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.
$1,090,000–$1,125,000
For sale
Asking range
2
Bedrooms
1
Bathrooms
1
Car spaces
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
$1,090,000–$1,125,000
Asking range
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
+23.9%
Median sale
Suburb $880,000
-0.65 pp
Gross yield
Suburb 3.35%
Suburb median $880,000 from 86 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$47,329 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.
Based on the low end of the asking range, not a contract price.
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 2.7%. 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 two bedroom apartment positioned opposite Wallis Lake
** Spacious open plan living and dining with balconies and water views
** Contemporary kitchen with dishwasher, good storage and bench space
** Two generous bedrooms with built-ins; both with rear balcony access
** Contemporary bathroom, ample storage, air conditioning and internal laundry
** Secure basement garage, elevator access and well-maintained complex
Positioned directly opposite Wallis Lake and enjoying lovely water views, this modern top floor two bedroom apartment offers an easy-care lifestyle in an exceptionally convenient Forster location. Set within a well-maintained complex, it presents an ideal option for downsizers, investors, holiday makers or those seeking a low-maintenance coastal base close to everything.
The spacious open plan living and dining area forms the heart of the home, offering plenty of room to relax or entertain. This light-filled space flows directly to the front balcony, where water views provide a lovely backdrop to everyday living. Adding to its appeal, this apartment is the only one in the complex to feature a full-length retractable awning on the front balcony, offering added comfort and flexibility for outdoor enjoyment. Comfort inside is equally well catered for with two ceiling fans and a split system air conditioner servicing the living area.
Centrally positioned, the modern kitchen is both stylish and practical, complete with quality appliances including a dishwasher, good storage and ample bench space. Its connection to the living and dining area makes for easy day-to-day living while still allowing the outlook and indoor-outdoor flow to remain key features of the home.
Accommodation consists of two large bedrooms, both complete with built-in robes. As a unique feature, both bedrooms offer direct access to the rear balcony, enhancing the home's functionality, natural light and indoor-outdoor appeal. Both bedrooms also include ceiling fans, while the main bedroom is further enhanced by its own split system air conditioner.
The rear balcony itself is another unique feature of the property. This apartment is the only one to offer a fixed aluminium awning over the rear balcony, complete with skylights, along with a fixed side panel that provides both weather protection and added privacy from the neighbouring unit. Together, these thoughtful additions enhance the apartment's liveability and create a more usable outdoor space year-round.
Back inside, the bathroom is neat and modern, featuring a separate shower, bathtub, vanity and toilet. Additional features include air conditioning, excellent storage, an internal laundry, secure basement garaging and elevator access for everyday convenience.
Located close to Wallis Lake, cafes, restaurants, shops, the CBD and local amenities, this is a superb opportunity to secure a modern apartment with water views, quality inclusions and several unique features that set it apart from others in the complex.
For further information, contact exclusive listing agent Darren Peeters and the team at First National on 02 6554 5011.
Additional Information (subject to change):
Council Rates - $3,148.00 per annum
Strata Levies - $1,430.65 per Quarter
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 Darren Peeters, First National Real Estate Forster-Tuncurry — reproduced as published, not verified by Districts.
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