SOLD
Sold on 29 Aug 2024 for $590,000

8 Ellasville Road
Nicholson VIC 3882

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 141m2
Land area: 19900m2
Sold By
OBrien Real Estate Bairnsdale
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Property Details for 8 Ellasville Rd, Nicholson

Building Type
Rural
Year Built
1990
Floor Size
141m2
Land Size
19900m2
Local Government
East Gippsland
Lot/Plan
3/PS313603

Last Listing description (October 2024)

Ideally positioned in a central location within close proximity to some of the regions' best natural waterways, this five-acre bush retreat offers space, privacy, and a freshly renovated home that includes generous internal space, two bathrooms and fantastic outdoor living.

Tucked away at the rear of the block, perched above the central dam, the two-bedroom home seems small in stature but is big on inclusions! A generous main bedroom, cozy living and main bathroom look over scenic views of the property, a huge kitchen with adjoining dining access with the newly built deck, while the second bedroom offers an ensuite with access off the home's oversize entry.

Externally, the property features moderate shedding comprising a double carport, hardwood garden shed, plus workshop with concrete floor and power, all set amongst the natural bush and surrounding farmland. Secure fencing, dam and town water add the finishing touches on this perfect property ready for its new owner.

Centrally located to the popular tourist towns of Metung and Lakes Entrance, and just a short 15 minute drive into Bairnsdales' CBD, 8 Ellasville Road presents numerous options as a weekend holiday getaway, Air BnB or permanent residence with nothing left to do but enjoy your surrounds.

View the Due Diligence Checklist: consumer.vic.gov.au/duediligencechecklist

Property History for 8 Ellasville Rd, Nicholson, VIC 3882

A timeline of how this property has performed in the market
Last Sold
$590,000
29 Aug 2024
Listed for Rent
$310/w
24 Mar 2020
  • 29 Aug 2024
    Sold for $590,000
  • 23 Mar 2024
    Listed for Sale $630,000
  • 02 Oct 2020
    Sold for $380,000
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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.

Suburb Insights for Nicholson 3882

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.