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3655 South Gippsland Highway, Foster$2.27m
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3655 South Gippsland Highway

Foster, VIC 3960, Australia
$2.27m
5 bed 2 bath 1 car126.26 ha

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About this property

First time offered since 1959, this beef grazing farm has been in the same family for over 65 years. Ran as a dairy farm up until 10 years ago, and now being run as a successful beef fattening farm. Situated in some of the best farming land regions in the state, the property offers heavy carrying country and reliable rainfall. Situated less than 2km from the front gate to the township of Foster, this property offers 2 titles (150 ac, 117ac) of approximately 267 acres plus unmade road lease and river frontage. Title 1; 150 acres with a beautifully renovated 5 bedroom + study home. The home features a master with ensuite and walk in robe, formal lounge, family room with wood fire and R/C split, modern kitchen with electric cooking, second bathroom with shower, bath and toilet, two large decks, one adjoining the living room, and one to the South East end of the home overlooking the farmland and Wilsons Promontory. This title also features two large sheds approximately 12 x 8 m and 10 x 7 m and the balance of the land is cleared and clean hill grazing country, with stunning views of Corner Inlet and Wilsons Promontory. Title 2; 117 acres featuring a disused dairy, cattle yards and loading race and highway frontage. Excellent water with electric pump sending water to the main header tank and then gravity fed to troughs. Also serviced by several dams throughout the property, as well as a secondary main dam feeding water troughs through a syphon. Bennison Creek also runs through this property and features a beautiful stand of native trees and excellent shelter for the cattle. There are also excellent home sites on this title (STCA) with front row views of Wilsons Promontory. Note, there is a third title of approximately 45 acres for an additional $395,000. This is grazing land with highway frontage adjoining the 117 acres. This title also features a loading race and stock yards. Other features of the farm include; - Hay paddocks - Clean pasture - Native shelter belts - Opportunity for you to on sell one or more of the titles - Sealed road highway frontage and more This property has been well cared for by its current owners for two generations and is ready for its new owners. Contact Andrew Newton 0402 940 320 or Richard Faulkner 0408 595 174 to arrange an inspection, we'd love to show it to you. Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
2
Parking
1
Land Area
126.26 ha
Listed
3 months ago

Repayment calculator

$11,005/month
$5,502 /fortnight
Loan $1,816,000 at 6.10% over 30 years

Upfront costs

Deposit$454,000
Stamp duty$127,550
Conveyancing (est.)$2,000
Total upfront$583,550
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Foster

This 5-bedroom house in Foster, VIC 3960 sits within reach of and nearby schools. It is listed 260% above the $630,000 median of 57 comparable houseswithin 5 km.

Schools near Foster

  • Foster Primary Schoolprimary · Prep-6 · CoEd
  • Corner Inlet Collegesecondary · 7-8 · CoEd
  • Foster Secondary Collegesecondary · 7-12 · CoEd

Foster at a glance

Full suburb profile
Population
2,044
Median age
59
Household income
$975/wk
Median rent
$240/wk
Median mortgage
$1,348/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Foster price trend

Median sold · House 3 bed

Compound growth -1.0% / yr over 4 yrs

$525kcurrent median

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