FOR SALE
$820,000 - $902,000

17 Hewson Street
Nyora VIC 3987

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 8089m2
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Exceptional Investment Opportunity in a Thriving Town

We are delighted to present this remarkable property, strategically situated in the very heart of the township. Zoned for general residential use, this versatile asset offers a range of possibilities.
The generous 8,089m2 (approx) square meter lot provides ample room for exploration. Subject to the necessary council approvals, you may consider subdividing the land to maximise its potential.
Alternatively, this property presents an excellent long-term investment opportunity, positioning you to capitalise on the substantial growth anticipated in this burgeoning area. Additionally, the current tenancy ensures a steady rental income stream for your portfolio.
The property's location is nothing short of exceptional. Situated in close proximity to the primary school, public hall, tennis club, and raceway, it also benefits from convenient access to the main freeway, ensuring seamless connectivity.
What truly sets this opportunity apart is the town's trajectory. With plans in development for new commercial and infrastructure projects, the value of this asset is poised to appreciate significantly. This is an exceptional chance to get ahead of the curve and secure a foothold in a thriving market.
We highly recommend arranging an inspection to discuss the full scope of this investment opportunity and how it may align with your objectives.
Please contact us further for more information
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Property Details for 17 Hewson St, Nyora

Building Type
Land
Land Size
8089m2

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About Nyora 3987

The size of Nyora is approximately 79.7 square kilometres. It has 3 parks. The population of Nyora in 2011 was 1,332 people. By 2016 the population was 1,508 showing a population growth of 13.2% in the area during that time. The predominant age group in Nyora is 40-49 years. Households in Nyora are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nyora work in a trades occupation. In 2011, 86.2% of the homes in Nyora were owner-occupied compared with 85.4% in 2016.

Nyora has 800 properties. Over the last 5 years, Houses in Nyora have seen a 94.52% increase in median value, while Units have seen a 105.00% increase. As at 31 August 2024:

  • The median value for Houses in Nyora is $1,063,680 while the median value for Units is $487,895.
  • Houses have a median rent of $255.
There are currently 31 properties listed for sale, and no properties listed for rent in Nyora on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Nyora.

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