151 Lachlan StreetForbes NSW 2871
Property Details for 151 Lachlan St, Forbes
Last Listing description (February 2018)
Secure 5 year lease to June 2022 + option to 2027
Leased to Crowe Horwath, a national accountancy firm with over 110 offices throughout Australia & New Zealand
Prime CBD location close to major tenants including Woolworths, Australia Post and major banks
Forbes: commercial hub of agricultural and wheat district of Central West NSW, trade catchment circa 9,200
Annual CPI rent increases
Easily managed single tenant investment
Current Net Income: $67,658 pa + GST
Property History for 151 Lachlan St, Forbes, NSW 2871
- 14 Sep 2020Sold for $1
- 22 Dec 2017Sold for $780,000
- 13 Nov 2017Listed for Sale Not Disclosed
Recent sales nearby
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0About Forbes 2871
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 5,180 properties. Over the last 5 years, Houses in Forbes have seen a 51.70% increase in median value, while Units have seen a 24.16% increase. As at 31 December 2025:
- The median value for Houses in Forbes is $388,033 while the median value for Units is $419,439.
- Houses have a median rent of $410 while Units have a median rent of $350.
Suburb Insights for Forbes 2871
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