Loading...
Loading...
The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
2023 Picki. All rights reserved.
Forbes River is a suburb in Area of Port Macquarie Hastings, Australia with 13 residents. The median house price is $200K. Our analysis rates Forbes River with a suburb score of 78/100 for investment timing.
Property prices in this suburb may grow below average in the short term. Rental growth could also slow during this consolidation phase. Consider monitoring market indicators before investing.
78
Suburb Score
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
Loading...
What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia, not just the highlighted ones advertisers pay for. We scan over 12,000 real estate agent websites daily across Australia, from the leading agencies to the smallest local ones. This effort means Picki reveals 30% more properties for sale compared to other sites. And since some homes show up on local agent sites days before they appear on the major advertising platforms, Picki provides you an early advantage.
View all propertiesSuburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
|---|
Forbes River has a suburb score of 78/100 for investment timing, placing it in the moderate investment category within Area of Port Macquarie Hastings. The suburb shows balanced fundamentals for property investment, with reasonable growth potential and stable rental returns. Investors seeking a mix of capital growth and rental yield may find Forbes River suitable for their portfolio.
Forbes River's capital growth outlook is moderate based on current market indicators. Forbes River shows stable growth fundamentals with some variation across different property types. Investors should consider factors like proximity to amenities, school catchments, and infrastructure developments when assessing individual property growth potential.
Forbes River is located within Area of Port Macquarie Hastings Local Government Area in Australia. Area of Port Macquarie Hastings encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Forbes River is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Forbes River is $200K based on recent sales data. At this price point, Forbes River offers an affordable entry into the Australia property market, potentially providing higher rental yields and cash flow positive investment opportunities.
Forbes River has a population of approximately 13 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Forbes River is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
Forbes River's suburb score of 78/100 can be compared against other suburbs in Area of Port Macquarie Hastings to identify relative investment value. With a score between 50-80, Forbes River sits in the middle tier of Area of Port Macquarie Hastings suburbs. Some neighboring suburbs may offer better timing opportunities while others may be less favorable. Compare all suburbs in Area of Port Macquarie Hastings using our platform to find the best investment opportunities.
