OFF MARKET

160 Lower Franklin Road
Foster VIC 3960

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 86m2
Land area: 7502m2
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Property Details for 160 Lower Franklin Rd, Foster

Building Type
Rural
Year Built
1920
Floor Size
86m2
Land Size
7502m2
Local Government
South Gippsland
Lot/Plan
1/LP135263

Last Listing description (April 2021)

Positioned on a level allotment comprising of close to 2 acres this farmlet is only a short drive to the Foster township, and ideal for anyone looking for a bit of space or land for the animals.

The home features an open plan living area that comprises of a timber kitchen with electric cooking and lino floor covering & lounge with solid fuel heating & reverse cycle a/c. The home has two bedrooms and a central bathroom consisting of a shower, toilet & vanity.


External improvements on the property include a front verandah, large undercover entertaining area off the house, dam, two main paddocks, chook shed, a large steel lock-up garage 12m x 6.5m with concrete floor and power, and 2kw solar power unit.

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Property History for 160 Lower Franklin Rd, Foster, VIC 3960

A timeline of how this property has performed in the market
Last Sold
$315,000
29 May 2020
  • 29 May 2020
    Sold for $315,000
  • 04 Feb 2020
    Listed for Sale $349,000 - NEW PRICE
  • 31 Dec 1996
    Sold for $85,000
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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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