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VIC › Foster › Oram Rd

40 Oram Rd, Foster VIC 3960

For saleOther for Sale

$875,000

For sale

Asking

3

Bedrooms

1

Bathrooms

2

Car spaces

10,420 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $875,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $875,000(Listing record · 1 June 2026)
  • FactLand 10,420 m²; no building size recorded.(Property record)
  • CalculationAsk is 67% above the Foster median recorded sale ($525,000, n=31, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Foster's advertised median rent ($399/wk), implied gross yield would be 2.37% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$875,000

Asking · $84/m² of land

No recorded sale for this property.

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

+66.7%

Median sale

Suburb $525,000

-1.58 pp

Gross yield

Suburb 3.95%

Suburb median $525,000 from 31 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$875,000
Stamp Duty (Victoria)
$47,570
Transfer/Registration Fee
$2,152
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$928,422

$53,422 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Foster's advertised median rent — not a rent for this listing.

Net yield
0.87%
Annual cashflow (pre-tax)
$-37,877
Interest cover (DSCR)
0.17
Annual rent
$20,748
Operating expenses
$13,125
Loan amount
$700,000
Annual interest
$45,500
Gross yield
2.37%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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

  1. Listed$875,000available1 June 2026

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

Gross yield if leased at the suburb aggregate is 2.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Oram Rd →

Listing material

Listed by Paragreen Real Estate

Panoramic Views and Country Charm at 'Findlatree Cottage'

Perched on the crest of a rolling hillside within the highly sought-after South Gippsland region, the property known as 'Findlatree Cottage' offers a quintessential country lifestyle defined by sweeping vistas and established infrastructure. Located at 40 Oram Road, Foster, this charming timber weatherboard residence sits on approximately 1.017 hectares of verdant land. It is perfectly positioned to capture breathtaking views across Corner Inlet and the majestic peaks of Wilsons Promontory. The home presents a timeless rural aesthetic with its classic Colorbond roof and wide, welcoming verandahs that invite residents to admire the changing coastal weather patterns.

For young families seeking a tree change without compromising on modern comforts, this residence offers an exceptional balance of rustic charm and functionality. Upon entry, residents are greeted by rich polished timber floorboards that flow through the main traffic areas, ensuring durability and style. The lounge and bedrooms are softened with plush carpeting for added comfort during the cooler months. The interior layout is designed to maximize natural light and scenery, centred around an open-plan living and dining space that serves as the heart of the home. A wood heater provides a cozy focal point for winter evenings and is complemented by reverse-cycle air conditioning to ensure year-round climate control.

The country-style kitchen is well-appointed for the home cook. It offers ample storage, a gas stove, and an electric oven, all while maintaining a visual connection to the living areas and the rural outlook beyond. The design allows parents to prepare meals while keeping an eye on children in the living area or playing on the adjacent deck. Accommodation comprises three generously sized bedrooms, each fitted with built-in robes to maximize floor space. These rooms are serviced by a central bathroom that features a claw-foot bath, evoking a sense of heritage luxury, alongside modern fixtures.

Read the full description

The integration of indoor and outdoor living is seamless at Findlatree Cottage. A rear entertainment deck provides a private, sheltered setting for barbecues and social gatherings. It overlooks the paddocks, allowing for effortless supervision of outdoor activities. Beyond the residence, the property is exceptionally well-equipped for hobby farming or equestrian pursuits, making it an ideal setting for children to grow up surrounded by animals and nature. The land is divided into manageable spaces including a horse paddock with a shelter, and a secure vegetable enclosure. This infrastructure supports a self-sustainable lifestyle where families can grow their own produce.

Water security is a key feature of the property, with ample tank storage and a dam on site. For vehicles and machinery, the property includes a double garage and a large powered workshop with lights. There is dedicated shedding suitable for a boat or caravan, ensuring all recreational equipment is housed securely. This combination of residential comfort, agricultural utility, and spectacular natural beauty makes it a rare offering in the district. The established gardens feature low-maintenance landscaping, including mature succulents and lavender, framed by sturdy post-and-rail fencing.

The location offers the perfect blend of seclusion and convenience. Foster is a vibrant country township that serves as the commercial and social hub of South Gippsland. It is widely recognized as the gateway to the world-famous Wilsons Promontory National Park. The town is defined by its tight-knit community atmosphere and is just minutes from the coast. Young families will appreciate the proximity to Foster Primary School and Foster Secondary College, ensuring quality education is close to home. The South Gippsland Hospital provides essential medical services, while the main street is lined with supermarkets, boutique cafes, and specialty shops.

The region is a powerhouse of Victorian agriculture and tourism, characterised by fertile soil and dramatic geography. Residents can explore the Great Southern Rail Trail or visit the pristine beaches of Sandy Point and Waratah Bay. Findlatree Cottage offers a rare opportunity to secure a lifestyle property that requires no further work. It is ready for a new family to move in and enjoy the peace, privacy, and panoramic beauty of South Gippsland.

Contact our office to arrange a private viewing.

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

Property features

  • Broadband
  • Deck
  • Shed
  • Water Tank
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.