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Foster

Suburb Profile

Foster - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3960

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FOSTER, 3960 ranks 643rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 15.23% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $368,750.

The upward trend in home prices in FOSTER, 3960 averaged 5.08% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in FOSTER.

An average of 2.33 real estate transactions take place per month in FOSTER which translates to 28 per annum.

28 properties were sold in FOSTER in 2016, making it the 370th most active market in VIC based on total real estate transactions.

FOSTER, 3960 places 202nd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $368,750 N/A
GROWTH REPORT
Median Quarterly 3.87% N/A
Median 12 month 15.23% N/A
Median 3 years 15.23% N/A
Median 5 years 18.95% N/A
10 years average annual 4.08% N/A
Weekly media advert. rent N/A N/A
Time on Market 51.7 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
2177
Weekly Household Income
644.1
Household Size
2.30
demographics
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