1/254 High StreetNagambie VIC 3608
Property Details for 1/254 High St, Nagambie
1/254 High St, Nagambie is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 530m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Last Listing description (April 2019)
Units 1-7, 254 High Street Nagambie
Located directly opposite the local IGA supermarket, and a short stroll to the popular 'Lake Nagambie', 254 High Street Nagambie is a solid investment opportunity offering 7 x 2 Bedroom units.
With Nagambie seeing continual growth and development with new businesses such as the new 'Nagambie Brewery & Distillery', new subdivisions, and many world-renowned winery's attracting tourism to the region, investing in Nagambie could be a sound and solid investment.
Units Comprising of:
- Combined Kitchen/Dining/Lounge area
- 2 bedrooms
- Rear Courtyard Areas
- Individual Carports
- All Electric
- Currently sitting at 100% occupancy rate.
Two titles, 1928m2 and enormous potential for development (land at rear for further units) or subdivision (STCA).
Property Code: 305
Property History for 1/254 High St, Nagambie, VIC 3608
- 12 Jun 2019Sold for $145,000
- 25 Feb 2019Listed for Sale $1,200,000 - Negotiable!
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0About Nagambie 3608
The size of Nagambie is approximately 144.9 square kilometres. It has 8 parks covering nearly 0.6% of total area. The population of Nagambie in 2011 was 1,547 people. By 2016 the population was 1,863 showing a population growth of 20.4% in the area during that time. The predominant age group in Nagambie is 60-69 years. Households in Nagambie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nagambie work in a managers occupation. In 2011, 66.8% of the homes in Nagambie were owner-occupied compared with 70.9% in 2016.
Nagambie has 1,768 properties. Over the last 5 years, Houses in Nagambie have seen a 54.29% increase in median value, while Units have seen a 55.03% increase. As at 31 October 2024:
- The median value for Houses in Nagambie is $603,524 while the median value for Units is $414,303.
- Houses have a median rent of $495 while Units have a median rent of $310.
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