Forster at a glance
14,522
People
$880,000
Median sale
$567/wk
Median rent
3.35%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
NSW › Forster › Elizabeth St
$1,025,000
For sale
Asking
5
Bedrooms
2
Bathrooms
4
Car spaces
714.5 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,025,000
Asking · $1,435/m² of land
No recorded sale for this property.
Forster at a glance
14,522
People
$880,000
Median sale
$567/wk
Median rent
3.35%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Vs Forster
+16.5%
Median sale
Suburb $880,000
-0.47 pp
Gross yield
Suburb 3.35%
Suburb median $880,000 from 86 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$44,404 on top of the price (4.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Forster's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $567/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Forster at a glance
14,522
People
$880,000
Median sale
$567/wk
Median rent
3.35%
Suburb gross yield
Median sale from 86 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate Forster-Tuncurry** Dual occupancy opportunity with a 3 bedroom front house and separate 2 bedroom residence
** Front residence offers generous living, dining, family space and a tidy central kitchen
** Rear residence features two bedrooms, open living, kitchen/dining & private bathroom
** Double garage plus separate single garage, central patio and handy rear lane access
** Level 714sqm block with excellent dual income or extended family potential
** Central Forster address within walking distance of beaches, shops, clubs, lake and more
Two homes. One title. Right in the heart of Forster.
Set on a level 714sqm allotment in one of Forster's most convenient locations, this versatile property presents two genuine self-contained residences with separate entrances and independent vehicle access.
This is not simply a home with a flat positioned at the rear. The front residence is accessed from Elizabeth Street while the rear residence and substantial garaging are privately accessed via the rear lane. This separation creates outstanding flexibility for investors, extended families, multi-generational households or buyers seeking a home with an additional rental opportunity.
The front residence is a well-maintained three bedroom home offering a generous and practical floorplan. Separate living, dining and family rooms provide plenty of space while the sunny north-facing rear aspect fills the main living areas with natural light.
A centrally positioned kitchen connects the living spaces while a full bathroom, separate toilet and internal laundry complete the functional layout. Original yet tidy throughout, the home is immediately comfortable with excellent scope to modernise or create a more open-plan northern living area in the future.
Privately positioned at the rear, the second residence provides genuine independent accommodation. It features two bedrooms, open-plan living, its own kitchen and dining area, bathroom and separate toilet. Ideal for extended family, guests or an additional rental income stream, it adds significant value and versatility to the overall property.
Vehicle accommodation is another major highlight and exceptionally rare in such a central location. A substantial double garage is complemented by a drive-through single garage which allows direct access between the rear lane and side driveway. This practical configuration is ideal for securely storing boats, caravans, trailers or multiple vehicles.
A central patio separates the two residences while the level grounds offer an easy-care outdoor environment with minimal maintenance required.
Located within easy walking distance of shops, cafés, clubs, medical facilities, the town centre and the Wallis Lake foreshore, the property is also only a 10 minute walk from Pebbly Beach, Main Beach and picturesque coastal nature walks. This is a tightly held position where everyday convenience is difficult to match.
Original but tidy, packed with potential and offering two independent residences on one title, this is an increasingly rare opportunity in central Forster.
For more information, contact exclusive listing agent Broc Buderus and the sales team on 02 6554 5011. Be quick, this one won't last long.
Additional Information (subject to change):
Council Rates - $4,360 per annum
DISCLAIMER: The information contained in this advertisement has been obtained from sources deemed reliable. However, we do not guarantee its accuracy and recommend that interested parties carry out their own investigations.
Listing description written by Broc Buderus, First National Real Estate Forster-Tuncurry — reproduced as published, not verified by Districts.