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.
$980,000
For sale
Asking
2
Bedrooms
2
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
$980,000
Asking
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
+11.4%
Median sale
Suburb $880,000
-0.34 pp
Gross yield
Suburb 3.35%
Suburb median $880,000 from 86 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$42,379 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 3.0%. 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 Pacific Coast Property NetworkSet on the fifth floor of The Shores, 501/39 Head Street is all about location, water and flexibility. With Forster's coastline on one side, Wallis Lake nearby and the town centre within easy walking distance, this is an apartment that works equally well as a permanent home, coastal escape or investment.
The elevated position gives the apartment a wonderful connection to its surroundings. Large expanses of glass bring natural light into the open-plan living, dining and kitchen area, while the extensive wraparound balconies provide different outlooks across Forster, with ocean and water views appearing from several points around the apartment.
With approximately 80m² of internal living complemented by around 70m² of balcony space, there is far more outdoor room than you might expect from an apartment. There is space to dine outside, stretch out with a book, enjoy an afternoon drink or simply follow the sun and breeze around the building.
Inside, the kitchen sits at the centre of the living space with generous bench space and storage, while the adjoining dining and lounge areas open directly onto the balcony. Air conditioning adds year-round comfort.
Both bedrooms are generous and include built-in wardrobes and direct balcony access. The main bedroom enjoys its own ensuite and broad outlook, while the second bathroom incorporates the laundry, keeping the layout practical and uncluttered.
Then there is the location.
Step outside and you are positioned between some of the best parts of Forster. Main Beach, the ocean baths, Wallis Lake, cafés, restaurants, shops and the town centre are all close by, making it easy to leave the car at home and enjoy the area on foot.
For an owner-occupier, it offers low-maintenance living without giving up space or outdoor areas. For an investor, the combination of two bedrooms, two bathrooms, parking and a central location provides broad permanent rental appeal. For those looking for a holiday property, the proximity to the beach, lake and town creates exactly the type of easy coastal base visitors look for, subject to applicable strata and short-term letting requirements.
Property highlights include:
• Fifth-floor position in The Shores
• Two generous bedrooms with built-in wardrobes
• Main bedroom with ensuite
• Two bathrooms
• Open-plan kitchen, dining and living
• Approximately 80m² of internal living
• Approximately 70m² of wraparound balcony space
• Ocean, water and district outlooks
• Balcony access from both bedrooms and living areas
• Air conditioning
• Internal laundry facilities
• One car space
• Easy walking access to Main Beach, Wallis Lake, cafés, restaurants and Forster town centre
• Excellent versatility for owner-occupiers, permanent rental investors or those seeking a coastal holiday base
501/39 Head Street offers one of Forster's great lifestyle advantages - the ability to enjoy the beach, lake and town without having to choose between them.
Listing description written by Alan Greenland, Pacific Coast Property Network — reproduced as published, not verified by Districts.