FOR SALE
NEW PRICE - $450,000

14 Nelson Street
Foster VIC 3960

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 418m2
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Corner block - Commercial 1 Zoned

Immaculate, renovated property in sought after Foster, South Gippsland where properties like this rarely come up for sale. Offering (3) generous bedrooms, lounge, dining area & large separate kitchen. Recent updates include the outside repainted, tile roof restored and repainted & a covered rear verandah with new decking ideally suited to a very large outdoor living area.
The home is unique in that it is commercial 1 zoned, so is ideal for a home based business. Currently tenanted to long term tenants the property is returning $280 per week. In an ideal location the home is a short flat walk to Foster CBD and sports amenities. For more information please contact Peter Bellingham, Ray White Foster.
Inspections are strictly by appointment only.
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Property Details for 14 Nelson St, Foster

14 Nelson St, Foster is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 418m2. The place is currently for sale with Ray White Foster.

Building Type
House
Land Size
418m2

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About Foster 3960

The size of Foster is approximately 116.3 square kilometres. It has 7 parks covering nearly 1.3% of total area. The population of Foster in 2011 was 1,678 people. By 2016 the population was 1,868 showing a population growth of 11.3% in the area during that time. The predominant age group in Foster is 60-69 years. Households in Foster are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Foster work in a managers occupation. In 2011, 74.1% of the homes in Foster were owner-occupied compared with 73.1% in 2016.

Foster has 1,492 properties. Over the last 5 years, Houses in Foster have seen a 56.59% increase in median value, while Units have seen a 52.40% increase. As at 30 November 2024:

  • The median value for Houses in Foster is $519,938 while the median value for Units is $409,705.
  • Houses have a median rent of $400 while Units have a median rent of $320.
There are currently 18 properties listed for sale, and 3 properties listed for rent in Foster on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Foster.

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Peter Bellingham
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