Forster, NSW
FAIR VALUE17,739 sales · 36 years of data · NSW, Australia
Forster, NSW Property Market Overview
Forster, NSW, postcode 2428, is a coastal town located on the Mid North Coast of New South Wales, Australia. While not part of Sydney, it's a popular holiday and retirement destination for Sydneysiders. Our analysis of the Forster property market spans 36 years, encompassing 17,739 recorded sales. The current median property price across all dwelling types in Forster sits at $735,000.
Forster's property landscape features a mix of houses and apartments, with houses currently having a median price of $849,000 and apartments at $640,000. The suburb offers a blend of coastal living and established residential areas, making it attractive to a diverse range of buyers. Its historical growth and location make it a subject of interest for those analysing the NSW property market. The town provides a relaxed lifestyle with access to beaches, Wallis Lake, and a variety of amenities.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Forster
Top streets in Forster, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Wyuna Pl | $1,115,000 |
| 2 | Seaview St | $1,462,500 |
| 3 | Underwood Rd | $1,282,500 |
| 4 | Churchill Rd | $1,302,500 |
... and 332 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Stephen St | $4,331/m² |
| 2 | Riviera St | $3,002/m² |
| 3 | Lake St | $6,027/m² |
| 4 | Iluka Bvd | $2,608/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Lake Vista Cres | +13.6% |
| 2 | Helen St | +10.6% |
| 3 | Hawaii Ave | +9.4% |
| 4 | Burgess Rd | +11.2% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 8 Wills Ct | $693,000 |
| 2 | 50 Head St | $1,082,500 |
| 3 | 4 B Lake St | $880,000 |
| 4 | 7 Beach St | $1,085,000 |
... and 59 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Forster analysis
336 streets and 63 buildings to explore
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Forster at a Glance
Forster, NSW
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Local Amenities
Living in Forster, NSW
Living in Forster offers a relaxed coastal lifestyle with access to beautiful beaches, the expansive Wallis Lake, and a range of amenities. The town centre boasts a selection of shops, cafes, and restaurants, catering to both residents and tourists. For families, Forster Public School and Great Lakes College provide educational options. Parks and recreational areas such as Forster Main Beach and Pebbly Beach offer opportunities for outdoor activities and relaxation.
Forster also provides convenient access to essential services, including medical facilities, supermarkets, and community centres. The presence of Wallis Lake creates a focal point for water-based activities such as boating, fishing, and kayaking. The town's laid-back atmosphere and strong sense of community contribute to its appeal as a desirable place to live.
Who Buys in Forster?
Forster attracts a diverse range of buyers, including families, retirees, and investors. The median house price of $849,000 and the apartment median of $640,000 suggest a market accessible to a range of budgets. The 29.3% strata ownership indicates a strong apartment market appealing to downsizers and investors. The historical growth, with a 10-year CAGR of 6.7%, may attract investors seeking long-term capital appreciation. The coastal lifestyle and community atmosphere also appeal to those seeking a change of pace.
Market Analysis
Currently, the property market in Forster is assessed to be near its long-term trend, indicating fair value. This suggests that property prices in Forster are, on average, aligned with their historical performance and underlying economic factors. This 'fair value' designation reflects a balanced market where demand and supply are relatively in equilibrium.
While the market is considered to be near its long-term trend, it's important to remember that individual property values can still vary significantly based on factors such as location, size, condition, and specific features. Understanding the nuances of the Forster market requires a deeper dive into micro-market trends and individual property characteristics.
Is Forster a Good Investment?
Analysing Forster's property market requires a long-term perspective, given its historical growth patterns. The suburb's 10-year CAGR of 6.7% and full-period CAGR of 5.5% demonstrate its potential for capital appreciation over time. The current cycle position indicates that Forster is near its long-term trend, suggesting a market in equilibrium.
Factors influencing property values in Forster include its coastal location, access to amenities, and the overall demand for housing in the Mid North Coast region. The mix of houses and apartments also contributes to the diversity of the market. While the market is currently assessed to be near its long-term trend, future growth will depend on various economic and demographic factors.
Forster Market Outlook
As of early 2026, the Forster property market is assessed to be near its long-term trend. Recent price trends indicate a stable market, reflecting a balance between supply and demand. While the market is considered to be near its long-term trend, it's important to monitor local economic conditions and demographic shifts that could influence future property values. The overall outlook for Forster remains positive, given its desirable coastal location and established community.
Streets & Location in Forster, NSW
Forster is a coastal town with a diverse range of residential streets. Some of the streets with higher median prices, as indicated by our analysis, include ELOUERA CRES, WYUNA PL, and LIMESTONE CRES. The postcode for Forster is 2428, placing it within the Mid Coast Council region of New South Wales. The suburb's location offers easy access to beaches, Wallis Lake, and other natural attractions. With a total of 336 streets, Forster provides a variety of living environments, from beachfront properties to more established residential areas.
Market Dynamics
Transaction patterns in Forster indicate a reasonably efficient market, with an average settlement timeframe of 47 days. This suggests a streamlined process for property sales in the area. Data on quick-flip percentages is currently not available. The 47-day settlement period reflects a balance between the time required for due diligence and the desire of both buyers and sellers to complete transactions promptly. Further analysis of sales volumes and price movements would provide a more comprehensive understanding of the market's dynamics.
Development & Density
Forster features a mix of housing types, reflecting its evolution as a coastal town. There are 63 apartment buildings in Forster, indicating a moderate level of apartment development. The strata percentage of 29.3% shows that a significant portion of the properties are apartments. This mix of houses and apartments caters to a range of lifestyle preferences and affordability levels. Further development in Forster may impact the housing mix and overall property values.
Growth & Property Mix
Over the long term, Forster's property market has demonstrated consistent growth. The suburb has achieved a 10-year Compound Annual Growth Rate (CAGR) of 6.7%, reflecting solid performance over the past decade. Looking further back, the 20-year CAGR stands at 3.7%, while the full-period CAGR, covering the entire 36 years of data, is 5.5%. These figures highlight the long-term growth trajectory of Forster's property values. The property mix includes a significant proportion of apartments, with strata title properties representing 29.3% of the market.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.