NSW · 2871

Forbes

Suburb profile, market snapshot and recent listings for Forbes, NSW 2871.

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 price ranks #3,576 of 3,797 suburbs · pricier than 6%
Bedrooms

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.

House61%
Land32%
Apartment / Unit3%
Acreage / Rural2%
Townhouse1%

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

Forbes North Public School

K-6CoEdGovernment
Visit school website →

Forbes Public School

K-6CoEdGovernment
Visit school website →

Forbes High School

7-12CoEdGovernment
Visit school website →

Independent & Catholic schools

St Laurence's Parish School

K-6CoEdCatholic
Visit school website →

Red Bend Catholic College

7-12CoEdPrivate
Visit school website →

Recent results

Recently sold in Forbes

$382k

88 Calarie Road

house3 bd · 1 ba · 1 car

Sold ~July 2026

$450k

1 Little Queen Street

house4 bd · 1 ba · 4 car

Sold ~July 2026

$650k

62 Calarie Road

house5 bd · 2 ba · 2 car

Sold ~July 2026

$265k

66 Union Street

house4 bd · 1 ba · 1 car

Sold ~July 2026

$545k

1421 Mumbidgle Road

house6 bd · 2 ba · 6 car

Sold ~July 2026

$520k

Licence 617789 Wandary Lane

house1 ba

Sold ~July 2026

$840k

11 Federation Boulevard

house4 bd · 2 ba · 2 car

Sold ~July 2026

$548k

57 Patterson Street

house4 bd · 2 ba · 2 car

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

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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.

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ForbesNearby suburbs

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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.

Available now

Properties in Forbes

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For Sale
Auction
house
StMate est. ~$755k

Ray White Forbes - (02) 6851 1411

42 Wambat Street, Forbes NSW 2871
4261012 m²
Ray White Parkes | Forbes | Condobolin | West Wyalong1 month ago
Ask AI about this property
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For Sale
$450,000
house

Ray White Forbes - (02) 6851 1411

Unit 1 / 19B Oxford Street, Forbes NSW 2871
211
Ray White Parkes | Forbes | Condobolin | West Wyalong2 weeks ago
Ask AI about this property
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For Sale
$770,000
house

15 REYMOND STREET, FORBES SPACIOUS BRICK HOME ON 1.2 ACRES IN SOUGHT AFTER SOUTH FORBES!

15 Reymond Street, Forbes NSW 2871
425001 m²
SaleByHomeOwner.com.au3 months ago
Ask AI about this property
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For Sale
$689,000
house

NEW HOME, NEW ESTATE UNDER CONSTRUCTION

3 Livingston Boulevard, Forbes NSW 2871
422755 m²
Michael Robinson & Co Real Estate3 months ago
Ask AI about this property
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NewFor Sale
$257,500
house

Entry-Level Opportunity with Development Potential

29 Patterson Street, Forbes NSW 2871
2111499 m²
Michael Robinson & Co Real Estate6 days ago
Ask AI about this property
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For Sale
$729,000
house

Ray White Forbes - (02) 6851 1411

3 Windsor Street, Forbes NSW 2871
4234062 m²
Ray White Parkes | Forbes | Condobolin | West Wyalong1 month ago
Ask AI about this property
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For Sale
$815,000
house

Blue-Ribbon Living Atop Camp Hill

53 Church Street, Forbes NSW 2871
332942 m²
Michael Robinson & Co Real Estate2 months ago
Ask AI about this property
Image 1
For Sale
$198,450
land

Ray White Forbes - 02 6851 1411

41 Federation Boulevard, Forbes NSW 2871
1008 m²
Ray White Parkes | Forbes | Condobolin | West Wyalong3 months ago
Ask AI about this property
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For Sale
$720,000
house

Spacious Family Living with Low-Maintenance Appeal

68 Quarry Road, Forbes NSW 2871
422714 m²
Michael Robinson & Co Real Estate3 weeks ago
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For Sale
$99,000
house

The Worst House on the Street? The Best Opportunity!

38 Farrand Street, Forbes NSW 2871
468 m²
Flemings Property Services1 month ago
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For Sale
$450k–$495k
house

ENDLESS POTENTIAL GRAND FEDERATION HOME IN PRIME LOCATION

18 Spring Street, Forbes NSW 2871
4221005 m²
Flemings Property Services3 months ago
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For Sale
$550,000
house

Ray White Forbes - (02) 6851 1411

27 Thames Street, Forbes NSW 2871
312926 m²
Ray White Parkes | Forbes | Condobolin | West Wyalong1 week ago
Ask AI about this property