Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Foster, 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
$470,000
list-price estimate
Gross Yield (units)
4.5%
1yr Growth (houses)
+1.8%
market range -2.5% to +5.0%
Investment snapshot for Foster
Foster has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Foster verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Foster - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Foster market and investor summary
Foster sits in VIC, postcode 3960. House prices have moved +1.8% over the past year and -9.3% over three years. At 1.4% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking. Houses also take time to sell, around 115 days on market, so plan for a slower exit if you ever need one.
Living in Foster: people, income and schools
Foster has a resident population of roughly 2,044, a number that has held fairly steady over five years. At a median age of 59, it reads as an older, established demographic, and 75% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $51,000 a year (about $980 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.
Families have 2 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 19 for walkability and 3 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 2,044
- +4% over 5yr
- Median age
- 59 years
- Median household income
- $51,000/yr
- Households renting
- 20%
- Family households
- 57%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 998
- Unemployment
- 2.9%
- Walk score
- 19/100
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
No properties currently listed in Foster
Search Foster listings →Frequently asked questions about Foster
What should I check before investing in Foster?
Foster has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.5% gives a usable rent-to-price starting point. Tight rental market (1.4% 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 rental yield does Foster show?
The gross rental yield in Foster is 4.5% 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?
House prices in Foster are up 1.8% over the past year and down 9.3% over three years. 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?
The current vacancy rate in Foster is 1.4%. 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?
Foster has a population of approximately 2,044 residents, with a median age of 59.
What schools are near Foster?
There are 2 schools within roughly 5km of Foster. 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's population growing?
The population of Foster has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API