83 Foster-Mirboo Rd, Foster North is a 2 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 411150m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last transferred in June 2019.
101 acres with great views and good pasture at Foster North close to South Gippsland Highway.
This rare property has 2 older houses (2 bedroom and 3 bedroom) which require significant work but you could live in one while repairing the other one. Each house has a 45,000 litre water tank and good mobile phone reception. Would suit extended family as a hobby farm. There is an established orchard with a range of fruit trees and a mature pine plantation which could be harvested.
Property has been running sheep for the last 30 years and has had minimum chemical input so would suit someone wanting to develop organic pasture for grazing. There is an old shed and yards that can be used for sheep or cattle as well as a small yard with loading ramp. Majority of property is tractorable and has a good system of tracks as well as two small watercourses. There is good stock protection from a number of cypress and pine windbreaks.
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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