Suburb Profile Report for Forresters Beach NSW (2260)

Forresters Beach House: Median price $855,000, Annual capital growth 7.30%, Number of sales 54, Weekly median advertised rent $520

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Forresters Beach has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 20.85% to date .

Across a shorter period, Forresters Beach, 2260 has seen a median price increase of 5.23% over the last quarter.

Vendor discounting in Forresters Beach is giving property investors an average Vendor Discount of around -6.39%. This puts suburb at number 311th in NSW when ranking the most discounted suburbs.

Using the current median advertised rental of $520 and the average annual increase in value of a median property of 7.30%, investors should hope to achieve an overall return of 3.16%

Metrics i HOUSE UNIT
$855,000 N/A
5.23% N/A
20.85% N/A
7.30% N/A
$520 N/A
54 N/A
3.16% N/A
67.66 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 2496
Median household income ($/weekly) 1471
Median age of persons 39
Median housing loan repayment ($/monthly) 2080
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 347 13.9
    25-34 years 288 11.5
    35-44 years 331 13.3
    45-54 years 393 15.7
    55-64 years 315 12.6
    Others 822 32.9
    Age Group
    Census Count Percent(%)
    Registered Married 1017 55.6
    Not Married 652 35.6
    Defacto Relationship 161 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2093 87.5
    Greece 19 0.8
    Papua New Guinea 42 1.8
    United Kingdom 115 4.8
    Other 42 1.8
    Others 80 3.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 1.0
    Christianity 1720 74.5
    Hinduism 8 0.3
    Judaism 9 0.4
    No Religion 544 23.5
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 69 8.9
    $1,000-$1,249 74 9.6
    $1,500-$1,999 123 15.9
    $2,000-$2,499 97 12.5
    $2,500-$2,999 75 9.7
    Others 336 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 734 38.9
    Not in the labour force 575 30.5
    Employed, worked part-time 433 22.9
    Employed, away from work 81 4.3
    Unemployed, looking for work 65 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 159 12.7
    Professionals 307 24.6
    Technicians & trades workers 198 15.8
    Community & personal service workers 149 11.9
    Clerical & administrative workers 159 12.7
    Others 278 22.2
    Occupation
    Census Count Percent(%)
    Pre-school 66 10.2
    Infants/Primary 211 32.6
    Secondary 208 32.1
    Technical or Further Educational Institution 56 8.7
    University or other Tertiary Institutions 91 14.1
    Others 15 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2268 95.2
    Semi-detached, row or terrace house, townhouse 81 3.4
    Flat, unit or apartment 34 1.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 386 44.9
    Fully owned 284 33.0
    Rented 182 21.2
    Other tenure type 8 0.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals