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Sold on 19 Nov 2024 - Price Unavailable

10 Old Hat Road
Foster VIC 3960

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 360ac
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Property Details for 10 Old Hat Rd, Foster

Building Type
Rural
Land Size
360ac

Last Listing description (November 2024)

With frontage to Fosters, Corner Inlet this superb 360-acre property has previously milked around 300 cows. Alternatively, 'Kooratong' would easily convert to an excellent beef fattening/breeding property or equally suit as a dairy turnout and fodder farm

Land: Majority of heavy carrying flats with some undulating rising country

Dairy: 23 swing over herringbone with 14,000 litre vat capacity& auto feed system

Shedding: 23.5x18m steel utility shed plus calving shed, separate calf rearing shed, hay shed, barn & workshop

Home: Older weatherboard cottage style home (approx. 100 years old) with 3 bedrooms plus study, kitchen/dining & separate lounge.

Water: 2 excellent main dams plus a permanent well all interconnected to a header tank system for the dairy and all troughs. A reliable high rainfall ensures water security.

Pasture: Comprising black loam, sandy loam & peat soil types, pastures are highly improved with a strong fertiliser history.

Paddocks: An extensive central laneway system to all 30 + paddocks, provides easy access to the dairy & yards.

Location: Foster 5km, Leongatha 30 mins, Melbourne is just 2 hours.

'Kooratong' is an outstanding opportunity to secure a productive dairy farm which would also make an excellent grazing property with lifestyle benefits.

'Kooratong' boasts stunning views overlooking the property to Corner Inlet & Wilsons Promontory. Situated just 5 minutes from Foster township for all shopping, cafes, schools & services. 'Kooratong' is also on the doorstep of the magnificent Wilsons Promontory National Park. With a quick settlement possible 'Kooratong' is an opportunity not to be missed. For further information or to inspect the property, contact Don Olden on 0417 805 312, or Ben Townsend on 0400 594 487. This property is being sold in conjunction with Alex, Scott & Staff Leongatha.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist

Property History for 10 Old Hat Rd, Foster, VIC 3960

A timeline of how this property has performed in the market
Last Sold
19 Nov 2024
  • 29 Oct 2024
    Sold for $3,300,000
  • 10 Dec 2020
    Sold for $2,607,840

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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.

Suburb Insights for Foster 3960

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Don Olden
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Ben Townsend
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Elders Real Estate Leongatha/Korumburra
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.