97-99 Lachlan Street, Forbes, NSW 2871 | Property Value & History | OnTheHouse
OFF MARKET

97-99 Lachlan Street
Forbes NSW 2871

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Land area: 455m2
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Property Details for 97-99 Lachlan St, Forbes

Building Type
Commercial
Year Built
1899
Land Size
455m2
Local Government
Forbes
Lot/Plan
2/DP216973

Last Listing description (April 2016)

UNIQUE HISTORICAL BUILDING CIRCA 1899PREVIOUSLY THE AUSTRALIA HOTEL THIS PROPERTY OFFERS A UNIQUE OPPORTUNITY TO CAPITALISE ON PERIOD CHARM & UNPARALLELED CENTRAL MAIN STREET LOCATION.FEATURES INCLUDE A FLEXIBLE FLOOR PLAN THAT CAN BE UTILISED AS 6 SEPARATE COMMERCIAL PREMISES COMPRISING OF 3 GROUND FLOOR SHOPS, AND UPSTAIRS THERE ARE 2 SEPARATE OFFICE AREAS- WELL SUITED TO A MUSIC STUDIO, MASSAGE THERAPY, ACCOUNTANTS ETC, AND RESTAURANT WITH CHARMING OLD WORLD BALCONY DINING.THE LAND SIZE IS APPROXIMATELY 455SQM, SHOP FLOOR SPACE APPROXIMATELY 309SQM AND THE WIDE WRAP AROUND BALCONY WITH WROUGHT IRON LACE WORK OFFERS A FURTHER 140SQM.THIS FABULOUS OLD BEAUTY IS PERFECT FOR AN OWNER OCCUPIER LOOKING FOR UNRIVALLED EXPOSURE, AN INVESTOR LOOKING FOR MULTIPLE RENTAL OPPORTUNITIES, OR THOSE WANTING THE BEST OF BOTH WORLDS!

Property History for 97-99 Lachlan St, Forbes, NSW 2871

A timeline of how this property has performed in the market
Last Sold
$400,000
01 Jul 2019
  • 01 Jul 2019
    Sold for $400,000
  • 04 Apr 2016
    Listed for Sale $790,000 PLUS GST
  • 10 Oct 2015
    Listed for Sale price upon application
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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 5,269 properties. Over the last 5 years, Houses in Forbes have seen a 54.86% increase in median value, while Units have seen a 10.43% increase. As at 31 August 2026:

  • The median value for Houses in Forbes is $433,391 while the median value for Units is $465,714.
  • Houses have a median rent of $440 while Units have a median rent of $340.
There are currently 109 properties listed for sale, and 19 properties listed for rent in Forbes on OnTheHouse. According to Cotality's data, 273 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.