OFF MARKET

3/8 Simpson Street
Foster VIC 3960

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 76m2
Land area: 83m2
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Last updated 16 Dec 2024
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Property Details for 3/8 Simpson St, Foster

3/8 Simpson St, Foster is a 2 bedroom, 1 bathroom Unit and was built in 1987. The property has a land size of 83m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1987
Floor Size
76m2
Land Size
83m2
Local Government
South Gippsland
Lot/Plan
3/PS410751

Last Listing description (October 2021)

This 2-bedroom unit is a rare opportunity in Foster.
Ideally located in a quiet part of town and surrounded by natural bushland.
Positioned at the rear of a complex of 5 units and currently returning $220 pw in rent this unit provides an opportunity to break into the property market as an investor or first home owner.

An entry level unit that offers a full-sized kitchen and open plan lounge and dining room, walk through the internal laundry into the bathroom complete with shower, bath, vanity and toilet. Wooden floating floors throughout for easy maintenance.
A fully fenced front yard and private carport adds to the sense of space and is an ideal secure space for pets.
Separately titled to the other units and with a large peaceful common area on the property, this unit makes a great investment or chance to get onto the property ladder.
Inspections by appointment only.
Call us for a chat.

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Property History for 3/8 Simpson St, Foster, VIC 3960

A timeline of how this property has performed in the market
Last Sold
$295,000
16 Oct 2021
  • 16 Oct 2021
    Sold for $295,000
  • 18 Sep 2021
    Listed for Sale $295,000
  • 29 Jun 2001
    Sold for $33,000

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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 1,492 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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