Forbes, NSW 2871
Weddin Shire CouncilAll suburbs in postcode 2871
Updated
Median house price
$425,000
Median of 185 house sales · NSW Valuer General · calendar 2025
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Forbes at a glance
- Median unit
- $375,000
- Weekly rent
- $420
- Houses
- Population
- 8,157
- Median age 42
Prices: Median of 185 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2871), June 2026 · Population: 2021 Census
House prices in Forbes
Houses change hands at $425,000 on a typical sale, well below the NSW median (185 house sales, NSW Valuer General, calendar 2025). Units come in around $375,000, roughly 12% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $85,000. Prices are well below the NSW median, which keeps Forbes on the radar for first-home buyers and right-sizers.
Rental data as of June 2026· NSW rental bond data (postcode 2871)
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What to know about Forbes
Forbes (2871) sits in the Weddin region of NSW. The median house here is $425,000, well below the NSW median of around $1.10M.
Forbes has roughly 8,157 residents, with a typical family-age mix. Households are mostly owner-occupied. Day-to-day life here is very walkable, with most errands manageable on foot.
What it’s like to live here
Forbes scores 98/100 on walkability, which makes it very walkable with limited public transport. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 34°C (hot), winter mornings around 3°C (cold). Annual rainfall lands at about 493 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 2 government primary, 1 government secondary, 1 Catholic, 1 independent.
Schools in Forbes
Location
Walkability
- Walk
- 98/100
- Transit
- 10/100
- Bike
- 65/100
Walker's paradise. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Forbes's population at 8,157, with a median age of 42. That sits as a typical family-age mix. Households are mostly owner-occupied (67% own, 28% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (65% family households, 32% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 65%
- Lone person
- 32%
- Owner occupied
- 67%
- Renter occupied
- 28%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 5.14% (median rent $420/wk against a $425,000 price tag). Renter share is modest (28%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
- Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
- 5.14%
- On the $425,000 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
547 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of January 2026
Weather year-round
- Annual rainfall
- 493 mm
- Hottest month, avg max
- 34.1°C
- Coldest month, avg min
- 2.9°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Forbes
- What is the median house price in Forbes?
- The median house price in Forbes, NSW 2871 is $425,000 (median of 185 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $375,000.
- How much is my house worth in Forbes?
- A useful starting point is the Forbes median house price of $425,000 (units $375,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Forbes a good investment?
- On the published figures, the gross rental yield on houses in Forbes is 5.1%: the median weekly house rent is $420 (NSW rental bond data (postcode 2871), June 2026) against the median house price of $425,000 (NSW Valuer General, calendar 2025). No 12-month price change is published for Forbes: the NSW Valuer General figures we hold do not measure one. Whether Forbes is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Forbes postcode?
- Forbes is in the 2871 postcode, in NSW, in the Weddin Shire Council region.
- Where is Forbes?
- Forbes is a suburb in the Weddin Shire Council area, NSW 2871.
- What is the average rent in Forbes?
- The median weekly rent for houses is $420.
- What schools are in Forbes?
- There are 5 schools serving Forbes on this page, including St Laurence's Parish School, Forbes Public School, Forbes North Public School.
- How walkable is Forbes?
- Forbes has a Walk Score of 98 out of 100, very walkable. transit score 10, bike score 65.
- What suburbs are near Forbes?
- Forbes is close to Weelong, Bandon, Calarie, Cumbijowa, Carrawabbity.
- What is the population of Forbes?
- The population of Forbes is approximately 8,157 (2021 Census). The median age is 42.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.