Over the last year, property investments in Forster, 2428 have given investors a capital gain of 3.78%. This compares badly with the 6.38% for NSW as a whole.
Forster,2428 has offered an average of 3.78% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Forster is offering property investors an average of -5.50. This rate of discount on properties puts Suburb at number 689th in terms of most discounted suburbs in NSW
Situated 222.30km from the CBD, Forster is one of Great Lakes localities in the postcode 2428.
NSW has seen average median house prices change by 5.59% which means that Forster, 2428 has done well for property investors by showing a capital gain of 6.15% over the last year
Taking the average capital gain, or increase in median house value, Forster,2428 has racked up an average of 6.15% over the period. This ranks it number 475th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Forster are currently offering property investors an average price cut of -4.24% below the asking price at the moment.
Renters in Suburb are facing rents around $3360 per annum or $280 every week.