Forbes, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Forbes
VICCensus 2021 · Population 160
Forbes, VIC is a small rural community with a total population of 160 people. The median age is 49, which is significantly higher than the Victorian average of 38, indicating a mature population. The suburb has a balanced gender distribution with 53.1% male and 46.9% female residents. The majority of families in Forbes are couples with children, making up 60% of the family structure, while couples without children account for 32.5%. Single-person households are less common, comprising 28.8% of the population.
Key Highlights
- High rate of home ownership - 36.8% own outright, 36.8% with a mortgage
- Above average median personal weekly income of $782
- 100% of housing is separate houses
- Significant proportion of the population works in managerial roles (23.7%)
- Low rental market presence with only 12.3% rented properties
Things to Consider
- Limited diversity with 82.9% born in Australia
- Higher median age may not appeal to younger demographics
- No public transport data available, reliance on cars
- Lower educational attainment with only 11% holding a bachelor's degree
- Potential health concerns with 12.7% of residents having asthma
What's it like living here?
Daily life in Forbes is characterized by a strong sense of community, with many residents working locally or from home. The work-from-home rate is 26.3%, slightly higher than the Victorian average of 25.7%. Commuting by car is the primary mode of transport for 53.9% of the population, reflecting the rural setting of the suburb. The community is predominantly English-speaking, with 91.8% of residents speaking only English at home.