Investment property in Forster has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.94%
Comparing Forster,2428 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Forster is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 757th in terms of most discounted suburbs in NSW
At number 2772 in a list of fastest selling suburbs, Forster is in the bottom 30% of suburbs in Australia with an average of days on market 104.37 for properties listed there.
The NSW suburb of Forster, 2428 is in the Great Lakes local government area.
Over the last year, property investments in Forster, 2428 have given investors a capital gain of 9.68%. This compares favourably with the 6.59% for NSW as a whole.
Forster,2428 was ranked 173 in Australia by increase in median property value over the quarter.
Vendor discounting in Forster is giving property investors an average Vendor Discount of around -4.05%. This puts suburb at number 273th in NSW when ranking the most discounted suburbs.
With the median price for a house in Forster being $340000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 4.28%