12 Southon TerraceNicholson VIC 3882
Property Details for 12 Southon Tce, Nicholson
Last Listing description (October 2024)
Imagine building the home you've always dreamed of in this premier residential subdivision nestled along the banks of the picturesque Nicholson River in Nicholson, East Gippsland. This remarkable opportunity awaits you just a stone's throw away from the breath taking East Gippsland Rail Trail, offering endless kilometers of well-maintained trails through the idyllic rural landscape.
Convenience is at your doorstep, as this property is within easy walking distance to the modern Nicholson General Store, the welcoming Nicholson Hotel, and the nearby boat ramp granting you easy access to the tranquil Nicholson River.
Property History for 12 Southon Tce, Nicholson, VIC 3882
- 25 Sep 2024Sold for $232,500
- 09 Aug 2024Listed for Sale $240,000
- 03 Aug 2021Sold for $199,950
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0About Nicholson 3882
The size of Nicholson is approximately 70 square kilometres. The population of Nicholson in 2011 was 955 people. By 2016 the population was 1,116 showing a population growth of 16.9% in the area during that time. The predominant age group in Nicholson is 60-69 years. Households in Nicholson are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nicholson work in a trades occupation. In 2011, 85.2% of the homes in Nicholson were owner-occupied compared with 85.9% in 2016.
Nicholson has 922 properties. Over the last 5 years, Houses in Nicholson have seen a 68.09% increase in median value. As at 30 November 2024:
- The median value for Houses in Nicholson is $733,047 while the median value for Units is $357,326.
- Houses have a median rent of $315.
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