OFF MARKET

24 Bogan Gate Road
Forbes NSW 2871

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 122m2
Land area: 1804m2
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Property Details for 24 Bogan Gate Rd, Forbes

24 Bogan Gate Rd, Forbes is a 2 bedroom, 1 bathroom House. The property has a land size of 1804m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Floor Size
122m2
Land Size
1804m2
Local Government
Forbes
Lot/Plan
6/DP248297

Last Listing description (May 2023)

Offering a huge combined allotment of approx. 1812sqm with approval for subdivision, this corner lot just screams potential in a prime pocket of Forbes.

Set across the road from Forbes North Public School in a thriving growth area of town, there's such a high demand for housing in this family-friendly locale that any development would make for a safe and lucrative investment.

This splitter block consists of 2 generous lots in a much-desired corner position, with the option to undertake significant repairs on the current homestead or simply demolish to make way for development (STCA).

The block is almost completely level to aid in lower site costs, leaving room to develop your dream family home or multiple new dwellings (STCA) to bring a major boost to your portfolio in this highly appealing area.

Located just a short stroll from beautiful Lake Forbes, you're mere minutes from the town centre for major shops and supermarkets, cafs and restaurants, schools, childcare and easy access to the highway.

For more information please contact Emma on 0417 224 222 today!

Features
- Huge Combined Allotment Of 1812sqm
- Splitter Block On A Desirable Corner Lot
- Almost Completely Level For Lower Site Costs
- Subdivision Approval Already In Place
- Choice To Repair Or Demolish Current Home (STCA)
- Prime Position In The Growth Area Of Town
- Directly Across From Forbes North Public School
- Close To Beautiful Lake Forbes & Local Parkland
- Close To Shops, Supermarkets, Cafs & Restaurants
- Close To Public Transport and Highway Access

Property History for 24 Bogan Gate Rd, Forbes, NSW 2871

A timeline of how this property has performed in the market
Last Sold
$203,000
24 May 2023
  • 24 May 2023
    Sold for $203,000
  • 04 Apr 2023
    Listed for Sale Offers Invited
  • 12 Jan 2021
    Sold

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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 2011 was 7,559 people. By 2016 the population was 8,435 showing a population growth of 11.6% in the area during that time. The predominant age group in Forbes is 0-9 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 2011, 66.7% of the homes in Forbes were owner-occupied compared with 68.3% in 2016.

Forbes has 5,197 properties. Over the last 5 years, Houses in Forbes have seen a 68.34% increase in median value, while Units have seen a 61.89% increase. As at 31 October 2024:

  • The median value for Houses in Forbes is $350,805 while the median value for Units is $290,967.
  • Houses have a median rent of $400 while Units have a median rent of $255.
There are currently 87 properties listed for sale, and 16 properties listed for rent in Forbes on OnTheHouse. According to CoreLogic's data, 189 properties were sold in the past 12 months in Forbes.

Suburb Insights for Forbes 2871

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.