SOLD
Sold on 02 Apr 2024 for $515,000

8 Battye Street
Forbes NSW 2871

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 168m2
Land area: 1012m2
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Property Details for 8 Battye St, Forbes

8 Battye St, Forbes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 1012m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Forbes in the last 12 months.

Building Type
House
Year Built
1930
Floor Size
168m2
Land Size
1012m2
Local Government
Forbes
Lot/Plan
5/DP654299

Last Listing description (January 2024)

INVESTORS TAKE NOTE ! DOUBLE THE INCOME!

RETURNING $701.35PW, This property is a great little money spinner & has loads of potential to either move in, keep renting, or would make the ideal air bnb opportunity being on the door steps of the CBD. Featuring include

* Period style home has frontage to Battye street consists of two large bedrooms and three large sleep out rooms, tidy kitchen with breakfast bar, central lounge room with gas heating, & dining room, disable style main bathroom plus second toilet & shower in the laundry, evaporative A/c, driveway & separate yard currently returning $370pw expiring 5/9/23.

* Farrand Street shop currently occupied by popular "sheldricks" fine foods who have recently renewed their lease. The shop built out of mainly block besser block & cool room panel, layout consisting of cool rooms, staff room, bathroom room & huge carport with access from farrand street. Currently returning $331.35pw on a renewed 3 year lease.

Located on the corner of Battye & Farrand street this is a unique investment opportunity with a good return in place why not invest in thriving regional town of Forbes!

Agent Brendon Allegri 0416 930 197

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Property History for 8 Battye St, Forbes, NSW 2871

A timeline of how this property has performed in the market
Last Sold
$515,000
02 Apr 2024
Listed for Rent
$370/w
22 Aug 2023
  • 02 Apr 2024
    Sold for $515,000
  • 17 Feb 2023
    Listed for Rent $370 / week
  • 23 Feb 2022
    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 5,192 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 81 properties listed for sale, and 13 properties listed for rent in Forbes on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Forbes.

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