At number 690th in the list of Australian suburbs ordered by increase in median house value over the last year, Forster, 2428 is in the top 20% with a property value increase of 17.39% recorded in median house prices.
Across a shorter period, Forster, 2428 has seen a median price increase of 2.86% over the last quarter.
Sellers are offering property buyers an average discount of -4.99% to buyers in Forster at the moment, which is less than average for the rest of NSW.
At number 980 in a list of fastest selling suburbs, Forster is in the bottom 20% of suburbs in Australia with an average of days on market 97.63 for properties listed there.
Using the current median advertised rental of $417.5 and the average annual increase in value of a median property of 4.83%, investors should hope to achieve an overall return of 4.02%
NSW has seen average median house prices change by 8.39% which means that Forster, 2428 has done well for property investors by showing a capital gain of 8.01% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Forster comes in at number 249th in NSW.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.11% offered to property buyers. Sellers in Forster itself are offering an average vendor discount of -3.65% to real estate investors.
On average over the past year, suburb has had 20.92 sales per month, which equates to 251 per year.