Back

Foster
VIC, 3960 - South Gippsland

Thinking about buying in Foster? Now could not be a better time, with 1872 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $628,000 with prices in this suburb ranging from $31,000 to $2,287,000. Foster is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $222.00
Median Monthly Mortgage $1253.00
Median Persons Per Bedroom 0.66
Average Household Size 2.00
Average Age 60.40
Average Income $580.40
Average Cars Per Dwelling 1.76
Average Properties Within 50M 9

Housing Stock

Average Property Prices

1 Bed  $418,000
2 Bed  $449,000
3 Bed  $712,000
4 Bed  $853,000
5 Bed  $829,000
6 Bed+$1,215,000

Foster Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Foster due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Foster changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Foster to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Foster the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Foster

OneAgency 345 FISH CREEK-FOSTER RD, FOSTER, VIC, 3960 Beds3 Bathrooms2 Parking 0 Contact Agent

Local Schools

Foster Secondary College

Foster Primary School

(While the above schools are located with the suburb of Foster there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Foster weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.514.324.149.683.45.023.2
Feb1.214.723.851.083.65.119.6
Mar1.713.322.045.675.45.115
Apr1.710.519.553.287.54.210.5
May2.98.516.952.7823.97.7
Jun3.87.614.669.694.44.56.2
Jul2.86.913.972.395.557.4
Aug2.76.514.368.196.04.910.2
Sept3.08.016.463.295.45.014.1
Oct2.19.518.656.387.55.018.6
Nov2.010.519.46193.25.020.7
Dec2.012.822.452.885.6524.1

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

BennisonPort FranklinFoster NorthWoorarra WestWongaTooraMount BestFish CreekBoolarongStony Creek

Public Transport


General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!