89 Farnell Street, Forbes, NSW 2871 | Property Value & History | OnTheHouse
OFF MARKET

89 Farnell Street
Forbes NSW 2871

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 994m2
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Property Details for 89 Farnell St, Forbes

89 Farnell St, Forbes is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 994m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in August 2007.

Building Type
Unit
Year Built
1993
Floor Size
83m2
Land Size
994m2
Local Government
Forbes
Lot/Plan
2/89/DP758418

Last Listing description (July 2007)

6 x 2 Bedroom Units
Affordable investment opportunity with potential!
Sturdy concrete block construction.

Centrally located, within 1.5km from CBD
Flood free position
Over 1000sqm block with rear access
Freshly painted internally & externally
Unit 1 currently leased $95.00 per week
Unit 2 leased till 22/12/07 $90.00 per week
Unit 3 vacant
Unit 4 leased till 30/9/07
Unit 5 vacant
Unit 6 leased till 31/8/07 $90.00 per week
Rates $2697.99 per annum
Some minor renovation updates required to reach full potential.
Unit plan includes open kitchen/ dining & living area, 2 bedrooms, built-ins in 1 bedroom,
bathroom, wall air conditioner, common carport area, external laundry.
UNITS ARE SELDOM FOR SALE SO DON'T MISS THIS OPPORTUNITY!
Additional feature - 6 x 2 Bedroom Units.

Property History for 89 Farnell St, Forbes, NSW 2871

A timeline of how this property has performed in the market
Last Sold
$290,000
17 Aug 2007
Listed for Rent
$140/w
11 May 2010
  • 07 Feb 2010
    Listed for Rent - Price not available
  • 26 Jun 2009
    Listed for Rent - Price not available
  • 13 Mar 2009
    Listed for Rent - Price not available
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About 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 5,177 properties. Over the last 5 years, Houses in Forbes have seen a 45.36% increase in median value, while Units have seen a 56.19% increase. As at 30 November 2025:

  • The median value for Houses in Forbes is $366,125 while the median value for Units is $416,172.
  • Houses have a median rent of $405 while Units have a median rent of $350.
There are currently 88 properties listed for sale, and 25 properties listed for rent in Forbes on OnTheHouse. According to Cotality's data, 240 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.