985 North Forbes Road Condobolin NSW 2877

4 / 2 / 2 / 32.34 ha

Here you can find what you need to know about 985 North Forbes Road , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Condobolin, NSW and much more.

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985 North Forbes Road Estimated Value

$750,000 - $800,000

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Last sold for $800,500 on 14 Dec 2023

Sale Type: Unknown

This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
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Gross Cashflow	Unavailable
Estimated Gross Yield	Upgrade to Premium
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Pros & Cons

Things to like

Above market cashflow potential
Cheaper than comparable properties
Low risk of losing value

Things to look out for

Slower growth than market average

Investment Strategy Scores

No Investor Scores available for this property

About this Property

Details

Bedrooms	4
Bathrooms	2
Car Spaces	2
Land Size	32.34 ha
Floor Area	216 m²
House Type	House: Rural

Council Area	Lachlan
Year Built	1950
Zone	Primary Production
Lot/Plan	12/DP1053434 Condobolin NSW
Property Type	House

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Suburb Insights

Condobolin, NSW 2877

Part of: Lachlan Council

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Condobolin, NSW 2877

Part of: Lachlan Council No data available

The size of Condobolin is approximately 4,940.2 square kilometres. It has 31 parks covering nearly 3.7% of total area. The population of Condobolin in 2011 was 3,742 people. By 2016 the population was 3,466 showing a population decline of 7.4% in the area during that time. The predominant age group in Condobolin is 0-9 years. Households in Condobolin are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Condobolin work in a managers occupation. In 2011, 65% of the homes in Condobolin were owner-occupied compared with 61.4% in 2016. (source: Australian Bureau of Statistics)

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Condobolin, NSW 2877

Part of: Lachlan Council No data available

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407 km

Distance from Sydney CBD

Population

5 year population change

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Condobolin for Houses in last 12 months

Last 12 months in Condobolin NSW 2877 View Suburb Profile

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$257K Median Value
55 Properties sold
$300pw Median Rent
8.9% Median Gross Yield
85 Average Days on Market
-11.6% Average Vendor Discount
10.0% Median Sale Price Change (1yr)

There have been 55 Houses sold in Condobolin in the past 12 months with a median sale price of $275K, up 10.0% annually. It takes on average 85 days to sell with vendor discounting of -11.6%.

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Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.

Natural Hazard Risk

Any hazard data or information is generated from a mathematical model using available statistical and property data and must not be relied upon as an accurate forecast of property hazard risk (Hazard Data). Hazard Data is indicative only and not intended to replace obtaining specific professional advice in relation to such information. Any Hazard Data does not take into account all matters that may be relevant for determining relevant hazards, and the recipient acknowledges and accepts:

it is not based on any site-specific geological or engineering investigation at the relevant property;
the Hazard Data is not a geological or engineering report for a property and does not replace the need for a site inspection in relation to issues relating to geological, foundation, or other hazard-related conditions at the relevant property; and
the information and data contained in the Hazard Data has been obtained from a variety of third party sources and does not specifically originate from CoreLogic.

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Risk Rating Definitions

The following Risk Ratings are generated from a mathematical model using available statistical and property data and must not be relied upon as an accurate forecast of coastal erosion risk:

Very High Risk : Risk of gradual coastal erosion reaching dwelling within 30 years and/or very high risk of significant storm surge impact.
High Risk : Risk of gradual coastal erosion reaching dwelling within 60 years and/or high risk of significant storm surge impact.
Medium Risk : Risk of gradual coastal erosion reaching dwelling within 120 years and/or medium risk of significant storm surge impact.
Low Risk : Risk of gradual coastal erosion reaching dwelling within 240 years and/or low risk of significant storm surge impact.
No Risk : Gradual coastal erosion likely to reach dwelling in more than 240 years OR no rate of retreat (stable coastline) and distance from coast and/or elevation above maximum expected storm surge height.

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