Suburb Profile

Suburb profile for,

Foster, VIC 3960

About Foster

Situated in Victoria's 3960 postcode, Foster is a well-established residential suburb.

Demographics and Community

Foster has a population of approximately 1,868, a median age of 56, a median weekly household income of $877.

Property Market Overview

The current median house price in Foster is $622,500. Average annual growth is 18.6%.

Properties in Foster spend an average of 51 days on market.

Rental Market

The median weekly rent for houses in Foster is $300. Gross rental yield is 3.10%, which is typical for a growth-oriented market.

Nearby Suburbs

Explore other suburb profiles in the area: Leongatha, VIC, Korumburra, VIC, Hampton Park, VIC, Cranbourne North, VIC, Cranbourne West, VIC.

Considering Foster for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Foster or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Foster, VIC 3960

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
VIC
Suburb
FOSTER
Postcode
3960
Median price for all dwellings
$622,500
Last 12 months growth return
Up 18.6%
Avg. dwellings for sale in the suburb every month
23
Avg. dwellings sold in the suburb in previous 12 months
22
Avg days on market for a dwelling listing to sell
51 days
Avg. number of people searching in this suburb every month
423
Avg. rental yield per annum
3.10%
Weekly median rent for all dwellings
$300 per week
Median price for all houses
$622,500
Avg. rental yield growth in the previous 12 months
3.10%
Avg. days for a rental listing to find a tennant
26 days
Total suburb population in 2016
1868
Total suburb population change in 5 years up to 2016
11.30%
Avg. household income per week
$877
Median age of the population in the suburb
56
Historic avg annual growth return per annum in the suburb
12.73%