22-24 Helen StreetForster NSW 2428
Property Details for 22-24 Helen St, Forster
Last Listing description (June 2026)
Australian Prime Realtor is pleased to present this rare opportunity to acquire a rare freehold DA
Approved site of approx. 1000m2 of prime land, in the highly sought-after coastal destination of
Forster, renowned for its relaxed lifestyle, pristine beaches, and strong appeal to both holidaymakers and permanent residents.
Positioned within close proximity to the town centre, local amenities, and the lake, the property
benefits from its prime beachside location in one of the Mid North Coast's most desirable lifestyle
markets. Forster continues to experience consistent demand driven by tourism, population growth,
and increasing interest in regional coastal living.
The property currently comprises a fully leased block of six residential units, achieving a 100%
occupancy rate and providing a secure and immediate income stream. This strong holding income
offers investors the benefit of an attractive return from day one, while planning and executing the
approved redevelopment.
Key Highlights
• Expansive 1,005m² site with prime exposure on Helen Street
• Development Approval for 14 premium apartments
• Zoning: R3 Residential - allowing for multiple outcomes including holiday accommodation and permanent occupancy
• Strategic location just moments to pristine beaches, dining, retail and lifestyle amenities
• High-demand market with sustained population growth with strong investor and owner-occupier appeal
The combination of stable in-place revenue and DA-approved future potential positions the asset
as a highly compelling investment, delivering both short-term income security and long-term value
creation.
For further information or to arrange an inspection, please contact agent.
Principal Interest.
Hannah Aria
0406 217 777
Australian Prime Realtor
Property History for 22-24 Helen St, Forster, NSW 2428
- 19 Mar 2026Listed for Sale Development Ready with $100k+ ROI
- 06 Jul 2021Sold for $1,125,000
- 01 Apr 2021Listed for Sale $1,300,000
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0About Forster 2428
The size of Forster is approximately 32.6 square kilometres. There are 44 parks, covering nearly 44.3% of the total area. The population of Forster in 2016 was 13740 people. By 2021 the population was 14187 showing a population growth of 3.2% in the area during that time. The predominant age group in Forster is 70-79 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 2021, 68.20% of the homes in Forster were owner-occupied compared with 66.80% in 2016.
Forster has 10,474 properties. Over the last 5 years, Houses in Forster have seen a 38.30% increase in median value, while Units have seen a 37.84% increase. As at 31 May 2026:
- The median value for Houses in Forster is $913,191 while the median value for Units is $674,605.
- Houses have a median rent of $680 while Units have a median rent of $470.
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