Unit 1, 56 HEAD STREET Forster NSW 2428
This property is Off Market
- The Average property price in this area is $860,317, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.18 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 4/24/2024 4 MIRITA PL $870,000
- 4/24/2024 10 BERNHARDT CL $1,000,000
- 4/24/2024 7 GODWIN ST $677,500
- 4/24/2024 62 GOLDENS RD $605,000
- 4/24/2024 18 SURFVIEW AVE $865,000
About Forster
With an average age of 53, households expect an average monthly mortgage payment of $1,478 or a weekly rent payment of $290. The average family earns a weekly income of $1,277 with a typical household size of 1.9 and a 97.5% employment rate.
In Forster there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Forster is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Forster leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Forster we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Forster a better buying opportunity than it may have been in the past.
General Points of Interest
Tuncurry Plaza Shopping Centre
Tuncurry Splash Park
Stockland Forster
Ocean Baths
Forster Tuncurry Golf Course
Great Lakes Aquatic Leisure Centre
Great Lakes Squash Centre
Lakeside Baths
Tuncurry Golf Course
Cape Hawke Lookout
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 1975 asthma sufferers and 1276 people living with diabetes. In addition, 1301 people have a heart/vascular condition and 1832 people live with three or more chronic diseases.A good place to invest in property?
Forster a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
04 / 100
31 / 100
Industry
11 / 100
22 / 100
Population
10 / 100
19 / 100
House Prices
44 / 100
60 / 100
Jobs
13 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsGLC Forster GLC Snr C Forster PS
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Coolongolook Public School
Coolongolook, NSW, 2423 State K-6 -
Great Lakes College Tuncurry Campus
Tuncurry, NSW, 2428 State 7-10 -
Holy Name Primary School
Forster, NSW, 2428 Independent K-6 -
Great Lakes College Forster Campus
Forster, NSW, 2428 State 7-10 -
Tuncurry Public School
Tuncurry, NSW, 2428 State K-6 -
Forster Public School
Forster, NSW, 2428 State K-6
Property Story
Unit 1, 56 Head Street, Forster, Nsw, 2428 is a residential property . The estimated distance to the sea is only 0.18km and 0.42KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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