OFF MARKET

5 Jay Road
Foster VIC 3960

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 4063m2
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Property Details for 5 Jay Rd, Foster

Building Type
Rural
Land Size
4063m2
Local Government
South Gippsland
Lot/Plan
5/LP222146

Last Listing description (September 2017)

This property sale has created a rare opportunity to purchase a premier executive residence in a sought after location in Foster.
Strolling out through the back gate you will find yourself ready to hit off from the second tee of the Iconic Foster Golf Course..
It's a lovely walk to the shopping centre, or only a couple of minutes in the car to any of the amenities that Foster offers..

The home has been meticulously built and beautifully maintained.
Set on 1 acre, the brick veneer home has many features including:
Beautiful entry way, leading either to the formal lounge and dining rooms, or wander through to the relaxed open plan living and dining area.
9' ceilings with ornate cornice and ceiling roses are featured throughout.
The kitchen incorporates all quality fittings and fixtures, dishwasher, electric bench top and separate electric oven, ample storage, island preparation bench and walk in pantry.
3 Generous bedrooms, with the main including a walk in robe and private en-suite,
Bedroom 2 and 3 have built in robes
There is also a study or 4th Bedroom for comfortable accommodation of guests.
Heating is provided by sub floor zoned electric heating and also a free standing gas log fire.
Flooring throughout this beautiful home is a combination of high quality carpets, tiles and stunning spotted gum timber.
There is internal entry to the home from the fully lined double remote garage and workshop.
The veranda areas flow the full length of the home, back and front and provide a peaceful and protected outlook to the extensive garden with generous lawn, mature European trees and small orchard.

Inspection by appointment only

Property History for 5 Jay Rd, Foster, VIC 3960

A timeline of how this property has performed in the market
Last Sold
$670,000
06 Sep 2017
  • 06 Sep 2017
    Sold for $670,000
  • 24 Jan 2017
    Listed for Sale $675,000
  • 09 Mar 1999
    Sold for $42,000
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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.

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.