Weddin Shire Council

Forbes

NSW2871

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

Compare Forbes with a nearby suburb.

Median, growth, schools, walkability, all in one view.

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.

See what you can borrow

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.

Work out your selling costs

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

Median House PriceSource: ABS Data by Region (SA2-level, 2024) · Dec 2024

$420,000

+4.8% annual growth

Median Unit PriceSource: ABS Data by Region (SA2-level, 2024) · Dec 2024

$375,000

Days on MarketSource: ABS Data by Region (SA2-level, 2024) · Dec 2024

38

Average days to sell

PopulationSource: ABS Census 2021 · May 2026

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 2024

2.85%

Based on $420,000 median

Gross Yield (Unit)

Source: ABS Data by Region (SA2-level, 2024) · Dec 2024

3.19%

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 2026

67%

Higher = more owner-occupier demand

Days on Market

Source: ABS Data by Region (SA2-level, 2024) · Dec 2024

38 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.

Offence Summary

1,226

total offences in 2025

Top offence categories

Theft398 (32.5%)
Against justice procedures153 (12.5%)
Assault143 (11.7%)
Drug offences136 (11.1%)
Malicious damage to property122 (10.0%)

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.

Walk Score

98

Transit Score

10

Bike Score

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

K-6CoEdGovernment
View Catchment

Forbes North Public School

K-6CoEdGovernment
View Catchment

Forbes High School

7-12CoEdGovernment
View Catchment

© 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.

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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