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AREA REPORTS

Forster

NSW/
Forster

Suburb Profile

Forster - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2428

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $565,000.

The upward trend in home prices in FORSTER, 2428 averaged 7.97% per annum over a 3-year period.

Average weekly rents on listings have reached the $440 mark, reflecting a 4.05% increase in returns based on the current median price in FORSTER.

An average of 25.92 real estate transactions take place per month in FORSTER which translates to 311 per annum.

311 properties were sold in FORSTER in 2016, making it the 662nd most active market in NSW based on total real estate transactions.

FORSTER, 2428 places th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $565,000 $397,500
GROWTH REPORT
Median Quarterly 0% 3.25%
Median 12 month 1.44% 7.58%
Median 3 years 23.9% 24.71%
Median 5 years 48.68% 38.5%
10 years average annual 5.18% 3.28%
Weekly media advert. rent $440 $300
Time on Market 96.6 days 83.6 days
Gross Rental Yield Percent 4.05% 3.92%
demographics (median values)
Total Population
12693
Weekly Household Income
629.4
Household Size
2.20
demographics
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