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.
$1,199,000
For sale
Asking
4
Bedrooms
2
Bathrooms
2
Car spaces
537.5 m²
Land
Districts View
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
$1,199,000
Asking · $2,231/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
+36.3%
Median sale
Suburb $880,000
-0.89 pp
Gross yield
Suburb 3.35%
Suburb median $880,000 from 86 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$52,234 on top of the price (4.4% 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 2.5%. 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** Modern four bedroom, two bathroom renovated home
** Spacious living room, open dining area & stylish kitchen
** Four bedrooms with built-in storage; versatile study or sitting area
** Covered alfresco area overlooking the low-maintenance backyard
** Single garage, large separate shed and large internal laundry
** Flexible layout with potential for two separate two-bedroom living zones
** Convenient location close to town, Wallis Lake, shops & amenities
Positioned in a highly convenient Forster location, this beautifully renovated home offers modern family living with space, style and practicality all in one.
Set just moments from town, Wallis Lake and a range of everyday services, the property is perfectly suited to buyers seeking a move-in ready home in a central location.
Inside, the residence has been tastefully updated to deliver a fresh and contemporary feel throughout. The layout is well designed for family living, with a separate living room positioned at the front of the home and a central kitchen and dining area forming the heart of the residence.
The modern kitchen is stylish and functional, offering excellent storage and bench space for everyday cooking and entertaining. Flowing easily from here, the dining area connects through to the covered alfresco, creating a practical indoor-outdoor lifestyle.
Accommodation consists of four well-sized bedrooms while the versatile study could also be used as an additional sitting area, home office or quiet retreat.
The main bathroom services the home well while a second bathroom, separate WC and full laundry add further convenience for busy households.
A notable feature of the home is its adaptable floor plan, which offers the potential to create two separate living zones with two bedrooms in each. This flexibility may appeal to extended families, those seeking greater separation within the home or buyers exploring additional accommodation or rental possibilities, subject to any necessary approvals.
Outside, the property continues to impress with a covered alfresco area, single garage and large separate shed, providing valuable additional space for storage, tools, hobbies or workshop use.
The central location further enhances the property's versatility, making it an appealing option for permanent residents, holidaymakers or investors seeking a property well positioned for either permanent or holiday rental demand.
With its beautifully renovated interiors, flexible layout and convenient position close to the lake, town centre, shops and local amenities, this is a stylish and practical home with broad buyer appeal.
For further information and to arrange a private viewing, contact exclusive listing agent Chris Zamora and the team at First National on 02 6554 5011.
Additional Information (subject to change):
Council Rates - $3,847.39 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 Anthony Naughton, First National Real Estate Forster-Tuncurry — reproduced as published, not verified by Districts.