OFF MARKET

3 Forest Rise
Foster VIC 3960

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 123m2
Land area: 816m2
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Property Details for 3 Forest Rise, Foster

3 Forest Rise, Foster is a 3 bedroom, 1 bathroom House and was built in 2022. The property has a land size of 816m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
2022
Floor Size
123m2
Land Size
816m2
Local Government
South Gippsland
Lot/Plan
8/PS530443

Last Listing description (April 2021)

This elevated 816m2 block has had most of the work done and is ready to build on (STCA). Featuring a well designed site cut, creating a level building space, and being located at the end of a quiet court ensures your privacy. Backing onto a public reserve boasting walking and bike tracks with a pleasant outlook over the town towards the coast, this fully serviced block is one of the cheapest remaining blocks in the Foster township.
Call us to discuss the options available for this affordable allotment.

Property History for 3 Forest Rise, Foster, VIC 3960

A timeline of how this property has performed in the market
Last Sold
$142,000
15 Feb 2021
  • 15 Feb 2021
    Sold for $142,000
  • 31 Dec 2020
    Listed for Sale $128,000
  • 07 May 2018
    Listed for Sale $125,000
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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 1,490 properties. Over the last 5 years, Houses in Foster have seen a 55.92% increase in median value, while Units have seen a 59.44% increase. As at 31 October 2024:

  • The median value for Houses in Foster is $524,073 while the median value for Units is $422,958.
  • Houses have a median rent of $395 while Units have a median rent of $323.
There are currently 16 properties listed for sale, and 1 property listed for rent in Foster on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Foster.

Suburb Insights for Foster 3960

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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.