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VIC › Foster › Parkside Cres

2 Parkside Cres, Foster VIC 3960

House

$675,000

Last sold

6 Dec 2024

3

Bedrooms

2

Bathrooms

3

Car spaces

427 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $675,000 (6 Dec 2024).(Recorded sale)
  • FactLand 427 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Foster (last 5 years) with land size: median $663/m² of land (n=100). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$675,000

6 Dec 2024 · derived via latest_sale

Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.

Local land rate: recorded House sales in Foster (last 5 years) with land size have a median of $663/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.

See the full Foster report →

Vs Foster

+28.6%

Median sale

Suburb $525,000

-0.88 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

202120232024$169k$675k
  • Sold (recorded)
  1. Sold$675,0006 Dec 2024
  2. Listedprice unknowncompleted10 Jan 2024
  3. Sold$169,00017 Sept 2021
  4. Listedprice unknowncompleted26 Aug 2021

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Foster in one glance

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.

See the full Foster report →

Keep researching

  • Why Foster? Read the area thesis →
  • What else is on the market in Foster →
  • Other records on Parkside Cres →

Listing material

Listed by Paragreen Real Estate

CUSTOM NEW BUILD

Newly finished this brand new 3 bedroom home, built by local builder Andy Cumming, has been finished to an extremely high standard. The attention to detail is evident from the moment you walk into the entry lobby with high quality fixtures and fittings throughout, cathedral ceilings, stone bench tops and double glazing to all windows and doors.

The kitchen has stone bench tops, a large island bench and soft closing cabinets and drawers. High quality appliances include induction cook top, electric oven (including rotisserie) and dishwasher. An amazing tile splash back and under cabinet lighting. The double pantry includes power outlets.

The living and dining area has cathedral ceilings, adding to the spacious feeling, large double glazed windows (including two that are high set north facing) allowing plenty of natural light, and a sliding door to the rear tiled outdoor under cover entertaining area. RCAC to allow for all year round comfort.

Read the full description

The open plan kitchen, dining and living area has floating floors.

The master bedroom is located at the rear of the property and includes walk in robe and en-suite with shower (with waterfall shower head), vanity and toilet. There is sliding door to the rear tiled outdoor undercover entertaining area. The other 2 bedrooms have built in robes. All of the bedrooms have carpet and ceiling fans.

The central bathroom has shower (with waterfall shower head), bath and vanity. There is a separate 2nd toilet. The internal laundry has soft closing eye level and under bench cupboards and there is plenty of space on the stone bench tops and glass door to the rear yard.

The double garage lock up garage, with epoxy coated flooring, has internal access to the house and rear access to the back yard.

Situated on a corner block there is double gate access to the low maintenance back yard providing access for caravan or boat.

A rare opportunity to purchase a brand new, custom built quality home, in a great location close to the rail trail and walking distance to town.

Contact our office to arrange a private inspection.

Listing description written by Justin Wightman, Paragreen Real Estate — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.