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Foster North, VIC 3960
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$815,000
list-price estimate
Median Unit
$565,000
Gross Yield (units)
3.1%
1yr Growth (houses)
+7.0%
market range -27.5% to +15.0%
Investment snapshot for Foster North
Foster North has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Foster North market and investor summary
Foster North sits in VIC, postcode 3960. House prices have moved +7.0% over the past year. At 1.5% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.5% and a resident base that is not shrinking. Houses also take time to sell, around 90 days on market, so plan for a slower exit if you ever need one.
Living in Foster North: people, income and schools
About 152 people live in Foster North, a number that has held fairly steady over five years. The median age is 56, an older, established demographic, and 87% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $63,000 a year, or roughly $1,210 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Locally, around 35% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There is 1 school within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 152
- +4% over 5yr
- Median age
- 56 years
- Median household income
- $63,000/yr
- Households renting
- 5%
- Family households
- 70%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 998
- Unemployment
- 2.9%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Foster North
No properties currently listed in Foster North
Search Foster North listings →Frequently asked questions about Foster North
What should I check before investing in Foster North?
Foster North has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +7.0% in the past year shows positive recent price momentum. Tight rental market (1.5% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Foster North?
The median property price in Foster North, VIC 3960 is $565K for units.
What rental yield does Foster North show?
The gross rental yield in Foster North is 3.1% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Foster North?
House prices in Foster North are up 7.0% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Foster North?
The current vacancy rate in Foster North is 1.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Foster North?
Foster North has a population of approximately 152 residents, with a median age of 56.
What schools are near Foster North?
There are 1 school within roughly 5km of Foster North. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Foster North's population growing?
The population of Foster North has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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