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Bogan Gate vs Forbes

Property investment comparison - Bogan Gate, NSW 2870 vs Forbes, NSW 2871

Head-to-head across core investment metrics: Bogan Gate wins 2, Forbes wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricBogan GateForbes
Median house price$450K$465K
Median unit price$330K-
Gross rental yield (houses)5.20%4.80%
Gross rental yield (units)5.57%-
1-year house growth-+12.0%
3-year house growth-+11.5%
Vacancy rate1.7%1.5%
Population2698,157

Bogan Gate vs Forbes: what the numbers say

The median house price is $450K in Bogan Gate and $465K in Forbes, so Bogan Gate is the cheaper entry point, with Forbes houses about 3% dearer.

On cash flow, Bogan Gate leads: houses there return a gross rental yield of 5.20%, compared with 4.80% in Forbes, a gap of 0.40 percentage points.

Rental vacancy is 1.5% in Forbes and 1.7% in Bogan Gate, so landlords in Forbes face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Forbes is the bigger suburb, with a population of 8,157 against 269, roughly 30 times the size of Bogan Gate; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Bogan Gate for rental income, Bogan Gate for a lower purchase price, Forbes for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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