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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Population
Foster has seen population growth performance typically on par with national averages when looking at short and medium term trends
Foster's population, as of November 2025, is approximately 9,756 people. This represents an increase of 310 individuals since the 2021 Census, which reported a population of 9,446. The growth is inferred from ABS estimates: 9,645 residents in June 2024 and 174 new addresses validated after the census date. This results in a density ratio of 6.5 persons per square kilometer. Foster's 3.3% population growth since the Census compares favorably with non-metro areas' average growth of 6.0%. Overseas migration contributed approximately 51.9% of overall population gains recently.
AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For uncovers areas, it employs VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, Foster's population is projected to decrease by 1,223 persons. However, the 25 to 34 age group is expected to grow by 250 individuals during this period.
Frequently Asked Questions - Population
Development
Recent residential development output has been above average within Foster when compared nationally
Foster has experienced approximately 83 dwelling approvals per year. Over the past five financial years, from FY21 to FY25415 homes were approved, with an additional 17 approved in FY26 so far. On average, each new dwelling constructed over these years accommodates about 1.2 new residents annually.
This suggests a balanced supply and demand dynamic, with stable market conditions. The average construction value of new properties is $322,000. In the current financial year, commercial approvals totaling $11.0 million have been registered, indicating steady commercial development activity.
Compared to other Victorian areas, Foster experiences about three-quarters the building activity per person, placing it within the 70th percentile nationally for assessed areas. New developments primarily consist of detached dwellings (96.0%) with a smaller proportion of townhouses or apartments (4.0%), maintaining the area's low-density character and attracting space-seeking buyers. Foster has approximately 193 people per dwelling approval, reflecting its low-density market. With population stability or decline expected, housing pressure is likely to remain relatively low, potentially presenting buying opportunities.
Frequently Asked Questions - Development
Infrastructure
Foster has emerging levels of nearby infrastructure activity, ranking in the 22ndth percentile nationally
The performance of an area can significantly be influenced by changes to local infrastructure, major projects, and planning initiatives. AreaSearch has identified six projects that are expected to impact the area. Notable projects include Great Southern Rail Trail Leongatha Precinct Development, Parr Street Leongatha Rezoning and Subdivision, Leongatha Battery Energy Storage System (BESS), and Wyndham Garden Inverloch. The following list details those projects likely to be most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Marinus Link
Marinus Link is a 1,500 MW (2 x 750 MW) high-voltage direct current (HVDC) electricity and telecommunications interconnector between north-west Tasmania and the Latrobe Valley in Victoria. Stage 1 (750 MW) comprises approximately 255 km of subsea HVDC cable across Bass Strait and 90 km of underground HVDC cable in Gippsland, with converter stations at Heybridge (TAS) and Hazelwood (VIC). Early works and major procurement contracts are in place, with main construction now underway for a target energisation in 2030.
Victorian Desalination Plant Expansion
Recommended expansion of the existing desalination plant to increase water production capacity in response to climate change and growing demand, potentially supplying up to 65% of Melbourne's water from manufactured sources by 2050. The current plant can produce 150 GL per year, with potential for expansion to 200 GL.
Gippsland Dawn Offshore Wind Project
Formerly known as the Greater Gippsland Offshore Wind Project. BlueFloat Energy and Energy Estate proposed a ~2,100 MW bottom-fixed offshore wind farm in Bass Strait with grid connection into the Latrobe Valley. The project received a Commonwealth feasibility licence in July 2024 but BlueFloat surrendered the licence and cancelled the project in mid-July 2025. As of now it is not proceeding. This record is kept for reference only.
Star of the South Offshore Wind Farm
Star of the South is an up to 2.2 GW offshore wind project proposed in a 586 square kilometre licence area in Bass Strait, around 7 to 25 km off the south Gippsland coast in Victoria. The project would install up to 150 seabed fixed turbines and offshore substations, with subsea cables bringing power ashore near Reeves Beach and underground transmission connecting to the VicGrid connection hub in the Latrobe Valley. Star of the South holds a Commonwealth feasibility licence and is in advanced environmental assessment, with a combined EIS EES in preparation and a program of 25 technical studies covering environmental, social, economic and planning impacts. Pending approvals and a successful Victorian offshore wind auction process, the project is targeting first power around 2030 and has the potential to power about 1.2 million homes, support thousands of jobs and provide around 20 percent of Victorias electricity needs.
