121 Macpherson St, Nhill is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 595m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in March 2018.
This property features a three bedroom home and double fronted shop, both providing a reliable income and all just stones throw from main CBD. The house is located at the rear of the property and comprises three good sized bedrooms plus an office or storage room, open kitchen & dining area with gas cooking and wood stove, lounge with wood heating and reverse cycle spilt system, neat bathroom & laundry and separate toilet. The shop fronts Macpherson Street and receives a good steady income and has been leased to the same tenant for over 25 years. The full package currently receives over a 9% rental return, be quick as opportunities like these are rare.
The size of Nhill is approximately 942.8 square kilometres. It has 6 parks covering nearly 0.1% of total area. The population of Nhill in 2011 was 2,277 people. By 2016 the population was 2,187 showing a population decline of 4.0% in the area during that time. The predominant age group in Nhill is 50-59 years. Households in Nhill are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Nhill work in a labourer occupation. In 2011, 75.9% of the homes in Nhill were owner-occupied compared with 75.7% in 2016.
Nhill has 1,560 properties. Over the last 5 years, Houses in Nhill have seen a 88.40% increase in median value, while Units have seen a 68.28% increase. As at 31 October 2024:
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