Suburb Profile Report for Foster VIC (3960)

Foster House: Median price $315,000, Annual capital growth 3.09%, Number of sales 32, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Foster has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -3.08% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Foster has increased when compared to the 5 year average annual rate.

The most recent median price for Foster is $315000, with sellers offering an average of -8.38% off the asking price.

At number 3079 in a list of fastest selling suburbs, Foster is in the bottom 20% of suburbs in Australia with an average of days on market 117.05 for properties listed there.

HOUSE UNIT
$315,000 N/A
N/A N/A
-3.08% N/A
3.09% N/A
N/A N/A
32 N/A
N/A N/A
117.05 N/A

Source: CoreLogic

DSR Score for property investment : Poor (H), Below average (U)
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Demographics
Total population 1678
Median household income ($/weekly) 754
Median age of persons 54
Median housing loan repayment ($/monthly) 1300
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 168 10.0
    45-54 years 223 13.3
    55-64 years 294 17.5
    65-74 years 245 14.6
    75-84 years 188 11.2
    Others 558 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 662 52.2
    Not Married 492 38.8
    Defacto Relationship 114 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1389 86.8
    Japan 18 1.1
    Papua New Guinea 17 1.1
    United Kingdom 94 5.9
    Other 19 1.2
    Others 63 3.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 15 1.0
    Christianity 920 61.1
    Hinduism 3 0.2
    Other Religious Groups 8 0.5
    No Religion 556 36.9
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 79 11.9
    $400-$599 122 18.4
    $600-$799 89 13.4
    $800-$999 71 10.7
    $1,000-$1,249 59 8.9
    Others 243 36.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 657 47.0
    Employed, worked full-time 358 25.6
    Employed, worked part-time 302 21.6
    Employed, away from work 61 4.4
    Unemployed, looking for work 19 1.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 137 19.1
    Professionals 122 17.0
    Technicians & trades workers 98 13.6
    Sales 70 9.7
    Labourers 98 13.6
    Others 194 27.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 111 41.0
    Secondary 102 37.6
    Technical or Further Educational Institution 21 7.7
    University or other Tertiary Institutions 20 7.4
    Pre-school 17 6.3
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1391 91.6
    Flat, unit or apartment 104 6.9
    Caravan, cabin, houseboat 17 1.1
    Improvised home, tent, sleepers out 3 0.2
    House or flat attached to a shop, office 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 386 53.6
    Being purchased 163 22.6
    Rented 160 22.2
    Other tenure type 11 1.5
    Tenure Type
Census 2011, ABS
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