SOLD
RECENT ADVICE
Sold on 06 Sep 2024 for $320,000

6/2 Mcdonald Street
Foster VIC 3960

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 144m2
Sold By
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.

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 1,492 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.