3540 South Gippsland Hwy, Foster North is a 3 bedroom, 2 bathroom House with 10 parking spaces and was built in 1980. The property has a land size of 202343m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Enjoying a premier position just 3 minutes from town, this truly is the perfect lifestyle package. With jaw dropping views over the surrounding farmland to the coastline of Corner Inlet and the entire sweep of majestic Wilsons Prom, there are so many exciting opportunities. The current 3 bedroom 2 bathroom home is comfortable as-is or is perfect as a base for extending and renovating. Alternatively, utilize the site for a spectacular new build designed to take full advantage of the incredible outlook and open northerly aspect - perfect for an energy efficient home. Approx. 40 acres of the undulating land is fenced into 4 paddocks ideal for running a few cattle or horses with 2 dams, stockyards and race. The balance of land is bush with towering tree ferns and rainforest running along a winter creek with waterfall and providing a safe haven for native wildlife and birds. The flat gardens around the home include exceptional shedding offering potential for a homebased business (STCA) - a 19.5 x 14m with extra height plus an 8.6 x 5.4 lock up shed, plus assorted smaller sheds and paddock shelters. If you are looking for one of the best views this scenic location has to offer, this is a must see property.
The size of Foster North is approximately 43.3 square kilometres. The population of Foster North in 2011 was 446 people. By 2016 the population was 169 showing a population decline of 62.1% in the area during that time. The predominant age group in Foster North is 60-69 years. Households in Foster North are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Foster North work in a managers occupation. In 2011, 85.6% of the homes in Foster North were owner-occupied compared with 82.1% in 2016..
Foster North has 150 properties. Over the last 5 years, Houses in Foster North have seen a 82.77% increase in median value, while Units have seen a 152.61% increase. As at 30 November 2024:
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