$425 —
Higher than 86% of suburb / locality areas.
- 2016: $375
- 2021: $425
Median weekly rent paid by households renting their home.
Forbes · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Every single home in Forbes (Vic.) is a separate house, making it an area defined by detached dwellings. While the typical monthly mortgage is around $1,907, the most striking feature is that 100% of the housing stock consists of houses rather than flats or townhouses.
All suburb / locality areas, 2021. The marker is Forbes — higher than 86% of areas.
Rents, mortgages and crowding.
Weekly rents are much higher than most similar areas, with a typical payment of $425. This is a little above the Victorian figure of $370 and the national figure of $375.
$425 —
Higher than 86% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,907 —
Higher than 67% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Forbes, $350–$549 is the majority at 100%.
In Forbes, $1,800–$2,999 is the majority at 67%; $3,000 or more is next at 33%.
How homes are owned or rented.
Renting is far less common here than in the rest of the state, with only 12.3% of households renting. Meanwhile, 36.8% of homes are owned outright, which is well above the national figure of 31%.
12.3% —
Lower than 65% of suburb / locality areas.
Share of occupied private dwellings that are rented.
36.8% —
Lower than 62% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Forbes splits fairly evenly between Owned outright (39%) and Owned with a mortgage (39%), with Rented at 13%.
Houses, townhouses, apartments and bedrooms.
Large homes dominate the landscape, as 86% of dwellings have three or more bedrooms. This is far above the Victorian average of 74.1%, with 42.1% of homes having exactly three bedrooms.
0.80 —
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
86.0% —
Higher than 68% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
Forbes splits fairly evenly between 3 bedrooms (46%) and 4 bedrooms (42%), with 1 bedroom at 6%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Forbes [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20936/forbes/topic/housing-dwellings