4377 South Gippsland HighwayFoster VIC 3960
Property Details for 4377 South Gippsland Hwy, Foster
Last Listing description (November 2018)
Gently rising from sealed road access, fenced to title, 6 mins from the Foster or Toora townships, 8 mins to boat launching into safe pristine waterways. Current planning permit for a residence sited to take full advantage of the amazing views and panoramic vista of Corner Inlet and Wilson s Prominentry. This 2.5 acre site (10,000sqm/107,639sqft) approximately - vacant land is the perfect location to build your dream retirement home, holiday home or an affordable option to move from the hustle and bustle of city living.
Only slightly over 2 hours from Melbourne CBD, this property offers endless possibilities and the chance of a new start. Located only a short distance from the townships of Foster and Toora, which have education options for families - Foster Primary School, Toora Primary School and South Gippsland Secondary College, and all services and facilities one would need.
Property History for 4377 South Gippsland Hwy, Foster, VIC 3960
- 07 Nov 2018Sold for $127,000
- 02 Nov 2016Listed for Sale $174,500
- 30 Jul 2016Transferred
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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.
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