59 Morpung AvenueNichols Point VIC 3501
Property Details for 59 Morpung Ave, Nichols Point
Last Listing description (March 2020)
Perfect location of this 1 1/4 acre (4930m2 approx) parcel of land in the Nichols Point and Irymple precinct will attract plenty of interest.
The older style weatherboard home gives potential purchasers the option to renovate or eventually build your dream home. The home consists of 3 bedrooms, 1 bathroom, large formal lounge and is serviced by evaporative cooling and combustion/gas heating with the bonus of town water.
Externally the property boasts a newly constructed zinc shed (9m x 6m) with power and evaporative cooling.
Appraised to rent in the vicinity of $250 per week.
* Property located at corner of Eleventh Street & Morpung Avenue
Property History for 59 Morpung Ave, Nichols Point, VIC 3501
- 25 Feb 2020Sold for $270,000
- 10 Dec 2019Listed for Sale $260,000 - $286,000
- 01 Mar 2018Sold for $210,000
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0About Nichols Point 3501
The size of Nichols Point is approximately 23.7 square kilometres. It has 4 parks covering nearly 57.2% of total area. The population of Nichols Point in 2011 was 1,463 people. By 2016 the population was 1,532 showing a population growth of 4.7% in the area during that time. The predominant age group in Nichols Point is 10-19 years. Households in Nichols Point are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nichols Point work in a managers occupation. In 2011, 81.8% of the homes in Nichols Point were owner-occupied compared with 84.7% in 2016.
Nichols Point has 745 properties. Over the last 5 years, Houses in Nichols Point have seen a 49.00% increase in median value. As at 31 October 2024:
- The median value for Houses in Nichols Point is $669,439 while the median value for Units is $235,779.
- Houses have a median rent of $325.
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