7 Mcdonnell Street, Forbes, NSW 2871 | Property Value & History | OnTheHouse
OFF MARKET

7 Mcdonnell Street
Forbes NSW 2871

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 550m2
Land area: 639m2
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Property Details for 7 Mcdonnell St, Forbes

7 Mcdonnell St, Forbes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 639m2 and floor size of 550m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Year Built
1970
Floor Size
550m2
Land Size
639m2
Local Government
Forbes
Lot/Plan
5/DP224362

Last Listing description (October 2024)

Nestled in a desirable residential area of Forbes, 7 McDonnell Street presents an exceptional opportunity for families and investors alike. This thoughtfully designed home offers a blend of modern updates and versatile spaces, making it an ideal residence for comfortable living or a valuable addition to a rental portfolio.

The upper level of this home features three generously sized bedrooms, two of which are equipped with built-in robes, providing ample storage. Fresh interiors, including new carpets and contemporary paint, enhance the inviting atmosphere of the open-plan living and dining area. This space seamlessly flows onto the front balcony, offering an ideal setting for relaxation and enjoying the neighbourhood views. The well-appointed kitchen, with its ample storage options, caters to the needs of a busy household and serves as the heart of the home.

Complementing the upper level, the newly renovated bathroom exudes modern elegance, complete with a separate toilet for added convenience. Climate control is ensured with a split system air conditioning unit and ceiling fans, providing comfort throughout the year.

The lower level introduces additional flexibility with a fourth bedroom and two spacious living areas. This area is perfect for a rumpus room or a teenage retreat, offering privacy and independence. A second toilet and a laundry room featuring an extra shower enhance the functionality of this level, making it ideal for diverse family needs or as an entertainment zone. The double garage offers internal access to the home.

Situated in a prime location, this property is within walking distance to Forbes High School, making it exceptionally convenient for families with school-aged children. Its location in a well-regarded residential area adds to its appeal, ensuring both comfort and a strong community environment.

Investment Potential:
As an investment, 7 McDonnell Street boasts a history of strong rental performance, making it a reliable asset for those looking to expand their property portfolio. Its thoughtful design, modern amenities, and strategic location ensure ongoing tenant demand and a solid return on investment.

7 McDonnell Street is a versatile and well-maintained home that promises a lifestyle of comfort and convenience. Whether youre seeking a spacious family residence or a robust investment property, this home offers a compelling blend of modern updates, ample living space, and a prime location. Dont miss the opportunity to make this exceptional property your own.

Property History for 7 Mcdonnell St, Forbes, NSW 2871

A timeline of how this property has performed in the market
Last Sold
$320,477
28 Mar 2023
Listed for Rent
$420/w
19 Jan 2023
  • 25 Sep 2024
    Listed for Rent $450 / week
  • 26 Jun 2024
    Listed for Sale Not Disclosed
  • 28 Mar 2023
    Sold for $320,477
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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 5,243 properties. Over the last 5 years, Houses in Forbes have seen a 47.31% increase in median value, while Units have seen a 30.94% increase. As at 31 May 2026:

  • The median value for Houses in Forbes is $423,590 while the median value for Units is $420,908.
  • Houses have a median rent of $420 while Units have a median rent of $320.
There are currently 76 properties listed for sale, and 16 properties listed for rent in Forbes on OnTheHouse. According to Cotality's data, 225 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.