57/12-16 Wallis StreetForster NSW 2428
Property Details for 57/12-16 Wallis St, Forster
Last Listing description (July 2023)
* First floor commercial freehold in Forster Towers
* Situated in the heart of Forster within Forster Towers, a renowned commercial precinct in a growing market known for its strong business center.
* With a long-term tenant and high demand for commercial premises in the area, this property offers a reliable and promising long-term investment opportunity with continued yield potential.
* For added convenience there is a kitchentte & his and hers toilet
* GST may be applicable
* Option to purchase lot 57 & lot 58 together
Please contact Torge Struwe on 0490 401 410 if you have further questions, or to arrange a private inspection.
Property History for 57/12-16 Wallis St, Forster, NSW 2428
- 21 Jun 2024Sold for $640,000
- 30 Jun 2023Listed for Sale $690,000
- 10 Sep 2014Sold for $435,000
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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.
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