11462 The Escort Way, Forbes, NSW 2871 | Property Value & History | OnTheHouse
OFF MARKET

11462 The Escort Way
Forbes NSW 2871

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 184m2
Land area: 20237m2
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Property Details for 11462 The Escort Way, Forbes

11462 The Escort Way, Forbes is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 20237m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in February 2006.

Building Type
House
Year Built
1985
Floor Size
184m2
Land Size
20237m2
Local Government
Forbes
Lot/Plan
1/DP365603

Last Listing description (December 2012)

'FAIRVIEW' - EAST OF PARKES 1367 Hectares - 3378 Acres East of the Newell Highway Scale - Water - Farming - Grazing - Irrigation The Complete Package
Location:
Fairview is located less than 20 kilometres east of Parkes and 80 kilometres west of the City of Orange. Parkes offers all regional centre services including daily flights to Sydney connecting to all other cities. Parkes airport is less than 15 minutes drive from Fairview.

Parkes is currently experiencing major expansion in the form of a rail and road freight distribution hub along with the intention to develop the airport as an international air freight facility. The North Parkes gold mine has also promoted further development also. The City of Orange features all major services and infrastructure and is only a 3.5 hour drive from Sydney.
Country
The property features land that ranges from flat to slightly sloping rich red loam soils that could be considered prime farming country along with some top shelf dry-land Lucerne flats, extending to sloping farming country that can be either farmed or used as excellent grazing country. A region of steeper timbered country provides sturdy grazing land along with numerous vital and first rate water catchment areas.
The 2007 cropping programme of 428 Ha consisted of:
Wheat - 179 Ha Oats - 45 Ha Canola - 113 Ha Triticale - 14 Ha
Lupins - 32 Ha Field Peas - 13 Ha Lucerne - 31 Ha
Water & Irrigation
The quantity and quality of the water on Fairview is a major attribute. With over 70 dams of varying capacities on the property the ability to store and supply stock water is unsurpassed. Every paddock has at least one dam in it. A bore at the house is pumping 2250 litres per hour of ph neutral water and has been used for crop spraying in addition to domestic purposes.
A licensed, undeveloped irrigation system exists on the property. Two major dams have been established for the supply of water to the irrigation system. Estimated at between 80 & 100 Megalitres each and with an area licence of 20 Hectares (Lic# 70SL090701 vol approx 80 meg) the two dams are a major feature of the property.
Long term average rainfall for the property (East of Parkes and influenced by the nearby ranges) is in the vicinity of 675mm or 27 inches.
Fencing
All fencing is in fair to good condition being predominately Hinge Joint or Netting and barb on a combination of wood and steel posts. The vast majority is quite sound and suitable for sheep and/or cattle. Fairview is sub-divided into approximately 46 main paddocks.
Improvements
A double brick homestead circa 1955 is well located on the property. Featuring 3 bedrooms, 2.5 bathrooms along with lounge and dining rooms, an enclosed sunroom plus patio the house has been well maintained. A very neat & tidy fibro 3 bedroom cottage is located nearby to the homestead. A stunning home site exists, overlooking one of the main dams and a large proportion of the property, where a more substantial residence could also be built.
The three stand woolshed features steel yards capable of working 2000 sheep. Good workable steel cattle yards with a capacity of 200 head are well located giving trucks easy access. Sheds include an 80ft x 35ft steel machinery shed, a 40ft x 20ft workshop, and a steel hayshed with a capacity of up to 9000 small square bales. Grain storage includes 3 x 2100 bushel, 1x 1800 bushel, 1 x 1500 bushel plus a super silo.
All usual services such as school buses to Parkes, daily mail services in addition to extremely easy access to Parkes airport exist.
Approved Subdivision
A five lot subdivision has been approved for development by Parkes Shire Council. The development has been thoughtfully sited to front the Bindogundra Road at the rear of the property which will easy access to Parkes from the lots; however the site is located in a part of the property where it will not hinder ongoing operations nor has it encroached on any of the better farming land. The total area of the subdivision will be in the region of 60 Ha and the right to develop and market these blocks will pass to the new owner of Fairview.
Remarks: Fairview has a list of features worthy of consideration even to the most particular of owners. The proximity to Parkes which is very quickly becoming one of the states major transport and distribution hubs places Fairview in a highly desirable location. The range of country presents ample opportunity for both cropping and livestock production however the principal asset on the property is the secure water and its' irrigation capabilities. With all water being harvested from its' own catchment areas on farm and the necessary licences in place to production could consist of high yielding grain crops or fodder crops such as Lucerne or forage maizes that in turn could be used in rations to fatten and finish stock.
Whilst Fairview has been well managed and maintained by the current owners the opportunity to further devel

Property History for 11462 The Escort Way, Forbes, NSW 2871

A timeline of how this property has performed in the market
Last Sold
$175,000
14 Feb 2006
  • 26 Sep 2012
    Listed for Sale Not Disclosed
  • 14 Feb 2006
    Sold for $175,000
  • 10 Jul 2003
    Sold for $170,000
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About Forbes 2871

The size of Forbes is approximately 980.3 square kilometres. There are 21 parks, covering nearly 0.2% of the 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 5,266 properties. Over the last 5 years, Houses in Forbes have seen a 49.72% increase in median value, while Units have seen a 6.54% increase. As at 31 July 2026:

  • The median value for Houses in Forbes is $420,104 while the median value for Units is $433,677.
  • Houses have a median rent of $430 while Units have a median rent of $315.
There are currently 104 properties listed for sale, and 24 properties listed for rent in Forbes on OnTheHouse. According to Cotality's data, 276 properties were sold in the past 12 months in Forbes.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.