OFF MARKET

19 Southon Terrace
Nicholson VIC 3882

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 956m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for Lot S2/19 Southon Tce, Nicholson

Lot S2/19 Southon Tce, Nicholson is a 0 bedroom, 0 bathroom House. The property has a land size of 956m2.

Building Type
House
Land Size
956m2
Local Government
East Gippsland
Lot/Plan
S2/PS824715

Last Listing description (December 2022)

Lot 45 Nicholson River Estate

Following on from the successful development of Stage 1 of the Nicholson River Estate (with housing construction already underway), development of Stage 2 is about to commence. There are 40 lots in Stage 2 ranging in size from 819m2 to 2339m2. Titles are expected to be issued in June, 2022 leaving buyers plenty of time to plan their dream home.

The township of Nicholson is located on the banks of the Nicholson River, around 10 minutes' east of the major rural hub of Bairnsdale. Nicholson has a General Store, Post Office, Caravan Park, Hotel with Bottleshop, V-Line Bus Stop and a River Reserve with fishing platforms and an excellent boat ramp. The ramp provides boating access to the largest inland network of waterways in Australia, the Gippsland Lakes. The seaside village of Metung is only a short drive away, whilst Lakes Entrance and surf beaches are around twenty minutes' drive.

The estate itself has a footpath and walking track network which links up with the East Gippsland Rail Trail which runs for 94 km between Bairnsdale and Orbost. There is underground power, mains water, phone, sewer and the NBN is available. There are two reserves in the estate and Hebbard Park is only a short walk away.

Lot 45 is located on the western side of Southon Terrace in the middle of the estate. At nearly a quarter of an acre (956m2), with nearly 23m of frontage, there's plenty of room on the property for placement of a home whilst still allowing for side access to a shed at the rear and plenty of room for the children or grandchildren to play. This block has the added advantage of being quite flat. Don't miss your opportunity to be part of this exciting new development. Blocks are selling fast so get in early to avoid disappointment. Secure your block with as little as 5% initial deposit. Early settlement discounts also apply (please contact us for further details).

Property Code: 178

Property History for Lot S2/19 Southon Tce, Nicholson, VIC 3882

A timeline of how this property has performed in the market
  • 30 Sep 2021
    Listed for Sale $224,250

Commute Calculator

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 61 properties listed for sale, and no properties listed for rent in Nicholson on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Nicholson.

Suburb Insights for Nicholson 3882

Market Insights
Nicholson Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Nicholson Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.