171 Nelson StreetNhill VIC 3418
Property Details for 171 Nelson St, Nhill
171 Nelson St, Nhill is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 892m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (April 2022)
If you are considering entering into the investment market then this property is worth considering. Currently leased to a reliable tenant, this property has a solid return of approximately 6.7% with flexibility to increase. The home features 3 bedrooms, lounge with wood heating and ducted evaporative cooling. The kitchen has electric cooking and 2nd pot belly stove/heater. The bathroom offers shower over bath, separate toilet and separate outdoor laundry. The rear yard has entertaining area, excellent shed and also single garage attached to the house and side lane access.
Property History for 171 Nelson St, Nhill, VIC 3418
- 07 Apr 2022Sold for $137,000
- 28 Feb 2022Listed for Sale $139,000
- 26 Feb 2020Sold for $92,000
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0About Nhill 3418
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:
- The median value for Houses in Nhill is $221,148 while the median value for Units is $304,098.
- Houses have a median rent of $315.
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