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 › Old Hat Rd
4
Bedrooms
1
Bathrooms
2
Car spaces
1,456,868.312 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
No recorded sale price for this property yet.
Local land rate: recorded Rural Property sales in Foster (last 5 years) with land size have a median of $38/m² of land (n=13). 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.
Planning
Planning data is being calculated
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Elders Real Estate Leongatha/ KorumburraWith frontage to Fosters, Corner Inlet this superb 360-acre property has previously milked around 300 cows. Alternatively, 'Kooratong' would easily convert to an excellent beef fattening/breeding property or equally suit as a dairy turnout and fodder farm
Land: Majority of heavy carrying flats with some undulating rising country
Dairy: 23 swing over herringbone with 14,000 litre vat capacity& auto feed system
Shedding: 23.5x18m steel utility shed plus calving shed, separate calf rearing shed, hay shed, barn & workshop
Home: Older weatherboard cottage style home (approx. 100 years old) with 3 bedrooms plus study, kitchen/dining & separate lounge.
Water: 2 excellent main dams plus a permanent well all interconnected to a header tank system for the dairy and all troughs. A reliable high rainfall ensures water security.
Pasture: Comprising black loam, sandy loam & peat soil types, pastures are highly improved with a strong fertiliser history.
Paddocks: An extensive central laneway system to all 30 + paddocks, provides easy access to the dairy & yards.
Location: Foster 5km, Leongatha 30 mins, Melbourne is just 2 hours.
'Kooratong' is an outstanding opportunity to secure a productive dairy farm which would also make an excellent grazing property with lifestyle benefits.
'Kooratong' boasts stunning views overlooking the property to Corner Inlet & Wilsons Promontory. Situated just 5 minutes from Foster township for all shopping, cafes, schools & services. 'Kooratong' is also on the doorstep of the magnificent Wilsons Promontory National Park. With a quick settlement possible 'Kooratong' is an opportunity not to be missed. For further information or to inspect the property, contact Don Olden on 0417 805 312, or Ben Townsend on 0400 594 487. This property is being sold in conjunction with Alex, Scott & Staff Leongatha.
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Listing description written by Don Olden, Elders Real Estate Leongatha/ Korumburra — reproduced as published, not verified by Districts.