FOR SALE
$272,500

Lot 31 Lot 31 Southon Terrace
Nicholson VIC 3882

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 856m2
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MAJESTIC VIEW OF THE MIGHTY NICHOLSON RIVER(Developer offer: $30k cash rebate for the purchaser. Ts&Cs apply)

This stage has absolute river frontage to the magnificent Nicholson River with a great selection of lots ranging from
819m2 to 2,339m2.
All lots having great views of the river with a handful having direct river frontage.
All lots have underground electricity, water, telephone and sewerage. This is the only estate in the precinct which
has sewerage, with all others requiring septic tanks.
The township of Nicholson is on the Princes Highway and situated on the banks of the majestic Nicholson River.
The township of Nicholson has a General Store for supplies with more significant items being obtainable from
Bairnsdale which is only a short drive.
The closest significant towns are Bairnsdale to the west and Lakes Entrance to the east.
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Property Details for Lot 31 Lot 31 Southon Terrace, Nicholson

Building Type
Land
Land Size
856m2

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About Nicholson 3882

The size of Nicholson is approximately 70 square kilometres. The population of Nicholson in 2011 was 955 people. By 2016 the population was 1,116 showing a population growth of 16.9% in the area during that time. The predominant age group in Nicholson is 60-69 years. Households in Nicholson are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nicholson work in a trades occupation. In 2011, 85.2% of the homes in Nicholson were owner-occupied compared with 85.9% in 2016.

Nicholson has 922 properties. Over the last 5 years, Houses in Nicholson have seen a 68.09% increase in median value. As at 30 November 2024:

  • The median value for Houses in Nicholson is $733,047 while the median value for Units is $357,326.
  • Houses have a median rent of $315.
There are currently 76 properties listed for sale, and 1 property listed for rent in Nicholson on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Nicholson.

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Jennifer Ward
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Bret Ward
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Bret Ward Real Estate
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