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.
$1,949,000
For sale
Asking
4
Bedrooms
4
Bathrooms
3
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
$1,949,000
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
+121.5%
Median sale
Suburb $880,000
-1.84 pp
Gross yield
Suburb 3.35%
Suburb median $880,000 from 86 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$93,074 on top of the price (4.8% 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 1.5%. 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** Four bedroom, four bathroom penthouse apartment in the heart of Forster
** Open plan living, gourmet chefs kitchen & impressive outdoor living options
** Two bedrooms on entry level, both with balcony access; one with ensuite
** Upper level with master bedroom, second bedroom plus study/retreat
** Three car-spaces (one space caged) in secure garage; resort-style complex with pool & BBQ area
** Unbeatable location, level stroll to Forster CBD, Main Beach & Wallis Lake
Elevating your coastal living experience, this Crest Penthouse apartment delivers unrivalled luxury, comfort and craftsmanship while being conveniently close to Forster's vibrant CBD. Just moments from the aqua waters of Wallis Lake, this four bedroom, four bathroom residence captures breathtaking lake and ocean views to enjoy while entertaining in pure style or simply relaxing in your own private haven.
Upon entry, light-filled interiors reveal a spacious open-plan design finished with new consistent flooring and fresh paintwork throughout. Expansive use of glass ensures sun and sweeping views from every angle. The heart of the home is the gourmet kitchen is appointed with an induction cooktop, under-bench oven, double-drawer dishwasher, stone benchtops and abundant storage – perfect for the entertainer or home chef.
The entry level features two generous bedrooms with built-in wardrobes, both opening onto the wraparound balcony. One bedroom includes a private ensuite, while the other is serviced by the main family bathroom. An updated European style laundry and ample storage complete this level, while the covered patio, fitted with external blinds, provides an enviable all-weather alfresco area.
Upstairs, the penthouse retreat impresses with a fully enclosed master bedroom ensuring privacy and preventing light and noise travel up the stairs. The master suite includes a walk-in wardrobe, additional built-in storage, and a private ensuite. This level also accommodates a fourth bedroom, versatile study/retreat, and a spa-inspired bathroom enhanced with convenient built-in cupboards. A wide balcony extends the living space with panoramic views across the lake, ocean and CBD.
To complete this residence, there is ducted air-conditioning, remote-controlled blinds throughout, three secure car spaces, one of which is caged with remote door, and a personal storeroom in the basement garage. The Crest complex offers impeccably maintained grounds with a resort-style pool and communal BBQ areas, all within easy reach of beaches, cafes, restaurants and coastal walks.
Contact exclusive listing agent Broc Buderus and the team at First National Real Estate Forster-Tuncurry today on 02 6554 5011 to arrange your inspection and experience this rare coastal lifestyle opportunity.
Additional Information (subject to change):
Council Rates & Water Access Charge - $3,204.12 per annum
Strata Levies - $3,187.50 per Quarter (10% discount applicable if paid by due date)
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.