OFF MARKET

4345 South Gippsland Highway
Foster VIC 3960

Bedrooms: 5
Bathrooms: 3
Car spaces: 5
Land area: 300480m2
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Property Details for 4345 South Gippsland Hwy, Foster

Building Type
Land
Land Size
300480m2
Local Government
South Gippsland
Lot/Plan
3/LP218844

Last Listing description (April 2019)

With a rare offering of two houses on the one property, this 74 acres (approx) also provides panoramic views across Corner Inlet to Wilsons Promontory.
The land consists of over 50 acres of native gums with the balance being cleared, productive pasture. If you take the steep climb through the trees to the top of the property you'll be rewarded with stunning views.
'Hazelwood Cottage' is the original farm house on the property, and is currently operated as self contained tourist accommodation.

In largely original condition, it offers 3 bedrooms and two living areas, including 'billiard room' with open fire place and kitchen/dining/living area with solid fuel heater.
The second house is a 2 bed, 2 bath, brick veneer home with a central open living area where you can enjoy a meal or relax while gazing out at Wilsons Promontory. Solid fuel heater and r/c air con to keep things comfortable all year round.
The houses are set approx 150 metres from the highway, and are surrounded by the flat, cleared grazing land.
Machinery/workshed, plus a number of older sheds offer plenty of storage and work areas.
A unique and attractive property, with the rare offering of two houses, and located only 5 minutes drive from Foster township.

Property History for 4345 South Gippsland Hwy, Foster, VIC 3960

A timeline of how this property has performed in the market
  • 13 Mar 2019
    Listed for Sale $675,000
  • 20 Feb 2015
    Listed for Sale $185,000-
  • 06 Sep 2012
    Listed for Sale $199,000
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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.

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.