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.
$450,000
Last sold
6 Jan 2025
4
Bedrooms
2
Bathrooms
3
Car spaces
853 m²
Land
Districts View
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
$450,000
6 Jan 2025 · derived via latest_sale
Local land rate: recorded House sales in Foster (last 5 years) with land size have a median of $666/m² of land (n=100). 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
-14.3%
Median sale
Suburb $525,000
+0.66 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
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 854 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. 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 GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 854 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?
KnownmediumOfficial parcel about 854 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
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 Paragreen Real EstatePurchase this property and your getting two for the price of one, as it is currently configured as two separate 2 bed homes on one title.
With the added bonus of currently being tenanted by a corporate tenant making it an ideal set and forget investment.
The first home at the front of the property has 2 bedrooms, a large open plan lounge with raked ceilings, kitchen with ample bench space and cupboards, separate dining area, a 2nd lounge, recently updated bathroom with shower, vanity and a separate toilet.
Solid wood heater and split system keep you cosy all year round. Timber floor boards throughout the home.
A large rear deck overlooking the town and Hoddle ranges with an internal laundry off the deck.
The second home at the rear of the property is only a few years old and has two bedrooms with BIR,s a central open plan lounge, kitchen and dining area and a bathroom with shower, vanity and toilet. This makes an ideal teenager space or parents on site dwelling if you were to occupy the home in the future. At the centre of the property is a 2 car carport, with the 2nd home having it own attached carport.
There is space to add additional off street parking at the front of the main home.
The current tenant is in place until mid April 2025 and keen to stay on making this an ideal investment to add to the portfolio.
Or purchase and occupy yourself once the current lease ends and have the ability to use the two dwellings as you please.
Contact our office to arrange a private inspection.
Inspections must be pre booked with appropriate notice provided to the tenant.
Listing description written by Paul Anthony, Paragreen Real Estate — reproduced as published, not verified by Districts.