Over the last year, property investments in Forster, 2428 have given investors a capital gain of 4.26%. This compares badly with the 9.05% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Forster,2428 has racked up an average of 4.26% over the period. This ranks it number 1474th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Forster should be aiming for at least -4.74% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Forster the average time real estate has been on the market is 99.25 days.
Property investors should expect to get $420 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Forster, 2428 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 19.05%.
The five-year average increase in median property values for Forster,2428 has given property investors a potential capital gain of 32.74% across each of those five years.
Forster2428 is located in NSW which offers an average discount of -4.26% to property investors. Forster itself is showing figures that indicate -4.33% is the average achievable by property buyers investing in the suburb.
Forster is 291th on a list of best yielding suburbs for rents in NSW with a 4.02% return