3 Margaret St, Forbes is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 1012m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 3 bedroom House sold in Forbes in the last 12 months.
Rarely do homes come onto the market at this price! This is your chance to buy your first property or add to your investment portfolio. The property is situated on the Southern side of Forbes, in a small, quiet street and in an area where new homes have recently been built. The location is great, and with land size of approx. 1012 sqm, this is an opportunity not to be missed. The home consists of 2 bedrooms, plus a sleepout, an open plan kitchen, dining & lounge room and a large combined bathroom/laundry room. Outside are established trees and lawns, plus a single carport and garden shed. The home is currently tenanted, paying rent of $140 per week. There is no fixed term lease in place - so you could either purchase to move in or alternatively we may be able to negotiate a new lease with the tenant. For more information, or to arrange an inspection, please contact Tara Kelly 0418 465 407.
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 5,178 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:
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