SOLD
Sold on 14 Jun 2024 for $145,000

2071 Princes Highway
Nowa Nowa VIC 3887

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2498m2
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Property Details for 2071 Princes Hwy, Nowa Nowa

2071 Princes Hwy, Nowa Nowa is a 0 bedroom, 0 bathroom House. The property has a land size of 2498m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 0 bedroom House sold in Nowa Nowa in the last 12 months.

Building Type
House
Land Size
2498m2
Local Government
East Gippsland
Lot/Plan
1/PS446605

Last Listing description (August 2024)

Here is your opportunity to get into the property market at an affordable price, whilst being located centrally to everything beautiful East Gippsland has to offer. At nearly two-thirds of an acre (2498 m2), this property sure has plenty of room to place your dream home, shedding and for the children or grandchildren to play. The property is fully fenced and there are a variety of fruit trees and other plantings along the boundaries to further enhance the natural beauty of the area. There is also excellent soil for growing vegetables. Dual access to the property is available via the Princes Highway and from the rear via Ramsdel Court. This, combined with Township zoning, means the property may be suited to variety of uses including holiday units or cabins or even further subdivision (subject to regulatory approval).

The Nowa Nowa Boat ramp is located just over the road where you can launch a boat or kayak and access the sprawling Lake Tyers, famous for its flathead fishing. The Nowa Nowa Recreation Reserve is just across the road complete with sport and horse-riding facilities and access to the East Gippsland Rail Trail, running between Bairnsdale and Orbost, is only metres away!

For all your essentials the Nowa Nowa General Store and Post Office is located next door or enjoy a meal or coffee at the Mingling Waters Caravan Park Cafe, just a short walk down the road. For your weekly shop Aldi, Woolworths and Foodworks are located nearby at Lakes Entrance and East Gippsland's major rural hub of Bairnsdale is only around forty minutes' drive. For your medical needs, the Nowa Nowa Medical Centre is a short stroll away, with a GP visiting one day a week.

Like adventure? It's only a short drive and you're in the Victorian High Country, perfect for those that like to explore further afield. The Victorian snowfields are only around two hours' drive via the beautiful Tambo Valley and, the for the fishos, the fishing options are endless in this part of Victoria.

Don't miss your opportunity to purchase this unique property ready for your dream build.

Property History for 2071 Princes Hwy, Nowa Nowa, VIC 3887

A timeline of how this property has performed in the market
Last Sold
$145,000
14 Jun 2024
  • 14 Jun 2024
    Sold for $145,000
  • 10 Jan 2023
    Sold for $140,000
  • 26 Mar 2022
    Listed for Sale $149,000
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About Nowa Nowa 3887

The size of Nowa Nowa is approximately 237.9 square kilometres. It has 2 parks covering nearly 97.3% of total area. The population of Nowa Nowa in 2011 was 338 people. By 2016 the population was 195 showing a population decline of 42.3% in the area during that time. The predominant age group in Nowa Nowa is 50-59 years. Households in Nowa Nowa are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Nowa Nowa work in a labourer occupation. In 2011, 82% of the homes in Nowa Nowa were owner-occupied compared with 70.9% in 2016..

Nowa Nowa has 192 properties. Over the last 5 years, Houses in Nowa Nowa have seen a 87.28% increase in median value, while Units have seen a 129.09% increase. As at 30 November 2024:

  • The median value for Houses in Nowa Nowa is $525,729 while the median value for Units is $266,379.
There are currently 3 properties listed for sale, and no properties listed for rent in Nowa nowa on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Nowa nowa.

Suburb Insights for Nowa Nowa 3887

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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.