SOLD
Sold on 08 Aug 2024 for $1,150,000

500 Ogradys Ridge Road
Foster North VIC 3960

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Floor area: 183m2
Land area: 25789m2
Sold By
Paragreen Real Estate
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Property Details for 500 Ogradys Ridge Rd, Foster North

500 Ogradys Ridge Rd, Foster North is a 5 bedroom, 2 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 25789m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 5 bedroom House sold in Foster North in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
183m2
Land Size
25789m2
Local Government
South Gippsland
Lot/Plan
1/LP133931

Last Listing description (September 2024)

Located on a bitumen road just 9 minutes from both Foster and Fish Creek is this resort style property making an ideal permanent family home or a rural getaway for a large family or multiple families to purchase and enjoy.
Currently operating as a Air Bnb and achieving $725 per night this is an ideal turnkey investment. Offered to the market as a walk in walk out package with all furniture and equipment included. The home is a converted dairy which has been fully updated by the current owners in a tasteful contemporary styling. The open plan kitchen, dining room and lounge area is spacious and has views towards Wilsons Prom and the Corner Inlet.
The kitchen is a true chefs family kitchen with a large waterfall island benchtop and seating for four, 900mm gas cook top and electric oven, dishwasher, dual door fridge and pantry. Upper and lower cabinets, soft close drawers in the island and subway tile splashback.

The dining room has room for a 12 seater table and has views over the Prom and the lounge has two large couches one a five seater the other a three seater, with solid wood heater and RCAC making it ideal for all seasons.
The master suite has carpet, its own RCAC, a walk through wardrobe and en-suite with walk in shower, vanity and toilet.
Four additional bedrooms with carpet, 3 with individual RCAC's. The fourth is large in size with 4 king single beds and has the space to be converted to second master.
A central bathroom is stylishly renovated and has dual vanities, a large freestanding soaker tub with views over the Prom and walk in shower.
A European laundry is hidden behind doors in the main bathroom.
Externally is a large front covered north facing deck ideal for extra entertaining space.
An indoor heated pool approx. 10m by 5m is an ideal place to exercise or enjoy with the children all year round.
A separate bungalow / games room with its own full bathroom including shower, vanity and toilet is currently separated into a store room and games room. This could continue to be a games room and 6th bedroom or even make an ideal self contained unit for children, parents or guests.
A 4 bay shed approx. 8m by 16m has power and concrete floor.
Concreted between dwellings and landscaped but with simple to maintain gardens surrounding the house.
The land has a chicken coup, bee hives, fruit trees and a dam. A total of 6.37 acres divided into 4 paddocks with an additional flat area with amazing views towards the Prom. The rear of the property has amazing rolling hill views towards Fish Creek and Tarwin.
Currently running sheep and alpacas which can be negotiated in the sale.
A rare opportunity in the area to secure a set and forget property with nothing to do. Just bring the bags and move straight in.
Contact our office to arrange a private inspection.
Inspections must be pre booked and arranged in between guests.

Property History for 500 Ogradys Ridge Rd, Foster North, VIC 3960

A timeline of how this property has performed in the market
Last Sold
$1,150,000
08 Aug 2024
  • 08 Aug 2024
    Sold for $1,150,000
  • 17 Jun 2024
    Listed for Sale $1,100,000 to $1,200,000
  • 05 Jun 2020
    Sold for $617,500
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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.