Back 28 Forbes Road
Off Market

28 Forbes Road

Parkes NSW 2870

3
1
1024 m²
House
Jim O'DonoghueJim O'Donoghue, last sold this property on 14 July 2025 after 48 days on market.

Overview

Fantastic investment!

If you're after a solid investment, here it is! This property used to be on the Newell Highway, but now the highway has moved, it's just on the much quieter Forbes Rd and backs onto Parkes Hockey ovals. This is your chance to now snap it up quickly, boasting excellent rent income at $350/week and leased until December 2026. They don't make blocks this size anymore at 1024m2, and there's value to be added through upgrades and improvements over time, or plenty of space for an extension or for dual occupancy. Highlighted Features: • 3 bedrooms; 2 with built-in wardrobes • Comfortable living spaces • Large bathroom with full-size bathtub • Spacious fenced backyard • Currently tenanted Phone the team at Ray White Parkes today and secure this fantastic entry-level opportunity on 0268621900

Features

3 bedrooms
1 bathroom
1024 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Parkes over the last 12 months, the estimated median property value of 28 Forbes Road is $419.5k.

Median value
$419.5k
Estimated value range
$190k - $640k
Median days on market
46
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Parkes. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 28 Forbes Road

2025
Sold
Undisclosed
14 Jul 2025 by Jim O'Donoghue, of Ray White Central West Group
2024
Rented
Undisclosed
Leased on 07 Aug 2024 by Ray White Central West Group
2023
Rented
Undisclosed
Leased on 25 May 2023 by Ray White Central West Group

Happy sellers in Parkes

88%
88% of sellers in Parkes reported that their sale price either exceeded or met their price expectations.

Parkes stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Parkes over the last 12 months.

Local market activity for 3 bedroom houses in Parkes

In the last 12 months, 94 three-bedroom houses similar to 28 Forbes Road, have been sold.

This represents a 14% increase in three-bedroom houses sales when compared to the previous 12 months.

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