38 Head StreetForster NSW 2428
Property Details for 38 Head St, Forster
Last Listing description (September 2017)
Rare opportunity has arisen to purchase the freehold of this property that would be perfect for future development. Forster needs new high rise apartments as we have local people wanting to move from their homes into a unit.
The location of this property also lends itself to being sold to holiday makers as it is within a short walk to Wharf Street shops, Wallis Lake, Main Beach & Pebbly Beach.
The motel consists of 21 rooms over two levels with residence & office plus a small indoor/outdoor dining area. Ample car parking with main street frontage & laneway access, the block is approximately 2031 sqm.
If you are a developer and love the coast this is the site for you. Priced at $3,000,000. Vendor finance available.
If you are interested in this property please contact Karen Hoswell on 0408 078 606 or 02 6554 8717
Property History for 38 Head St, Forster, NSW 2428
- 23 Nov 2017Sold for $2,500,000
- 22 Apr 2017Listed for Sale Not Disclosed
- 08 Jun 2016Sold
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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 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 10,469 properties. Over the last 5 years, Houses in Forster have seen a 42.21% increase in median value, while Units have seen a 44.36% increase. As at 30 April 2026:
- The median value for Houses in Forster is $908,780 while the median value for Units is $663,840.
- Houses have a median rent of $660 while Units have a median rent of $465.
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