OFF MARKET

490 Ogradys Ridge Road
Foster North VIC 3960

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 123m2
Land area: 239672m2
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Property Details for 490 Ogradys Ridge Rd, Foster North

Building Type
Land
Year Built
1960
Floor Size
123m2
Land Size
239672m2
Local Government
South Gippsland
Lot/Plan
1/LP122548

Last Listing description (May 2022)

In the rolling hills of South Gippsland this 60-acre grazing property is a rare gem. Undulating, rolling country with boundary frontage to the Fish Creek.

The updated timber home greets you as you enter the property with its charming deck and veranda surrounded by an establishing orchard of pears, avocadoes, apples, walnut, and chestnuts to mention a few along with the most productive raised bed heirloom produce vegetable garden, a short stroll from the country kitchen.

Additionally tucked away across the paddock is an old established vineyard that to the right enthusiastic vintner, is an opportunity to awaken and create their own wine.

The kitchen with its views to the vegetable garden truly holds its own with the beautiful Smeg electric oven with induction cooking, as the centerpiece. Recently updated, this country kitchen is practical and homely with meals area leading through to the open and spacious family room. Kept warm in Winter by the new solid fuel heater and cool in Summer with reverse cycle air conditioner.
The three generous sized bedrooms all have built in robes and the family bathroom with its retro feel is neat and practical with separate bath, shower, and vanity. Separate toilet and a good-sized laundry make up this charming home in the hills.

Externally there is a large 4 bay open machinery shed with 2 additional adjoining smaller lock up garages, small yards and 3 tanks for water storage and supply to house. The property has five dams with a pump in place if required to pump water to the vineyard.
The foundations are here, this property is bursting with opportunities for someone to step on in and put their own stamp on this grazing property, from cattle, sheep and horses or perhaps expand the vineyard or simply enjoy the home and lease the land to a nearby farmer and enjoy the benefits of country living.
Under ten minutes to the township of Foster, Fish Creek, and less than 30 minutes to the beaches of Waratah Bay, Sandy Point and Walkerville. 30 minutes to Leongatha and 2 hours to Melbourne, here is a perfect place to call home.
For more information and to arrange a personal inspection, please contact Irene Walker at SEJ real estate, Leongatha

Property History for 490 Ogradys Ridge Rd, Foster North, VIC 3960

A timeline of how this property has performed in the market
Last Sold
$1,040,000
07 Apr 2022
  • 07 Apr 2022
    Sold for $1,040,000
  • 07 Mar 2022
    Listed for Sale $1,200,000
  • 07 Aug 2019
    Sold for $535,000
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About Foster North 3960

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 80.35% increase in median value, while Units have seen a 152.61% increase. As at 31 October 2024:

  • The median value for Houses in Foster North is $980,186 while the median value for Units is $418,860.
There are currently no properties listed for sale, and no properties listed for rent in Foster north on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Foster north.

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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.