SOLD
Sold on 19 Dec 2023 for $143,000

96-98 Rankin Street
Forbes NSW 2871

Bedrooms: -
Bathrooms: -
Car spaces: 7
Land area: 626m2
Sold By
Michael Robinson
Michael Robinson & Co Real Estate
Michelle Cheney
Michael Robinson & Co Real Estate
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Property Details for 96-98 Rankin St, Forbes

Building Type
Commercial
Land Size
626m2
Local Government
Forbes
Lot/Plan
21/DP550230

Last Listing description (June 2024)

This property presents a unique opportunity to purchase a building with huge potential in the heart of the Forbes CBD. Features include:

- Central Location
- Develop or Refurbish (STCA)

- 626m2*
- Drive through access to rear lane way
- Off Street parking - room for 7 vehicles
- Prime CBD location
- Multiple office/work areas

* Approx

For more information and to register your interest please give Michael or Michelle a call.

Property History for 96-98 Rankin St, Forbes, NSW 2871

A timeline of how this property has performed in the market
Last Sold
$143,000
19 Dec 2023
  • 19 Dec 2023
    Sold for $143,000
  • 21 Sep 2023
    Listed for Sale $178,000
  • 31 May 2019
    Listed for Sale $175,000 GST Exempt
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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 5,195 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 14 properties listed for rent in Forbes on OnTheHouse. According to CoreLogic's data, 190 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.