23 Clement Street, Forbes NSW 2871

23 Clement Street, Forbes NSW 2871
This single-story detached house on a 1,189 m² block offers 3 bedrooms, 2 bathrooms, and parking for 6 vehicles within a 4-car garage. Established gardens create a private, secluded setting. The standout feature is the parking capacity, which is rare for a residential house in this area and serves tradespeople, car enthusiasts, or families with multiple vehicles. The generous land size is significantly larger than typical local blocks, providing space for expansion, sheds, or outdoor living. This property is best suited for buyers seeking privacy, room to move, and a high-end parking solution within a quiet, garden-focused neighborhood. The inconsistency in bedroom and bathroom counts across listings may create a perception of uncertainty, potentially narrowing the buyer pool or softening initial interest. The property’s rural location may affect liquidity compared to urban markets. While the large garage is a strength, its value depends on whether a buyer specifically needs that capacity. The established gardens are a positive, but ongoing maintenance requirements should be considered when evaluating long-term costs.
Detailed Independent Property Report prepared  by PropCred Analyst team for 23 Clement Street, Forbes NSW 2871
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk 2
Income Risk 2
Execution Risk ! 1
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Market Insight

Forbes presents as a stable regional market with a strong owner-occupier base, driven by professional households and childless couples. Recent years have seen significant capital appreciation, though current conditions indicate the market is elevated above its long-term trend, suggesting potential volatility. Demand is underpinned by its rural setting and historical growth patterns, yet the market faces constraints from its limited unit stock and its current cyclical positioning.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

3

Land

1188m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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