This 120-acre (48 hectare) approx property has a long history of Angus cattle farming and regular paddock fertilization. Various sized paddocks, both large and small, are accessed by laneways to facilitate cattle movements. There are 3 dams, as well as a bore which feeds to paddock troughs. There are shelter sheds in several paddocks and some pine tree shelter for cattle.This is a rectangular property (800 metres road frontage and 600 metres depth) with very gently sloping and flat paddocks, all suitable for grazing. Farm infrastructure includes a large set of cattle yards with crush and three relatively new farm sheds. The old-style farmhouse has adequate features which have served their occupants well over the years, including 3-bedrooms, kitchen, separate dining room and lounge, with a cosy wood fire and gas heater. There is a lock-up garage and carport. The property is conveniently located minutes from Kilmore shopping centre, schools and railway station, being less than an hour by rail or road to Melbourne CBD and Tullamarine Airport.
The size of Forbes is approximately 34.7 square kilometres. The population of Forbes in 2016 was 126 people. By 2021 the population was 158 showing a population growth of 25.4% in the area during that time. The predominant age group in Forbes is 50-59 years. Households in Forbes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forbes work in a managers occupation.In 2021, 73.60% of the homes in Forbes were owner-occupied compared with 93.00% in 2016.
Forbes has 73 properties. Over the last 5 years, Houses in Forbes have seen a 12.08% increase in median value, while Units have seen a 120.13% increase. As at 31 January 2026:
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