OFF MARKET

68 The Lakes Way
Forster NSW 2428

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 402m2
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Property Details for 68 The Lakes Way, Forster

68 The Lakes Way, Forster is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 402m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Year Built
1960
Land Size
402m2
Local Government
Mid-Coast
Lot/Plan
15/DP20891

Last Listing description (August 2020)

3 bedroom home and possible 1 bedroom flat set on a level block close to Stockland Shopping Centre.
Solid bones ready for the astute investor or owner occupier.

Central Forster location.
This fantastic entry level property has all you could want for your first home. Upon entering the property, you have a large lounge room and separate dining area big enough for the whole family. Featuring 3 good sized bedrooms. The fully-equipped kitchen is in a great position at the front of the house and has ample space. The bathroom is dated but functional and would be an ideal shell for a renovation. To the rear of the property there is a large bed sit that could also do with an update and would return well or be suitable as a teenager's retreat or for an elderly parent. Consider using the larger part of the home and letting the rear of the property for holiday rentals for a strong return.
There is also an undercover parking spot and a decent sized yard surrounding the home. Nestled in a prime Forster location, everything you'll ever need is at your doorstep; close to Stockland Shopping Centre and all the amenities available in the township. This is an amazing opportunity to secure an entry level home in a sought-after location. Call David Hochkins now on 0437 546 302 to arrange an inspection.

Property History for 68 The Lakes Way, Forster, NSW 2428

A timeline of how this property has performed in the market
Last Sold
$350,000
19 Jun 2020
  • 04 Aug 2020
    Listed for Sale Sold
  • 19 Jun 2020
    Sold for $350,000
  • 29 May 2020
    Listed for Sale $375,000

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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 10,315 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 173 properties listed for sale, and 19 properties listed for rent in Forster on OnTheHouse. According to CoreLogic's data, 430 properties were sold in the past 12 months in Forster.

Suburb Insights for Forster 2428

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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.