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Overview
Situated in a flood-free elevated position atop North Hill, this affordable property offers a unique chance for first-home buyers, renovators, and developers to acquire a substantial 1,499sqm parcel of land with significant potential. The existing modest cottage provides a functional living space, with two bedrooms, a generous bathroom, and a galley kitchen serving a comfortable living environment enhanced by split-system air conditioning.
The property stands out for its spacious grounds, featuring convenient side access to a large rear yard, ideal for further development, additional structures, or landscaping transformations, subject to council approvals. This combination of existing livability and development scope makes it an attractive proposition in a market where sizeable parcels are increasingly rare and sought after.
Overall, this residence caters well to buyers aiming to enter the property market with development aspirations, renovators seeking a project with good land size, or investors interested in its long-term potential in the Forbes area landscape.
Local Market Insights
In Forbes, Quiet Listings observed 11 new houses entering the market over the last 30 days, down from 15 during the previous 30-day period, with an average advertised asking price of $753,091. The property type mix of listed properties is predominantly Houses at 52%, followed by land (30%), and others (4%). The most active agency for houses in the Forbes area is currently Ray White, representing 73% of new listings, followed by Michael Robinson & Co Real Estate with 27%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Forbes NSW 2871
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