7 Goldens Road Forster NSW 2428
7 Goldens Road Forster NSW 2428
Corner lot positioning | $774k$790k valuation | Rental yield 5.5%+ | Flood overlay present
This three-bedroom brick and tile house on a 702 square metre corner block represents the type of modest family home that typically appeals to owner-occupiers seeking low-maintenance living in an established neighbourhood setting, as well as to investors targeting steady rental returns in regional markets.
The property’s corner lot configuration provides practical advantages for families and investors alike. The flat 702 square metre block minimises maintenance burden while offering secure fencing and outdoor entertaining space, characteristics that tend to resonate with buyers prioritising convenience over extensive land management. The building itself measures approximately 222 square metres across a single level, suggesting efficient layout and relatively modest upkeep costs compared to larger structures. Council rates sit at $922 per quarter, positioning this property within the lower to mid-range for regional NSW holdings.
Current market valuation ranges between $690,000 and $790,000 depending on the data source, reflecting some variance in how recent comparable sales are being weighted. The property last transacted in 2016, a decade-long holding period that typically indicates either satisfied long-term owners or motivated sellers entering the current market. Rental potential of $580$605 per week translates to gross yields around 3.94.1 percent at the lower valuation estimates, attractive enough to interest portfolio investors but not exceptional by regional standards. The presence of a detected flood overlay warrants careful consideration of insurance implications and long-term climate risk, particularly for buyers with extended investment horizons.
Location within Mid-Coast Council places the property within school catchments for both primary and secondary education, a factor that traditionally supports sustained demand among growing families. The combination of affordable entry point, manageable land area, and proximity to established amenities positions this as a stable holding for either owner-occupiers seeking regional lifestyle transition or investors targeting reliable rental demographics in regional centres.
Detailed Independent Property Report prepared by PropCred Analyst team for 7 Goldens Road Forster NSW 2428
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✓
Execution Risk
!
1
Market Insight
Forster is a major coastal town offering a mix of lifestyle and regional service infrastructure. It attracts retirees, families and holiday-home buyers. Demand is driven by lifestyle and relative affordability. Infrastructure supports a stable population base. Price growth is cyclical but supported over the long term. It remains a key mid-north coast market.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
702m²
Other Properties to Compare in This Area
Property buyers often compare multiple homes in the same local area before making a decision. These nearby property research pages are selected from the same postcode, nearby postcodes, or the same state where required.
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