FOR SALE
$265,000

256 Nicholson Street
Orbost VIC 3888

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 761m2
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ENTER THE MARKET WITH THIS ONE

FANTASTIC OPPORTUNITY TO SECURE A HOME AT AN ENTRY LEVEL PRICE POINT, THIS PROPERTY WILL MAKE A GREAT START FOR FIRST HOME BUYERS WITH ITS 2 BEDROOM LAYOUT, OR, BREAK INTO THE INVESTMENT SCENE AND MAKE THIS THE FIRST OF YOUR PORTFOLIO.
This 2-bedroom Workers Cottage has recently undergone some significant upgrades which include a switchboard upgrade, new roof on the Eastern side of the home and a brand-new front veranda giving it a great street appeal! With a 2-bedroom layout, the home is perfect for first home buyers, downsizers, or it has been a great investment for the current owners as a rental. Set on a 760 square meter block towards the northern end of Nicholson Street you are still within a comfortable 1.3Km or 15-minute walk into the town centre for shopping, schools, medical needs and more.
Property Features:
• 761 Square Meter Block (Plenty of room in the back yard)
• Spacious Living Areas, Combined Kitchen & Dining
• 2 Well Sized Bedrooms (Master Has Built in Robes)
• Combined Bathroom & Laundry
• Wood Fire & Split System Air Conditioning
• Solar Panels & Inverter Installed
• Undercover Parking
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Property Details for 256 Nicholson St, Orbost

256 Nicholson St, Orbost is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 761m2. The place is currently for sale with Elders Real Estate Orbost.

Building Type
House
Land Size
761m2

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About Orbost 3888

The size of Orbost is approximately 208.6 square kilometres. It has 9 parks covering nearly 86.4% of total area. The population of Orbost in 2011 was 2,493 people. By 2016 the population was 2,231 showing a population decline of 10.5% in the area during that time. The predominant age group in Orbost is 60-69 years. Households in Orbost are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Orbost work in a labourer occupation. In 2011, 69% of the homes in Orbost were owner-occupied compared with 69.9% in 2016.

Orbost has 1,628 properties. Over the last 5 years, Houses in Orbost have seen a 75.04% increase in median value, while Units have seen a 69.10% increase. As at 30 September 2024:

  • The median value for Houses in Orbost is $316,290 while the median value for Units is $275,788.
  • Houses have a median rent of $360.
There are currently 29 properties listed for sale, and no properties listed for rent in Orbost on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in Orbost.

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Luke Oakley
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Elders Real Estate Orbost
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