OFF MARKET

7 Forest Rise
Foster VIC 3960

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 709m2
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Property Details for Lot 10/7 Forest Rise, Foster

Building Type
Land
Land Size
709m2
Local Government
South Gippsland

Last Listing description (October 2023)

8 Forest Rise is one of the best value blocks in town.
On a quiet court, with some great views of the McDonald Ranges, Wilsons Promontory and over the township.
This site is perfect for buyers looking to build their dream home in town yet with a peaceful setting and great views.

Approx. 705m2, it has a reserve at the rear and side with delightful walking tracks.
This site is fully serviced with power, water and sewerage ready to connect.
An extremely rare opportunity to secure such a gem.

Property History for Lot 10/7 Forest Rise, Foster, VIC 3960

A timeline of how this property has performed in the market
Last Sold
$119,000
29 Jan 2018
  • 22 Apr 2023
    Listed for Sale PRICE REDUCED $225,000
  • 08 Jan 2021
    Listed for Sale $167,000
  • 29 Jan 2018
    Sold for $119,000
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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 1,490 properties. Over the last 5 years, Houses in Foster have seen a 55.92% increase in median value, while Units have seen a 59.44% increase. As at 31 October 2024:

  • The median value for Houses in Foster is $524,073 while the median value for Units is $422,958.
  • Houses have a median rent of $395 while Units have a median rent of $323.
There are currently 16 properties listed for sale, and 1 property listed for rent in Foster on OnTheHouse. According to CoreLogic's data, 42 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.