Suburb Profile Report for Foster VIC (3960)

Foster House: Median price $312,500, Annual capital growth 3.45%, Number of sales 24, Weekly median advertised rent N/A

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Property investors who have had real estate in Foster, 3960 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.10%

Comparing Foster,3960 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.90% offered to property buyers. Sellers in Foster itself are offering an average vendor discount of -6.64% to real estate investors.

Metrics i HOUSE UNIT
$312,500 N/A
0.00% N/A
-3.10% N/A
3.45% N/A
N/A N/A
24 N/A
N/A N/A
105.058823529412 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (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
Chart Table