All Topics / Help Needed! / Investing in Forbes

Viewing 6 posts - 1 through 6 (of 6 total)
  • Profile photo of diwilsondiwilson
    Member
    @diwilson
    Join Date: 2003
    Post Count: 1

    I will be inspecting a house in Forbes tomorrow. My first investment property, maybe. Any info about the area re investment property most welcome. Also can anyone recommend a building inspector there?

    thanks
    Di

    Profile photo of CeliviaCelivia
    Participant
    @celivia
    Join Date: 2003
    Post Count: 886

    Welcome, Di.
    Last year or so I visited Forbes to look around, and the only building inspector we found who was licenced was Hilton E Ellis.
    I will PM you his phone number now.
    He does not do pest inspections, so I also give you the number of a pestinspector.
    Hope this helps.

    Celivia

    Profile photo of thecrestthecrest
    Participant
    @thecrest
    Join Date: 2004
    Post Count: 992

    Hi Di
    What attracted you to Forbes ?
    cheers
    thecrest

    thecrest | Tony Neale - Statewide Motel Brokers
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    selling motels in NSW

    Profile photo of SonjaSonja
    Member
    @sonja
    Join Date: 2004
    Post Count: 338

    I believe that some areas of Forbes are flood prone. Not sure what parts but something to perhaps ask a local.

    Cheers
    Sonja

    Profile photo of CeliviaCelivia
    Participant
    @celivia
    Join Date: 2003
    Post Count: 886

    Yes, there are some flood zones!
    If you ring the Forbes council, they can be very helpful in telling you whether the area you want to buy in is safe or not.

    Celivia

    Profile photo of AjaxAjax
    Participant
    @ajax
    Join Date: 2004
    Post Count: 60

    diwilson,

    I have been in Forbes during a large flood (when I was a kid).Some areas of the town were under water (though not the main streets which are higher up). Where the swimming pool and park is was a raging torrent of water which had moved 2 residential blocks up Battey Street flooding some houses.

    I walked out on the railway line from where the train station is. The water was about a foot below the train tracks (the tracks are raised above the surrounding low lying land by about 6-8 feet). A guy was rowing a boat across to the roof of his house. He beached the boat on the roof and collected the chickens that were stranded there. Will always remember that.

    I see houses are quite cheap here. The town would be heavily affected by the fortunes of the surrounding farming community (whether there had been good rain for crops in recent seasons etc). It’s a big wheat area. Also sheep and cattle. The town has other drivers (I think it still benefits from Victoria to Queensland travellers on the Newell highway who stay overnight). Its got a heap of old pubs (22 or 23).It used to be a gold mining area, and there are still companies exploring for gold in surrounding areas.

    Ajax

Viewing 6 posts - 1 through 6 (of 6 total)

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