11 Black St, Forbes is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1920. The property has a land size of 1018m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Brand new and thoughtfully designed with accessibility in mind, this impressive unit complex presents a rare investment opportunity. Comprising three units on one title, the property offers low-maintenance living with generous, light-filled interiors throughout.
Each unit features wide hallways and doorways to support ease of access, along with a spacious open-plan living area that opens to a covered outdoor alfresco areaperfect for relaxing or entertaining. The well-appointed kitchens include an under-bench oven, glass cooktop, dishwasher, ample cupboard and bench space, plus a large breakfast bar.
There are two generously sized bedrooms in each unit, complete with built-in robes, ceiling fans, and split system air conditioning. The bathrooms are stylish and practical, separate toilet, designed for easy accessibility. Built-in cupboards in the hallway offer excellent storage.
Additional features include single garages with remote and internal access, designated laundry spaces, and extra storage. Comfort is assured year-round with reverse cycle air conditioning in the living areas, while solar panels (6.65 kw per unit), garden sheds, and rainwater tanks enhance efficiency and practicality.
Offering strong appeal for investors, Unit 1 is already tenanted at $420 per week, making this an outstanding opportunity to secure a brand-new, income-producing asset.
The size of Forbes is approximately 980.3 square kilometres. It has 21 parks covering nearly 0.2% of total area. The population of Forbes in 2016 was 8432 people. By 2021 the population was 8157 showing a population decline of 3.3% in the area during that time. The predominant age group in Forbes is 10-19 years. Households in Forbes are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Forbes work in a professional occupation.In 2021, 67.30% of the homes in Forbes were owner-occupied compared with 68.30% in 2016.
Forbes has 5,223 properties. Over the last 5 years, Houses in Forbes have seen a 58.23% increase in median value, while Units have seen a 33.75% increase. As at 30 April 2026:
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