SOLD
Sold on 30 Aug 2024 for $1,578,900

593 Yarrangong Road
Forbes NSW 2871

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 3359700m2
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Property Details for 593 Yarrangong Rd, Forbes

Building Type
Rural
Land Size
3359700m2
Local Government
Forbes
Lot/Plan
2/DP121552

Last Listing description (October 2024)

Hermies (1383ac) has been operated as a dryland cropping enterprise by the current owners but would be equally productive and profitable as a mixed farming operation.

There is town water connected throughout the property as well as 11 dams scattered throughout, providing a secure water source.

Sealed road to front gate where the school bus travels past.

The mainly red loam country has proven to be very productive over the years.

First time on the market in over 45 years!

The 3 bedroom home is in good condition and is surrounded by well-maintained established gardens. Hermes has tar road frontage and a school bus service to the gate.

Property History for 593 Yarrangong Rd, Forbes, NSW 2871

A timeline of how this property has performed in the market
Last Sold
$1,578,900
30 Aug 2024
  • 30 Aug 2024
    Sold for $1,578,900
  • 16 Aug 2024
    Listed for Sale Not Disclosed
  • 14 May 2024
    Listed for Sale Not Disclosed
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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 5,192 properties. Over the last 5 years, Houses in Forbes have seen a 71.93% increase in median value, while Units have seen a 34.52% increase. As at 30 September 2024:

  • The median value for Houses in Forbes is $347,977 while the median value for Units is $294,849.
  • Houses have a median rent of $400 while Units have a median rent of $260.
There are currently 79 properties listed for sale, and 13 properties listed for rent in Forbes on OnTheHouse. According to CoreLogic's data, 195 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.