting more elbow room on the town's fringes.
Architecturally, Forbes has a good mix of federation-era and post-war homes closer to the centre, with newer estates offering more contemporary builds on the outskirts — giving buyers a genuine choice between character and low-maintenance new construction.
The property market
Forbes remains firmly in affordable territory, with a median house price of $420,000, putting home ownership within reach for many buyers who'd be priced out of coastal or metro markets. That affordability hasn't come at the cost of growth, though — the median has risen 15.1% recently, a strong result that points to solid demand for what the town offers.
For those renting, the median is $430 a week, a figure that reflects reasonable yields for investors given the entry price point. With land making up close to a third of current listings, there's also clear scope for buyers wanting to build rather than buy established, adding another layer of opportunity to the local market.
Market snapshot
Forbes property market
Median sale price
$420k
House · 3 bed
Median rent
$430
per week
Gross rental yield
5.3%
annual rent ÷ sale price
Typical price range
Entry
$236k
Median
$420k
Premium
$707k
Days on market
49
Auction clearance
56%
Sold this year
82
Median sold price trend · House 3 bed
Compound growth +5.6% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Forbes by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Forbes, NSW 2871.
Population
8,157
residents (2021)
Median age
42
years
Household income
$1,221
median, per week
Median rent
$230
per week
Median mortgage
$1,257
per month
Mortgage / income
24%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Forbes
Government school catchment
Independent & Catholic schools
Recent results
Recently sold in Forbes
$382k
88 Calarie Road
Sold ~July 2026
$450k
1 Little Queen Street
Sold ~July 2026
$650k
62 Calarie Road
Sold ~July 2026
$265k
66 Union Street
Sold ~July 2026
$545k
1421 Mumbidgle Road
Sold ~July 2026
$520k
Licence 617789 Wandary Lane
Sold ~July 2026
$840k
11 Federation Boulevard
Sold ~July 2026
$548k
57 Patterson Street
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Forbes
Compare the area
Price map around Forbes
Every listing for sale near Forbes, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
Loading price map…
Common questions
Forbes suburb FAQ
What is the median property price in Forbes?
The median house price in Forbes, NSW is $420k for a 3-bedroom home. Over the past year, median sold prices have risen about 15.1%.
How much is rent in Forbes?
The median weekly rent in Forbes is around $430 per week.
Is Forbes a good place to live?
Forbes is a town in the Central West region of New South Wales, Australia, located on the Newell Highway between Parkes and West Wyalong. Forbes is an established residential suburb in NSW, with a population of around 8,157 and 5 schools in the area.
What is the population of Forbes?
Forbes has a population of 8,157 (ABS 2021 Census), with a median age of 42.
What schools are in Forbes?
There are 5 schools in or near Forbes, including Forbes North Public School, Forbes Public School and St Laurence's Parish School.
How long do homes take to sell in Forbes?
Properties in Forbes take around 49 days to sell on average, with an auction clearance rate of about 56%.
How much do you need to buy in Forbes?
Entry-level properties in Forbes start around $236k, while premium homes reach $707k.
Fresh to market
New this week in Forbes
Ray White Forbes - (02) 6851 1411
Entry-Level Opportunity with Development Potential
Available now