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Forster is a delightful coastal suburb that offers a charming blend of natural beauty and modern conveniences, making it a wonderful place to call home. Known for its serene beaches and crystal-clear waters, Forster provides a relaxed and inviting atmosphere that appeals to both families and individuals seeking a peaceful lifestyle. The suburb boasts a vibrant community spirit, with a variety of cafes, restaurants, and shops that cater to the needs of its residents. Families will appreciate the safe and welcoming environment, as well as the abundance of outdoor activities that encourage a healthy and active lifestyle.

Living in Forster comes with the advantage of being close to a range of amenities, including healthcare services and educational facilities, which are essential for families. The ongoing infrastructure improvements, such as the upgrades to the Pacific Highway, enhance connectivity to nearby cities, making it convenient for those who need to commute for work or leisure. However, the trade-off for this idyllic coastal living is that the area can become quite busy during peak tourist seasons, which might affect the tranquility that residents enjoy for most of the year.

Forster's community-oriented atmosphere, combined with its scenic surroundings, makes it an attractive place for families looking to enjoy a coastal lifestyle. While the suburb is particularly appealing to retirees and those seeking a slower pace of life, it also offers a stable and diverse housing market that can accommodate various family compositions. The planned expansion of local healthcare facilities and the recent completion of community projects further enhance the suburb's livability, ensuring that Forster remains a desirable place to live for years to come.

Living in Forster can be a bit of a mixed bag when it comes to expenses. The median house price is currently $865,000, and for units, it's $596,000. These figures are quite substantial, especially when you consider that the average annual wage in Forster is about $69,000. This means that buying a property here could take a significant chunk out of your income, making it a bit challenging for those on an average salary.

On the rental side, houses average around $600 per week, while units are about $445. When you compare this to the median total household income of $1,009 per week, it's clear that a large portion of earnings would need to be allocated to rent, which might stretch the budget for many residents. Overall, while Forster offers a beautiful coastal lifestyle, the cost of living, particularly in terms of housing, can be on the higher side compared to what the average local wage might comfortably cover.

Forster presents an intriguing investment opportunity, particularly for those interested in the rental market. Over the past year, the median house value in Forster has increased by 7.9%, indicating a healthy appreciation in property values. This growth suggests a strong demand for housing, which is a positive sign for potential investors looking for capital growth.

While the median unit value has remained stable, the rental market for units has seen a significant increase, with rents rising by 8.5% over the last 12 months. This rise in rental prices highlights a growing demand for rental properties, making units an attractive option for investors seeking steady rental income. The stability in house rents suggests a balanced market, which can be appealing for those looking for consistent returns without the volatility seen in other areas.

Overall, Forster offers a balanced mix of capital growth potential and rental income opportunities. The suburb's coastal charm and lifestyle appeal continue to attract both buyers and renters, ensuring ongoing demand. For investors, Forster provides a compelling case for investment, particularly in the unit market where rental yields are on the rise.