Forster has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 4.21% to date .
Taking the average capital gain, or increase in median house value, Forster,2428 has racked up an average of 4.21% over the period. This ranks it number 1369th in the whole country for real estate investors looking at median house price increases.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.35% offered to property buyers. Sellers in Forster itself are offering an average vendor discount of -4.84% to real estate investors.
Renters in Suburb are facing rents around $5040 per annum or $420 every week.
Over the last year, property investments in Forster, 2428 have given investors a capital gain of 20.93%. This compares very favourably with the 6.96% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Forster has increased when compared to the 5 year average annual rate.
Forster2428 is located in NSW which offers an average discount of -4.23% to property investors. Forster itself is showing figures that indicate -4.10% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 19.42 sales per month, which equates to 233 per year.