Cape to Cape Resilience Project
The Cape to Cape Resilience Project is focused on building coastal resilience from Cape Paterson to Cape Liptrap by addressing erosion and inundation hazards through scientific assessments, community engagement, and adaptive planning. The project is currently implementing on-ground works including dune reconstruction and beach nourishment at Inverloch Surf Beach, funded by $3.3 million from the Australian Government.
Inverloch to Wonthaggi Trail Project
Delivery of a 14 kilometre inland shared cycling and walking path linking Inverloch and Wonthaggi. The route starts near Inverloch Surf Life Saving Club, follows Goroke Street and Drowleys Road reserves, and connects to the Bass Coast Rail Trail at Wonthaggi. Current construction includes gravel sections, boardwalks, and upcoming signage and landscaping. Total budget approx $7.7m (including $3m Growing Suburbs Fund). Target completion mid 2026.
Leongatha Battery Energy Storage System (BESS)
A proposed 60MW/240MWh battery energy storage system on 4.5 acres to enhance grid stability, support renewable energy integration, featuring 42 BESS containers and 14 inverters, located near high-voltage transmission lines with minimal new infrastructure required.
Regional Housing Fund Gippsland
Part of Victorian Government's $1 billion Regional Housing Fund delivering over 1,300 new homes across regional Victoria including Gippsland. Mix of social and affordable housing developed through collaboration with councils and communities.
Employment
While Foster retains a healthy unemployment rate of 3.2%, recent employment declines have impacted its national performance ranking
Foster's workforce comprises skilled individuals with diverse industry representation. As of June 2025, Foster's unemployment rate is 3.2%.
In this month, 4,341 residents are employed while the unemployment rate is 0.6% lower than Rest of Vic.'s rate of 3.8%. Workforce participation in Foster stands at 50.7%, compared to Rest of Vic.'s 57.4%. Dominant employment sectors include agriculture, forestry & fishing, health care & social assistance, and construction. Foster shows strong specialization in agriculture, forestry & fishing with an employment share of 2.9 times the regional level.
However, health care & social assistance has limited presence with 12.8% employment compared to 16.8% regionally. The area may offer limited local employment opportunities, as suggested by Census working population vs resident population counts. Between June 2024 and May 2025, Foster's labour force decreased by 0.8%, with a concurrent 1.2% employment decline, leading to an unemployment rise of 0.4 percentage points. In contrast, Rest of Vic.'s employment contracted by 0.9%, labour force fell by 0.4%, and unemployment rose by 0.4 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 project a 6.6% increase in employment over five years and 13.7% over ten years. Applying these projections to Foster's employment mix suggests local growth of approximately 5.7% over five years and 12.2% over ten years, though these figures are illustrative extrapolations not accounting for local population changes.
Frequently Asked Questions - Employment
Income
Income metrics place the area in the bottom 10% of locations nationally according to AreaSearch analysis
Foster's median taxpayer income is $40,360, with an average of $53,806, based on latest postcode level ATO data aggregated by AreaSearch for the financial year 2022. This is lower than national averages, contrasting with Rest of Vic.'s median income of $48,741 and average income of $60,693. As of September 2025, current estimates would be approximately $45,268 (median) and $60,349 (average), accounting for Wage Price Index growth of 12.16% since financial year 2022. According to the 2021 Census, incomes in Foster fall between the 8th and 14th percentiles nationally. The largest income segment comprises 27.5% earning $800 - $1,499 weekly (2,682 residents), differing from regional levels where the $1,500 - $2,999 bracket leads at 30.3%. Despite modest housing costs with 88.8% of income retained, Foster's total disposable income ranks at just the 13th percentile nationally. The area's SEIFA income ranking places it in the 4th decile.
