OFF MARKET

40 Foster-Promontory Road
Foster VIC 3960

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 10500m2
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Property Details for Lot 8/40 Foster-Promontory Rd, Foster

Building Type
Land
Land Size
10500m2
Local Government
South Gippsland

Last Listing description (May 2019)

EXCITING CHOICE OF RURAL/LIVING 1 HECTARE ALLOTMENTS CLOSE TO TOWN.
New subdivision with construction imminent offering spectacular views to the Prom, Inlet and surrounding district, rail trail access and are close to all district attractions.The land is gently undulating and all blocks will be accessed from a sealed court.
Inspection strictly by appointment only. Your chance to secure a parcel of land 'off the plan'.

Property History for Lot 8/40 Foster-Promontory Rd, Foster, VIC 3960

A timeline of how this property has performed in the market
  • 17 May 2019
    Listed for Sale Not Disclosed

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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.