SOLD
Sold on 01 Jul 2024 for $650,000

7/56 The Lakes Way
Forster NSW 2428

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 134m2
Land area: 3828m2
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Property Details for 7/56 The Lakes Way, Forster

7/56 The Lakes Way, Forster is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 3828m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Forster in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
134m2
Land Size
3828m2
Local Government
Mid-Coast
Lot/Plan
7/SP72894

Property History for 7/56 The Lakes Way, Forster, NSW 2428

A timeline of how this property has performed in the market
Last Sold
$650,000
01 Jul 2024
  • 01 Jul 2024
    Sold for $650,000
  • 08 Jun 2007
    Sold for $326,000

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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 10,325 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 161 properties listed for sale, and 18 properties listed for rent in Forster on OnTheHouse. According to CoreLogic's data, 427 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.