106 Lowanna Ave, Forresters Beach is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1984. The property has a land size of 563m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in June 2016.
Positioned on a generous corner block in a tightly held coastal enclave, this well-maintained dual occupancy property presents an exceptional opportunity for investors seeking strong returns, flexibility and long-term growth.
Comprising two fully self-contained residences, both currently tenanted, this is a genuine set-and-forget investment in one of the Central Coast's most desirable lifestyle locations.
Unit 2 (Upper Level) enjoys elevated leafy outlooks and captures beautiful natural light throughout. The spacious open-plan living area flows to a wide wraparound balcony, ideal for relaxed coastal living. Timber floors, a functional kitchen with breakfast bar, generous bedrooms and a full bathroom create a comfortable, appealing space for quality tenants.
Unit 1 (Lower Level) offers its own private entry and spacious layout, complete with open living and dining, modern kitchen, large bedroom and bathroom. Neutral interiors and tiled flooring make for easy-care living and strong rental appeal.
Outside, the property benefits from a substantial backyard, established gardens and excellent street presence. The corner position enhances privacy and accessibility for both dwellings.
Located just minutes to Forresters Beach shopping, Terrigal, local schools, cafes and Bateau Bay Square, the lifestyle credentials here are undeniable, and so is the rental demand.
Whether you're looking to:
Expand your portfolio with dual income
Live in one and lease the other in the future
Secure a landholding with flexibility in a premium coastal suburb
This is an opportunity that delivers both immediate return and long-term upside.
Currently tenanted unit 2 $445 per week, unit 1 leased till June 2026 at $440 per week
Please note: we estimate that unit 1 could be leased at $500-$525 per week and unit 2 could be leased at $650 per week.
The size of Forresters Beach is approximately 2.8 square kilometres. There are 8 parks, covering nearly 37.1% of the total area. The population of Forresters Beach in 2016 was 2900 people. By 2021 the population was 3354 showing a population growth of 15.7% in the area during that time. The predominant age group in Forresters Beach is 40-49 years. Households in Forresters Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Forresters Beach work in a professional occupation.In 2021, 71.80% of the homes in Forresters Beach were owner-occupied compared with 73.30% in 2016.
Forresters Beach has 1,589 properties. Over the last 5 years, Houses in Forresters Beach have seen a 17.07% increase in median value, while Units have seen a -21.31% decrease. As at 31 July 2026:
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