Forbes River (postcode 2446) is a sparsely populated locality in New South Wales within the Port Macquarie-Hastings local government area. With a population of 20, the suburb has a settled, mature resident base with a median age of 45. Households earn a median income of $143K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, labourers, managers.
The current median weekly rent is $535. The median monthly mortgage repayment is $2,000.
The crime rate in the Port Macquarie-Hastings LGA is below average at 3,587 incidents per 100,000 population.
Looking at the investment signals, Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.