SOLD
Sold on 15 May 2024 for $270,000

1/8 Simpson Street
Foster VIC 3960

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 40m2
Land area: 61m2
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Sold By
Jade Storr
Paragreen Real Estate
Justin Wightman
Paragreen Real Estate
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Property Details for 1/8 Simpson St, Foster

1/8 Simpson St, Foster is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 61m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Foster in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
40m2
Land Size
61m2
Local Government
South Gippsland
Lot/Plan
1/PS410751

Last Listing description (May 2024)

This one bedroom unit is in the ideal location, surrounded by nature with the New Zealand Hill Conservation Reserve your front neighbour.

Tastefully renovated with a new stove, split system, windows, security screens, blinds and raised garden beds.

One bedroom with open plan kitchen lounge area and a bathroom/laundry with shower, vanity, toilet and laundry sink.

A large fully enclosed yard which has been set up with a self sustainable garden. An ideal place for relaxing after a hard day at work.

A rare opportunity to secure a move in ready one bedroom unit.

Currently owner occupied, however would make an ideal investment to add to the portfolio or a great first home / downsizer opportunity.

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Property History for 1/8 Simpson St, Foster, VIC 3960

A timeline of how this property has performed in the market
Last Sold
$270,000
15 May 2024
  • 15 May 2024
    Sold for $270,000
  • 06 Sep 2023
    Listed for Sale $250,000
  • 18 Sep 2021
    Listed for Sale $220,000
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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 1,491 properties. Over the last 5 years, Houses in Foster have seen a 63.90% increase in median value, while Units have seen a 87.02% increase. As at 31 August 2024:

  • The median value for Houses in Foster is $534,591 while the median value for Units is $481,341.
  • Houses have a median rent of $400 while Units have a median rent of $320.
There are currently 16 properties listed for sale, and 1 property listed for rent in Foster on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Foster.

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