7 Court StreetForbes NSW 2871
Property Details for 7 Court St, Forbes
Last Listing description (October 2024)
:: Well Located adjacent to highways
:: 12 upgraded guest accommodation rooms
:: Restaurant and function room serviced by a moder
:: 3 bedroom, 2-bathroom owner/managers' residence
:: Court house cafe serving breakfast & coffee
This is a classic central western Hotel with many of its original features reinstated and or upgraded to provide a modern but sympathetic décor throughout the Hotel.
This business provides the full range of income producing departments associated with a traditional country hotel located in a busy rural town.
- Public and Lounge bar areas with fully upgraded bar and beers system (new 2017)
- Court house café serving breakfast & coffee
- Restaurant and function room serviced by a modern commercial kitchen
- Beer garden & separate breakout smoking area
- 12 upgraded guest accommodation rooms
- 3 bedroom, 2-bathroom owner/managers’ residence
- Licensed outdoor/footway Dining ( extra 32 seats) across the front of the Hotel
- Beautiful Historic park across the road Close to major Highway
This Hotel is ideal for someone looking to get into the Hotel industry offering all aspects of a good and easily operated country Pub, with room to move and still allow you to create your stamp on this iconic Aussie pub
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Property History for 7 Court St, Forbes, NSW 2871
- 08 Oct 2024Sold for $1,000,000
- 21 Apr 2022Sold for $621,500
- 13 Jul 2021Sold for $650,000
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0About 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 5,262 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.
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