OFF MARKET

22 Southon Terrace
Nicholson VIC 3882

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 1042m2
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Property Details for 22 Southon Tce, Nicholson

22 Southon Tce, Nicholson is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1042m2.

Building Type
House
Land Size
1042m2
Local Government
East Gippsland

Last Listing description (October 2023)

Nicholson River Estate, stage 2 release following on from the very successful and beautiful
stage 1. This stage has 40 Lots and 5 with direct river frontage to the magnificent Nicholson River.
A great selection of lots ranging from 819m2 to 2,339m2. Many having great views of the river

and the old rail bridge. Just walk your canoe to the river edge to paddle, swim or fish and more.
Services, underground electricity, water, telephone and sewerage.
This is the only new estate in Nicholson that has town sewer. The township of Nicholson has
a modern General Store and Post Office for supplies with more significant items being
obtainable from Bairnsdale, only 10 minutes away. Also, Lakes Entrance to the east.
Blocks can be secured with 5% deposit on signing and a further 5% payable on 1/03/2022.
Registration of Titles anticipated to be on 01/06/2022.
For lots priced under $300,000, a discount of $500 per month for every month prior to
01/06/2022 that Settlement occurs. For lots priced at $300,000 or more, a discount of
$1,000 per month for every month prior to 01/06/2022 that Settlement occurs.

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Property History for 22 Southon Tce, Nicholson, VIC 3882

A timeline of how this property has performed in the market
  • 25 Aug 2023
    Listed for Sale Not Disclosed
  • 26 Sep 2021
    Listed for Sale $241,950
  • 29 May 2019
    Listed for Sale 1025m2 $165,000

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About 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 914 properties. Over the last 5 years, Houses in Nicholson have seen a 94.56% increase in median value. As at 31 October 2024:

  • The median value for Houses in Nicholson is $768,669 while the median value for Units is $333,371.
  • Houses have a median rent of $315.
There are currently 62 properties listed for sale, and no properties listed for rent in Nicholson on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Nicholson.

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