Situated in the Historical township of Nebo, a short walk to the Primary School, Post Office, Store, Medical Centre & Show Grounds can be found this unique opportunity to buy the cheapest block around this area. The block is fenced along the back end, with no back neighbours now or in the further. Power, water & sewage ready to hook up at the front of the block & there is a cul-de-sac towards the side of the block, which will reduce traffic past.
So now is the time to act, with prices like this not seen before & the first home Buyers Grant of $20,000, maybe being reduced after December 31st this year.
The size of Nebo is approximately 876.9 square kilometres. It has 5 parks covering nearly 2.5% of total area. The population of Nebo in 2011 was 841 people. By 2016 the population was 756 showing a population decline of 10.1% in the area during that time. The predominant age group in Nebo is 30-39 years. Households in Nebo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nebo work in a machinery operators and drivers occupation. In 2011, 50.7% of the homes in Nebo were owner-occupied compared with 48.9% in 2016.
Nebo has 604 properties. Over the last 5 years, Houses in Nebo have seen a 91.55% increase in median value, while Units have seen a 233.08% increase. As at 31 October 2024:
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