Foster at a glance
2,084
People
$525,000
Median sale
$399/wk
Median rent
3.95%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
VIC › Foster › Cargeegs Rd
$925,000
Last sold
24 Feb 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
19,991.471 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$925,000
24 Feb 2025 · derived via latest_sale
Local land rate: recorded Rural Property sales in Foster (last 5 years) with land size have a median of $37/m² of land (n=12). Districts calculation from recorded sales — not a valuation.
Foster at a glance
2,084
People
$525,000
Median sale
$399/wk
Median rent
3.95%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Vs Foster
+76.2%
Median sale
Suburb $525,000
-1.71 pp
Gross yield
Suburb 3.95%
Suburb median $525,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK
TRZ2
Jurisdiction
South Gippsland
South Gippsland, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 20,037 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 20,037 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 3; EROSION MANAGEMENT OVERLAY - SCHEDULE 1; PUBLIC ACQUISITION OVERLAY - PS MAP REF PAO7. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $399/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 20,037 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowOfficial parcel about 20,037 m² — land size can look like optionality. What reduces it: SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 3; EROSION MANAGEMENT OVERLAY - SCHEDULE 1; PUBLIC ACQUISITION OVERLAY - PS MAP REF PAO7. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Foster at a glance
2,084
People
$525,000
Median sale
$399/wk
Median rent
3.95%
Suburb gross yield
Median sale from 31 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Foster & Sandy PointStep inside 'Moongalba' a master built home and lifestyle property to fully appreciate the quality of build and architectural style of this home, nestled on 2 productive hectares (4.9 acres approx).
The majestic vaulted ceiling on entry is one of many features of this property that draws your eye to the feature brickwork and wood heater.
The open plan lounge with bay windows, dining and kitchen have an outlook to the garden and Wilsons Promontory views. Step from the dining room to the covered outdoor entertaining area to enjoy the vista.
Easy care slate flooring features throughout the main living areas and passage to the bedrooms with the convenience of ducted vacuum throughout.
High ceilings continue throughout the remainder of the home, with decorative wainscoting wood paneling featured in the passageway.
The master bedroom includes a walk in robe and ensuite with a lovely outlook to enjoy waking up to every morning!
The remaining 3 bedrooms all include built in robes and are serviced by a large central bathroom with shower, spa and separate toilet.
Outside includes significant shedding able to hold additional machinery, horse float, boat or caravan with a 4 bay and separate 3 bay shed.
The acreage is split into two paddocks, with a spring fed dam, loading yards and shelter belts, ideally for any number of hobby farm pursuits.
With established trees providing privacy and a low maintenance garden, this property provides many opportunities and is conveniently located between Foster and Toora.
Inspection is strictly by appointment. Contact Wendy Gregson at Ray White Foster
Listing description written by Wendy Gregson, Ray White Foster & Sandy Point — reproduced as published, not verified by Districts.