Forbes at a glance
Median house
$420,000
+4.8% year on year
Median unit
$375,000
Days on market
38
Average to sell
Walk score
98
Walker's paradise
Population
8,157
Median age 42
The brief
What to know about Forbes.
The postcode for Forbes is 2871 (NSW).
The median house price in Forbes is $420,000.
Forbes (2871) sits in the Weddin region of NSW. The median house here is $420,000, well below the NSW median of around $1.10M. Prices have moved +4.8% over the past year, ahead of the NSW average (3%).
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. Listings here typically sell in 38 days, slower than the NSW average of 32.
Side by side
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Median, growth, schools, walkability, all in one view.
Nearby suburbs
Day to day
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.
Schooling within or near the suburb covers 2 government primary, 1 government secondary, 1 Catholic, 1 independent.
Who lives here
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.
Population
8,157
Median age
42
Family households
65%
Lone person
32%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $420,000 on a typical sale, well below the NSW median. Units come in around $375,000, roughly 11% below the house median. The 12-month picture is one of steady growth (+4.8%). Days on market sit around 38, broadly typical for the state.
For buyers
A 20% deposit on the median house works out to roughly $84,000. Prices are well below the NSW median, which keeps Forbes on the radar for first-home buyers and right-sizers.
For sellers
Days on market run around 38, typical for the state. Twelve-month growth is +4.8%, supporting confident pricing at the upper end of recent comparables.
Market
The price of a home here.
Median house price
$420,000
+4.8% over the past year. Median unit price $375,000.
Sales data as of December 2024· sales-abs
Rental and ownership
Weekly rent (house)
$230/wk
Weekly rent (unit)
$230/wk
Owner occupied
67%
Renter occupied
28%
At a deeper level
$420,000
+4.8% annual growth
$375,000
38
Average days to sell
8,157
Median age: 42
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For investors
Investment overview.
Gross rental yield on houses sits at 2.85% (median rent $230/wk against a $420,000 price tag). Units yield 3.19% gross, often the better cash-flow play for first-time investors. Renter share is modest (28%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20242.85%
Based on $420,000 median
Gross Yield (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 20243.19%
Based on $375,000 median
Annual Growth (House)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024+4.8%
Year-on-year capital growth
Annual Growth (Unit)
Source: ABS Data by Region (SA2-level, 2024) · Dec 2024–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202667%
Higher = more owner-occupier demand
Days on Market
Source: ABS Data by Region (SA2-level, 2024) · Dec 202438 days
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
5-year trajectory
at +4.8%/yr
2021
$332K
5-year change
+26%
2026
$420K
Trajectory derived from the current median compounded at the suburb’s annual growth rate, not raw sale-by-sale history.
Safety
Crime and safety.
1,226
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of January 2025· State Police Open Data
Getting around
Walkability.
98
10
65
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Nearby suburbs
Education
Schools in Forbes.
Local schools for Forbes
View the catchment for each school to find out more.
Government School Catchment
Forbes Public School
Forbes North Public School
Forbes High School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Forbes.
- What is the median house price in Forbes?
- The median house price in Forbes, NSW 2871 is $420,000. The median unit price is $375,000. Annual growth is +4.8%.
- 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 regional suburb in NSW, postcode 2871, in the Weddin Shire Council region.
- What is the average rent in Forbes?
- The median weekly rent for houses is $230, for units it's $230.
- 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.
For Sale
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Surrounding Suburbs
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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