SOLD
RECENT ADVICE
Sold on 08 Jul 2024 for $145,000

5 Nielsen Way
East Bairnsdale VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 671m2
Sold By
OBrien Real Estate Bairnsdale
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Property Details for 5 Nielsen Way, East Bairnsdale

5 Nielsen Way, East Bairnsdale is a 0 bedroom, 0 bathroom House. The property has a land size of 671m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 0 bedroom House sold in East Bairnsdale in the last 12 months.

Building Type
House
Land Size
671m2
Local Government
East Gippsland
Lot/Plan
4/PS818361

Last Listing description (August 2024)

Located in one of Bairnsdale's most recent developments offering affordable residential allotments, you will find this spacious 671m2 (approx) block of level land. Located only minutes from the Bairnsdale CBD and surrounding amenities, this allotment really is an opportunity you cannot miss, with titles in place it is ready for you to build the home or investment property you have been dreaming of.

Take advantage of this rare blank canvas of opportunity and get in contact with Sean Sabell on 0437 898 426 today!

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Property History for 5 Nielsen Way, East Bairnsdale, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$145,000
08 Jul 2024
  • 08 Jul 2024
    Sold for $145,000
  • 02 Jul 2024
    Sold for $145,000
  • 19 Jun 2024
    Listed for Sale $160,000
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About East Bairnsdale 3875

The size of East Bairnsdale is approximately 13 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of East Bairnsdale in 2011 was 1,299 people. By 2016 the population was 1,288 showing a population decline of 0.8% in the area during that time. The predominant age group in East Bairnsdale is 60-69 years. Households in East Bairnsdale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in East Bairnsdale work in a labourer occupation. In 2011, 55% of the homes in East Bairnsdale were owner-occupied compared with 58.2% in 2016.

East Bairnsdale has 814 properties. Over the last 5 years, Houses in East Bairnsdale have seen a 70.28% increase in median value, while Units have seen a 54.41% increase. As at 31 July 2024:

  • The median value for Houses in East Bairnsdale is $447,698 while the median value for Units is $343,715.
  • Houses have a median rent of $480 while Units have a median rent of $240.
There are currently 18 properties listed for sale, and 4 properties listed for rent in East bairnsdale on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in East bairnsdale.

Suburb Insights for East Bairnsdale 3875

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.