All About Foster, South Gippsland, VIC, 3960
Foster, located in South Gippsland, Victoria, is a charming regional town that has recently garnered attention in the housing market due to its blend of rural appeal and accessibility. As of the latest reports, the housing market in Foster has seen a steady increase in demand, driven largely by urban dwellers seeking a tree-change and more affordable property options compared to Melbourne's bustling city life. The town's housing profile predominantly features a mix of period-style homes, modern family houses, and acreage properties, appealing to a variety of buyers. Foster offers an opportunities for investment, particularly for those keen on capitalizing on the rising trend of remote work and the desire for spacious living environments. However, it's important to note that, like many regional towns, the housing market can be competitive, with supply not always meeting demand, leading to noticeable variations in property prices over short periods.
Living in Foster is characterized by a warm, close-knit community atmosphere combined with the tranquility of lush natural landscapes and coastal proximity. The town offers an array of amenities including local shops, cafes, healthcare facilities, and schools, ensuring convenience for residents while maintaining its country charm. Residents enjoy access to nearby national parks and the scenic beauty of Wilsons Promontory, making Foster an attractive location for outdoor enthusiasts who enjoy activities such as hiking, fishing, and exploring nature. The community prides itself on a rich cultural life with local festivals, markets, and a vibrant arts scene contributing to a strong sense of identity and belonging. Overall, Foster presents a harmonious blend of simplicity and opportunity, providing an enviable lifestyle for both families and individuals seeking a peaceful yet connected living environment.
Household Makeup
| Median Weekly Rent | $222.00 |
| Median Monthly Mortgage | $1253.00 |
| Median Persons Per bed houseroom | 0.66 |
| Average Household Size | 2.00 |
| Average Age | 60.40 |
| Average Income | $580.40 |
| Average Cars Per Dwelling | 1.76 |
| Average Properties Within 50M | 9 |
| Typical 1 bed house | $418,000 |
| Typical 2 bed house | $449,000 |
| Typical 3 bed house | $712,000 |
| Typical 4 bed house | $853,000 |
| Typical 5 bed house | $829,000 |
| Typical 6 bed+ house | $1,215,000 |
Housing Stock
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Foster Real Estate Market Outlook
Thinking about buying in Foster? Now could not be a better time, with 1872 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $628,000 with prices in this suburb ranging from $31,000 to $2,287,000. Foster is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
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 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 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 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 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 ValuationHouses for sale Foster
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345 Fish Creek-Foster Road, Foster, VIC, 3960 |  3 |
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Local Schools
Foster Secondary College
Foster Primary School
(While the above schools are located with the suburb of Foster there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Foster weather - Average Local Climate by month
| (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
Public Transport
Leongatha - Greater then 10KM
General Points of Interest
Foster Golf Course - Less than 2 KM
Nearby Suburbs
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