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Sold on 06 Sep 2024 for $320,000

6/2 Mcdonald Street
Foster VIC 3960

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 144m2
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Paragreen Real Estate
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Property Details for 6/2 Mcdonald St, Foster

6/2 Mcdonald St, Foster is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 144m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Foster in the last 12 months.

Building Type
Unit
Year Built
1980
Land Size
144m2
Local Government
South Gippsland
Lot/Plan
7/SP20533

Last Listing description (September 2024)

This 2-bedroom unit in the heart of Foster, just 150 metres to the main shopping strip is an ideal location for the owner occupier or investor.
Featuring 2 bedrooms, open plan kitchen, dining and lounge, bathroom with shower, vanity and toilet. A separate walk-through laundry.
Original kitchen with large eat at benchtop, new gas cook top, lower cupboards and a pantry.

Complimented by a fully paved large rear carport and garden area with raised veggie beds and a front garden with no lawns to maintain makes this unit ideal for the busy person to come and go with minimal upkeep.
Located in a block of seven units, with drive way access from the rear it feels more like a house than a unit with outlook designed so as not to intrude on your neighbours.
With units in the complex providing long-term rental history this is an ideal set and forget investment or move in to a comfortable unit in an extremely convenient location.
A rare opportunity in this market that won't last long.
Contact us for a confidential discussion.

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Property History for 6/2 Mcdonald St, Foster, VIC 3960

A timeline of how this property has performed in the market
Last Sold
$320,000
06 Sep 2024
  • 06 Sep 2024
    Sold for $320,000
  • 10 Aug 2024
    Listed for Sale $350,000
  • 14 Dec 2023
    Listed for Sale $350,000
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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.

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