OFF MARKET

24 Nicholson Street
Nunawading VIC 3131

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 130m2
Land area: 729m2
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Property Details for 24 Nicholson St, Nunawading

24 Nicholson St, Nunawading is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 729m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
1960
Floor Size
130m2
Land Size
729m2
Local Government
Whitehorse
Lot/Plan
52/LP9978

Last Listing description (November 2022)

Youre not in the business of wasting time, so when an opportunity presents itself to snap up an exciting parcel of land already boasting the stamp of approval to develop, its as if this opportunity was made for you.

With all the tiresome work involved in getting plans and permits approved done and dusted, the only job left on the To Do list is to decide on a construction start date its that easy!


Currently occupying this prized 729sqm (approx.) development site is an original three-bedroom blonde brick home, which offers a current-day picture of charm and therefore the opportunity to move in and call it home in the short-term before embarking on your development journey.

Featuring a classic interior with generous living and dining rooms, bright retro kitchen with built-in diner-style seating, central bathroom, high ceilings with decorative cornices, a mix of Tasmanian Oak floorboards and parquetry floors and a single lock-up garage, theres also scope to lease it out to generate a passive income stream until youre ready to build.

Enhancing the appeal of this first-class find is the five-star location, which is central to Nunawading train station, local buses, excellent schools, Nunawading Library, Walker Park, the Eastern Freeway/Eastlink, Eastland Shopping Centre and Nunawadings famed Golden Mile shopping precinct.

Property History for 24 Nicholson St, Nunawading, VIC 3131

A timeline of how this property has performed in the market
Last Sold
$1,295,000
19 Feb 2022
Listed for Rent
$350/w
02 Sep 2021
  • 19 Feb 2022
    Sold for $1,295,000
  • 28 Jan 2022
    Listed for Sale $1.2m - 1.3m
  • 24 Jun 2021
    Listed for Rent $350 / week
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About Nunawading 3131

The size of Nunawading is approximately 5.1 square kilometres. It has 23 parks covering nearly 4.1% of total area. The population of Nunawading in 2011 was 10,945 people. By 2016 the population was 11,863 showing a population growth of 8.4% in the area during that time. The predominant age group in Nunawading is 30-39 years. Households in Nunawading are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nunawading work in a professional occupation. In 2011, 70.1% of the homes in Nunawading were owner-occupied compared with 68.1% in 2016.

Nunawading has 6,908 properties. Over the last 5 years, Houses in Nunawading have seen a 21.26% increase in median value, while Units have seen a 11.59% increase. As at 31 August 2024:

  • The median value for Houses in Nunawading is $1,142,272 while the median value for Units is $685,234.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 15 properties listed for sale, and 16 properties listed for rent in Nunawading on OnTheHouse. According to CoreLogic's data, 260 properties were sold in the past 12 months in Nunawading.

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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.