Investment property in Forster has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.13%
A 45.83% growth in median value for property investors in Forster,2428 puts this suburb at number 229th in terms of best performing suburbs in NSW
Property investors looking for a bargain in Forster should be aiming for at least -4.72% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 311 properties changed hands in Forster, which puts it as the 18th most active market in NSW when comparing the number of sales per suburb.
A $405 per week rent on the median house gives suburb investors a gross yield of circa 4.01%, without taking into account capital value appreciation, which has been averaging out at 4.45%.
With a capital gain of 18.75% for the last 12 months, Forster, 2428 has performed for property investments than its average annual 3.51% property growth over the last 5 years.
Over the longer term, Forster has seen property prices show investors a 28.81% return over the last 3 years. This is worse than over the last 12 months
Forster, 2428 is offering NSW ‘s 230th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
In the last year 241 properties changed hands in Forster, which puts it as the 48th most active market in NSW when comparing the number of sales per suburb.
Forster is 253th on a list of best yielding suburbs for rents in NSW with a 4.11% return