Frequently Asked Questions - Income
Housing
Foster is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
In Foster, as assessed in the most recent Census, 95.7% of dwellings were houses, with the remaining 4.3% being semi-detached homes, apartments, or other types. This is compared to Non-Metro Vic., where 93.3% of dwellings were houses and 6.7% were other types. Home ownership in Foster stood at 56.1%, with mortgaged properties making up 28.9% and rented dwellings comprising 15.0%. The median monthly mortgage repayment in the area was $1,300, lower than Non-Metro Vic.'s average of $1,450. Weekly rent in Foster was recorded at $250, compared to Non-Metro Vic.'s $295. Nationally, Foster's median monthly mortgage repayment is significantly lower than the Australian average of $1,863, while weekly rents are substantially below the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Foster features high concentrations of lone person households, with a lower-than-average median household size
Family households comprise 63.9% of all households, including 19.9% couples with children, 36.1% couples without children, and 7.3% single parent families. Non-family households make up the remaining 36.1%, with lone person households at 34.2% and group households comprising 1.9%. The median household size is 2.1 people, which is smaller than the Rest of Vic. average of 2.3.
Frequently Asked Questions - Households
Local Schools & Education
Educational outcomes in Foster fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment
The area's university qualification rate is 22.8%, significantly lower than Victoria's average of 33.4%. Bachelor degrees are the most common at 14.6%, followed by postgraduate qualifications (4.8%) and graduate diplomas (3.4%). Vocational credentials are prevalent, with 39.0% of residents aged 15+ holding them, including advanced diplomas (11.4%) and certificates (27.6%). A total of 24.3% of the population is actively engaged in formal education.
This includes 10.0% in primary, 7.3% in secondary, and 2.1% in tertiary education. Foster has a network of seven schools educating approximately 854 students, with typical Australian school conditions (ICSEA: 985). The area has six primary and one secondary school serving distinct age groups. School places per 100 residents are lower at 8.8 compared to the regional average of 13.0, indicating some students may attend schools in nearby areas.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is very low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Public transport analysis reveals ten active transport stops operating within Foster. These stops service a mix of buses running along three individual routes. Collectively, these routes provide sixty-eight weekly passenger trips.
Transport accessibility is rated as limited, with residents typically located 7923 meters from the nearest transport stop. Service frequency averages nine trips per day across all routes, equating to approximately six weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Foster is well below average with prevalence of common health conditions notable across both younger and older age cohorts
Health data indicates significant challenges in Foster. Common health conditions are prevalent across both younger and older age groups.
Private health cover is low at approximately 47% (around 4,585 people), compared to the national average of 55.3%. The most common medical conditions are arthritis (11.8%) and mental health issues (8.0%). About 61.3% of residents report no medical ailments, similar to the Rest of Vic's 61.6%. Foster has a higher proportion of seniors aged 65 and over at 31.8% (around 3,103 people), compared to Rest of Vic's 28.6%. Health outcomes among seniors are above average, outperforming general population health metrics.
Frequently Asked Questions - Health
Cultural Diversity
Foster is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics
Foster's cultural diversity was found to be below average, with 88.4% of its population being Australian citizens and 85.9% born in Australia. The majority spoke English only at home, accounting for 95.9%. Christianity was the predominant religion in Foster, practiced by 40.5% of the population.
Judaism, however, was slightly overrepresented compared to the rest of Victoria, with 0.1% of Foster's population identifying as such. In terms of ancestry, the top three groups were English (32.1%), Australian (30.5%), and Irish (10.1%). Notably, Dutch ancestry was overrepresented at 3.1%, compared to 2.5% regionally, while Scottish ancestry was also slightly higher at 9.7% versus 9.3%. German ancestry was marginally overrepresented at 3.3%, compared to the regional average of 3.0%.
Frequently Asked Questions - Diversity
Age
Foster ranks among the oldest 10% of areas nationwide
Foster's median age is 53, which is higher than Rest of Vic.'s figure of 43 and substantially exceeds the national norm of 38. Compared to Rest of Vic., Foster has a higher concentration of residents aged 65-74 (18.1%) but fewer residents aged 25-34 (7.8%). This 65-74 concentration is well above the national figure of 9.4%. Between the 2021 Census and the present, the 75 to 84 age group has increased from 9.2% to 10.7%, while the 15 to 24 cohort has risen from 7.9% to 9.1%. Conversely, the 55 to 64 cohort has declined from 17.6% to 15.9%, and the 65 to 74 group has dropped from 19.4% to 18.1%. By 2041, demographic projections indicate significant shifts in Foster's age structure. Notably, the 25 to 34 group is expected to grow by 24% (184 people), reaching 947 from 762. Meanwhile, the 0 to 4 and 45 to 54 cohorts are projected to experience population declines.