Foster North, nestled in the serene landscapes of South Gippsland, Victoria, offers a unique blend of rural charm and natural beauty that appeals to both locals and newcomers. The housing market in this area is characterized by a mix of traditional homes and newer developments, catering to a diverse range of buyers. With property prices more affordable than those in metropolitan areas, Foster North attracts individuals and families looking for a peaceful lifestyle without sacrificing accessibility to modern amenities. The market has seen steady growth, fueled by a demand for lifestyle properties and the allure of country living. Prospective homebuyers are often drawn to the picturesque surroundings, characterized by rolling hills, lush greenery, and proximity to beaches, making it an ideal place for those who appreciate nature.
Living in Foster North offers a tranquil and laid-back lifestyle, which is perfect for those wanting to escape the hustle and bustle of city life. The community is tight-knit, with local events and gatherings fostering a sense of togetherness among residents. While the area offers a quiet retreat, it is still conveniently connected to essential services and facilities. Shops, schools, and healthcare options are within a comfortable distance, ensuring that residents have everything they need. Outdoor enthusiasts will find plenty of opportunities for activities such as hiking, fishing, and exploring the nearby Wilsons Promontory National Park. Overall, Foster North combines the best of country living with easy access to natural wonders and modern conveniences, making it an attractive spot for those seeking a balanced lifestyle.
Median Weekly Rent | $ |
Median Monthly Mortgage | $ |
Median Persons Per bed houseroom | |
Average Household Size | |
Average Age | |
Average Income | $ |
Average Cars Per Dwelling | |
Average Properties Within 50M |
Housing Stock
Download 25 Mbps / Upload 5 Mbps
Thinking about buying in Foster North? Now could not be a better time, with just 185 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $926,000 with prices in this suburb ranging from $120,000 to $2,140,000. Foster North is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Foster North due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Foster North changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Foster North to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Foster North the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationFoster Secondary College
(While the above schools are located with the suburb of Foster North there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.5 | 14.3 | 24.1 | 49.6 | 83.4 | 5.0 | 23.2 |
Feb | 1.2 | 14.7 | 23.8 | 51.0 | 83.6 | 5.1 | 19.6 |
Mar | 1.7 | 13.3 | 22.0 | 45.6 | 75.4 | 5.1 | 15 |
Apr | 1.7 | 10.5 | 19.5 | 53.2 | 87.5 | 4.2 | 10.5 |
May | 2.9 | 8.5 | 16.9 | 52.7 | 82 | 3.9 | 7.7 |
Jun | 3.8 | 7.6 | 14.6 | 69.6 | 94.4 | 4.5 | 6.2 |
Jul | 2.8 | 6.9 | 13.9 | 72.3 | 95.5 | 5 | 7.4 |
Aug | 2.7 | 6.5 | 14.3 | 68.1 | 96.0 | 4.9 | 10.2 |
Sept | 3.0 | 8.0 | 16.4 | 63.2 | 95.4 | 5.0 | 14.1 |
Oct | 2.1 | 9.5 | 18.6 | 56.3 | 87.5 | 5.0 | 18.6 |
Nov | 2.0 | 10.5 | 19.4 | 61 | 93.2 | 5.0 | 20.7 |
Dec | 2.0 | 12.8 | 22.4 | 52.8 | 85.6 | 5 | 24.1 |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!