Thinking about buying in Mount Forbes? Now could not be a better time, with just 193 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,150,000 with prices in this suburb ranging from $478,000 to $3,041,000. The aproximate distance to the coast is 58 Km.

Mount Forbes Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Mount Forbes 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. A mix of professions and above average income earners in Mount Forbes provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Mount Forbes requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Properties for sale Mount Forbes

66-94 tea tree av, mount forbes, qld, 4340

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Internet Speed

Download 25 Mbps / Upload 5 Mbps

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General Points of Interest

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