OFF MARKET

7 Parkes Street
Forbes NSW 2871

Bedrooms: 5
Bathrooms: 4
Car spaces: 1
Land area: 1012m2
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Property Details for 7 Parkes St, Forbes

7 Parkes St, Forbes is a 5 bedroom, 4 bathroom Unit with 1 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Land Size
1012m2
Local Government
Forbes
Lot/Plan
3A/85/DP758418

Last Listing description (July 2022)

INVESTOR ALERT!!! RETURNING $790PW

If you've been searching for a set and forget investment then don't miss this great little money spinner with a return of $790pw these units would be a great asset for your super or addition to the investment portfolio.

Featuring:

Unit 1 - Currently tenanted for $205pw, featuring modern kitchen good sized dining area, separate lounge room with wall A/c, two bedrooms with built ins the main bedroom, updated bathroom, separate laundry, under covered out door area & carport.

Unit 2 - Currently tenanted $200pw, Modern L shaped kitchen with open dining/lounge area, one bedroom with built ins & wall A/c, combined bathroom/laundry room, & front veranda.

Unit 3 - Currently tenanted $195pw - Modern L shaped kitchen, open dining/lounge room area, one bedroom with built ins & wall A/c, combined bathroom/laundry.

Unit 4 - Currently tenanted $190pw - Modern L shaped kitchen, open dining/lounge room area, one bedroom with built ins & wall A/c, combined bathroom/laundry.

Situated in a popular location an easy walk to the CBD, these units would make a great addition to your investment portfolio. Call today to register your interest to be auctioned unless sold prior.

Online Auction 28th July - 6pm
Contact Agent Brendon Allegri for link
0416 930 197
E: brendon.allegri@raywhite.com

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Property History for 7 Parkes St, Forbes, NSW 2871

A timeline of how this property has performed in the market
Last Sold
$620,000
28 Jul 2022
Listed for Rent
$190/w
26 Nov 2019
  • 28 Jul 2022
    Sold for $620,000
  • 15 Jun 2022
    Listed for Sale Auction
  • 05 Mar 2021
    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 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 5,204 properties. Over the last 5 years, Houses in Forbes have seen a 73.07% increase in median value, while Units have seen a 63.95% increase. As at 30 November 2024:

  • The median value for Houses in Forbes is $379,886 while the median value for Units is $298,812.
  • Houses have a median rent of $405 while Units have a median rent of $270.
There are currently 86 properties listed for sale, and 16 properties listed for rent in Forbes on OnTheHouse. According to CoreLogic's data, 173 properties were sold in the past 12 months in Forbes.

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