Forster has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.31% to date .
Comparing Forster,2428 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Forster should be aiming for at least -4.55% off the asking price, which is the average vendor discount being achieved at the moment.
If you compare the increase in value of investment property in Forster, 2428 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 0.48%.
Over the longer term, Forster has seen property prices show investors a 17.44% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Forster are currently offering property investors an average price cut of -3.88% below the asking price at the moment.
With the median price for a house in Forster being $316500 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 4.60%