19-21 Rankin Street, Forbes, NSW 2871 | Property Value & History | OnTheHouse
OFF MARKET

19-21 Rankin Street
Forbes NSW 2871

Bedrooms: 2
Bathrooms: -
Car spaces: -
Land area: 582m2
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Property Details for 19-21 Rankin St, Forbes

19-21 Rankin St, Forbes is a 2 bedroom, 0 bathroom House. The property has a land size of 582m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
House
Land Size
582m2
Local Government
Forbes
Lot/Plan
1/DP435051

Last Listing description (February 2024)

MULTIPLE TENANT INCOME - INVESTORS TAKE NOTE

If you've been looking for your next investment opportunity, don't go past 19-21 Rankin street you'll benefit from not one but three income streams! With premises facing high profile Rankin Street full tenanted and a third shop front facing Lawler Street the potential rental return on this investment exceeds 9%.

* Tenants Joblink - $1339 per month - expiring 30/6/2025

* Tenants Lachlan Laundry service - $1382.96 EX GST per month - expiring 24/4/2026
* Lawler street entrance - currently vacant & expecting $250 per week

For more information or to arrange a viewing , contact agent Brendon Allegri 0416 930 197

Property History for 19-21 Rankin St, Forbes, NSW 2871

A timeline of how this property has performed in the market
Last Sold
$472,500
11 Jan 2024
Listed for Rent
$19k/w
26 Mar 2020
  • 11 Jan 2024
    Sold for $472,500
  • 13 Nov 2023
    Listed for Sale $495,000
  • 06 Dec 2019
    Listed for Sale $425,000 GST Exempt
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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 5,257 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 102 properties listed for sale, and 24 properties listed for rent in Forbes on OnTheHouse. According to Cotality's data, 263 properties were sold in the past 12 months in Forbes.

Suburb Insights for Forbes 2871

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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.