3 Banksia Rise, Foster, VIC 3960 | Property Value & History | OnTheHouse
OFF MARKET

3 Banksia Rise
Foster VIC 3960

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 117m2
Land area: 706m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 31 Aug 2026
Low

High
Save

Property Details for 3 Banksia Rise, Foster

3 Banksia Rise, Foster is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2025. The property has a land size of 706m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
2025
Floor Size
117m2
Land Size
706m2
Local Government
South Gippsland
Lot/Plan
42/PS704469

Last Listing description (June 2026)

Be the first to live in this beautifully presented, low maintenance 7-star energy rated home!
Enjoy waking to the panoramic vista from the elevated position with sweeping views over the Foster township and Hoddle Ranges.

*FIRST HOME BUYERS TAKE NOTE!

Take advantage of the new Federal Government first home buyers scheme to come into effect on 1st October 2025. First home buyers that qualify, could own this home with as little as 5% deposit whilst also avoiding costly lenders insurance! In addition, first home buyers can take advantage of the $10,000 First Home Owner Grant (FHOG). Calculated stamp duty on this property is $11,109* (*Source: State Revenue Office stamp duty calculator), and eligible pensioners or concession card holders may benefit from stamp duty exemption.
Key Features:
Open plan kitchen and dining with stone benchtops, upgraded stainless steel appliances and walk in pantry
Spacious open plan living with modern colour palette and styling throughout the home
3 bedrooms, main with walk in robe and separate ensuite
Family bathroom with shower and separate bath
Separate second toilet
Electric roller door double garage with direct home entry and rear door access to the backyard
Energy efficient home with 7-star energy rating, double glazing, and solar hot water
Maintain consistent comfort year round with climate control ducted heating and cooling
Professionally landscaped low maintenance gardens, paths and retaining wall areas.

*INVESTORS TAKE NOTE:
Rental demand is strong in the area. Our office rental estimate on this property could potentially realise a return of up to 4.5% (gross yield assuming a per week rent of $560) in addition to a generous depreciation opportunity with a new home.

Benefits of buying a brand new home include warranties such as:
Steel Frame Construction Backed by a 50 year structural warranty, ensuring lasting durability.
Colorbond Steel Roof: Protected by a 45-year warranty.
Double-Glazed Windows: Covered by a 10-year warranty for added comfort and insulation.
Builders Warranty Insurance offering added peace of mind.

Whether you're starting your home ownership journey, seeking a peaceful retirement retreat, or securing a smart investment, this property is ready to impress.

Don't miss the opportunity to own this beautiful brand new home in Foster. Contact Wendy Gregson at Ray White Foster for further information or to arrange an inspection

Property History for 3 Banksia Rise, Foster, VIC 3960

A timeline of how this property has performed in the market
Last Sold
$139,000
06 Jul 2021
Listed for Rent
22 May 2026
  • 01 May 2026
    Listed for Rent $620 / week
  • 16 Apr 2025
    Listed for Sale $639,000
  • 28 Nov 2022
    Listed for Sale $229,000
Sign in to see more transactions
Commute Calculator

About Foster 3960

The size of Foster is approximately 116.3 square kilometres. There are 7 parks, covering nearly 1.3% of the total area. The population of Foster in 2016 was 1842 people. By 2021 the population was 2044 showing a population growth of 11.0% in the area during that time. The predominant age group in Foster is 60-69 years. Households in Foster are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Foster work in a professional occupation.In 2021, 75.10% of the homes in Foster were owner-occupied compared with 73.10% in 2016.

Foster has 1,524 properties. Over the last 5 years, Houses in Foster have seen a 7.99% increase in median value, while Units have seen a 8.24% increase. As at 31 July 2026:

  • The median value for Houses in Foster is $534,742 while the median value for Units is $439,103.
  • Houses have a median rent of $400 while Units have a median rent of $350.
There are currently 19 properties listed for sale, and no properties listed for rent in Foster on OnTheHouse. According to Cotality's data, 53 properties were sold in the past 12 months in Foster.

Suburb Insights for Foster 3960

Market Insights
Foster Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Foster Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.