Forbesdale NSW 2422: Property Market Report & Real Estate Insights

Part of Mid-Coast, NSW

Forbesdale Real Estate Market Outlook

Thinking about buying in Forbesdale? Now could not be a better time, with just 103 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $3,369,000 with prices in this suburb ranging from $454,000 to $15,779,000. The approximate distance to the coast is 47 Km.

Living in Forbesdale

In Forbesdale there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Forbesdale is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Forbesdale leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Forbesdale the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Instant Property Valuation

Forbesdale, located in the scenic Mid-Coast region of New South Wales, is a place that blends rural charm with a sense of community, making it an appealing destination for those seeking a peaceful lifestyle. The housing market in Forbesdale has seen moderate growth over the past few years, with property prices generally lower than in bustling city areas, making it an attractive option for families and retirees alike. Houses available in this region range from quaint cottages to larger family homes, often surrounded by verdant landscapes and close to essential amenities. The affordability and diversity of housing options cater to a variety of residents, from young couples starting out to those looking to downsize without sacrificing comfort or quality of life.

Living in Forbesdale offers a relaxed pace and a strong connection to nature, with plenty of outdoor activities available. The area is known for its beautiful parks, walking trails, and proximity to the Manning River, providing opportunities for fishing, kayaking, and picnicking. Community spirit is a notable aspect of life here, with local events and markets fostering a friendly and neighborly atmosphere. Residents appreciate the blend of rural seclusion and accessibility to nearby towns for shopping, dining, and other services. With a pleasant climate and welcoming environment, Forbesdale represents a slice of idyllic country life with modern conveniences just a stone’s throw away.

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