25 Peppercorn Way, Nicholson is a 4 bedroom, 2 bathroom House and was built in 2023. The property has a land size of 3729m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Lot 22 Peppercorn Way, Peppercorn Rise, Nicholson represents the latest and finest development in rural living in East Gippsland. The first three stages at Peppercorn Rise proved to be stunningly popular, leading to the release of the final two stages.
Stages 4 & 5 at Peppercorn Rise comprises 21 lots, ranging in size from 2302m to 5052 m. These lots currently represent the best value in rural residential land sales in East Gippsland.
Blocks available now on Peppercorn Way and Meadow Court have town services available, which includes town sewer connection, town water and power. The subdivision will also incorporate sealed road access, maintained reserves with walking tracks with links to the rail trail.
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:
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