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Sold on 24 Apr 2024 for $660,000

48 South Street
Forster NSW 2428

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 556m2
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Property Details for 48 South St, Forster

48 South St, Forster is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 556m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Forster in the last 12 months.

Building Type
House
Land Size
556m2
Local Government
Mid-Coast
Lot/Plan
36/DP538536

Last Listing description (April 2024)

Embrace the opportunity of a rewarding project with this promising property. This neat, solid and well-founded brick-and-tile home is your canvas for transformation, on 557sqm of magnificent, elevated land in a quiet and private location - just minutes away from Forster CBD and surrounding areas.

The building/framework stands proudly with meticulous construction, and the house itself is built to last, with solid double brick and an open plan layout, setting the stage for an easy renovation project. After years on the rental market, this is your opportunity to secure this gem. With a funky style from yesteryear, you may choose to give it a makeover, but with such strong foundations you cannot fail - renovate or restore, expand or extend. All the ingredients are there to create the home of your choice.

The large trapezoid block is zoned R2 and has endless possibilities under State and Council redevelopment options including attached, semi-detached, detached/granny flat, duplex and even a small villa/townhouse complex - all STCA.

Step onto the balcony and immerse yourself in the breathtaking panorama of picturesque Forster with tranquil water views. Picture enjoying your morning coffee or entertaining friends with expansive views providing the perfect backdrop!

Features include:
- Beautiful views of the water
- Remarkable possibilities on an excellent north facing block
- Retain, renovate, or redevelop!
- The home features 3 bedrooms, three bathrooms and a double garage with plenty of off-street parking
- Additional kitchenette and generous rumpus
- Balconies to the front and rear with lake and ocean views
- Fully fenced enclosed backyard
- Situated within walking distance to schools, shops, transport and local parks and beaches

Call 6554 7666 to talk to our sales team or arrange an inspection today.

Property History for 48 South St, Forster, NSW 2428

A timeline of how this property has performed in the market
Last Sold
$660,000
24 Apr 2024
Listed for Rent
$400/w
26 Jun 2019
  • 22 Apr 2024
    Sold for $660,000
  • 12 Jan 2024
    Listed for Sale $660,000
  • 24 Jun 2019
    Listed for Rent - Price not available
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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 10,329 properties. Over the last 5 years, Houses in Forster have seen a 47.93% increase in median value, while Units have seen a 53.05% increase. As at 31 October 2024:

  • The median value for Houses in Forster is $849,805 while the median value for Units is $581,476.
  • Houses have a median rent of $620 while Units have a median rent of $445.
There are currently 164 properties listed for sale, and 17 properties listed for rent in Forster on OnTheHouse. According to CoreLogic's data, 437 properties were sold in the past 12 months in Forster.

Suburb Insights for Forster 2428

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Contact agent
Grady O'Neill
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Ray White Forster Tuncurry
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.