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Suburb Insights ยท SA 5238

Forster 5238, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Forster is a regional centre in South Australia, Australia, with a population of approximately 14, making it a boutique locality. Located approximately 90 km from the Adelaide CBD, Forster is a regional area in South Australia. The median household income is $38,948 AUD per year (ABS 2021 Census).

Investment Score

26 / 100 Weak

Forster's income profile suggests a value-oriented market with competitive purchase prices. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Map shows Forster, South Australia, Australia.

Key Indicators

Postcode
5238

Official Australia Post postcode for Forster. A postcode may cover multiple suburbs.

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Population
14

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$115/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$38,948/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
90 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
N/A

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
33% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Forster serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $115/week (ABS 2021) indicates an affordable rental market. With only 33% separate houses, Forster has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Long-term holding in Forster requires careful assessment of local economic resilience.

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Rental Yield

Achieving strong cash flow in Forster is challenging at current rent-to-price ratios.

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Renovation / Flip

Limited buyer depth in Forster makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

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Full Property Analysis

30-year projections for Forster

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Forster faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental pipeline in Forster is thinner โ€” flexible lease terms could help secure tenants faster. Forster is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Forster a good suburb for investment?

Forster is a regional area in South Australia with a population of 14. The median rent is $115/week and the median household income is $38,948/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Forster?

Key demand drivers in Forster include regional employment hubs, lifestyle, and affordability. 33% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Forster?

According to the ABS 2021 Census, Forster has a population of approximately 14. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Forster from the Adelaide CBD?

Forster is approximately 90 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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