FOR SALE
$1,195,000

19 Douglas Avenue
Forster NSW 2428

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1109m2
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Development Opportunity in Prime Forster Location

Property Location:
Situated at 19 Douglas Avenue, Forster NSW 2428, this prime development site is just a short walk away from the picturesque Wallis Lake, offering residents the charm of coastal living with waterfront restaurants and swimming close by
Property Size and Dimensions:
Boasting an expansive level land area of 1,109m2, the property offers numerous opportunities due to the size of the parcel of land on offer.
Currently, the property includes a house with two separate units with one under lease.
Zoning and Land Use:
The property is strategically zoned as R3 Medium Density Residential. This zoning presents a world of possibilities for those with development aspirations, aligning with medium-density residential projects, subject to local planning guidelines and regulations.
Development Potential:
The development potential for this site is significant, offering the chance to create a multi-unit residential complex or explore other medium-density residential opportunities.
Surrounding Area:
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Property Details for 19 Douglas Ave, Forster

19 Douglas Ave, Forster is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1109m2. The place is currently for sale with Pacific Coast Property Network.

Building Type
House
Land Size
1109m2

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About Forster 2428

The size of Forster is approximately 32.6 square kilometres. It has 44 parks covering nearly 44.3% of total area. The population of Forster in 2011 was 13,117 people. By 2016 the population was 13,749 showing a population growth of 4.8% in the area during that time. The predominant age group in Forster is 60-69 years. Households in Forster are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forster work in a professional occupation. In 2011, 67.1% of the homes in Forster were owner-occupied compared with 66.8% in 2016.

Forster has 10,314 properties. Over the last 5 years, Houses in Forster have seen a 64.74% increase in median value, while Units have seen a 63.16% increase. As at 30 September 2024:

  • The median value for Houses in Forster is $871,415 while the median value for Units is $611,144.
  • Houses have a median rent of $600 while Units have a median rent of $440.
There are currently 174 properties listed for sale, and 17 properties listed for rent in Forster on OnTheHouse. According to CoreLogic's data, 430 properties were sold in the past 12 months in Forster.

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Rod Manning
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Pacific Coast Property Network
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