OFF MARKET

23 Mitchell Street
Nyora VIC 3987

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1422m2
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Property Details for 23 Mitchell St, Nyora

Building Type
Unknown
Land Size
1422m2
Local Government
South Gippsland
Lot/Plan
13~6/PP5613

Last Listing description (July 2023)

A divine tree-change land opportunity in a thriving and charming town

Nestled in the rolling hills of South Gippsland in the booming community of Nyora, this 1,422m2 (approx.) allotment offers exciting possibilities for a sublime tree-change. Perfectly positioned opposite verdant parklands at the centre of town, the site is mere footsteps from the General Store, takeaways, daily conveniences, buses, and Nyora Primary School, while only 30 minutes to Western Port Bay beaches, and 45 minutes to the outskirts of Melbourne or to Phillip Island.

Situated within a General Residential Zone 1, the site offers thrilling prospects and a bright future, providing availability to town water, sewerage, and electrical connections. Currently occupied by an enchanting chapel which can be transformed into a heavenly home through a full renovation, the site also provides the opportunity to start from scratch and build the luxury home design of your dreams (subject to council approval).

Property History for 23 Mitchell St, Nyora, VIC 3987

A timeline of how this property has performed in the market
Last Sold
$374,000
12 Apr 2021
  • 21 Jul 2023
    Listed for Sale Not Disclosed
  • 12 Apr 2021
    Sold for $374,000
  • 01 Apr 2021
    Listed for Sale Contact agent for details

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About Nyora 3987

The size of Nyora is approximately 79.7 square kilometres. It has 3 parks. The population of Nyora in 2011 was 1,332 people. By 2016 the population was 1,508 showing a population growth of 13.2% in the area during that time. The predominant age group in Nyora is 40-49 years. Households in Nyora are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nyora work in a trades occupation. In 2011, 86.2% of the homes in Nyora were owner-occupied compared with 85.4% in 2016.

Nyora has 801 properties. Over the last 5 years, Houses in Nyora have seen a 107.60% increase in median value, while Units have seen a 105.00% increase. As at 30 September 2024:

  • The median value for Houses in Nyora is $1,180,473 while the median value for Units is $278,215.
  • Houses have a median rent of $255.
There are currently 31 properties listed for sale, and no properties listed for rent in Nyora on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Nyora.

Suburb Insights for Nyora 3987

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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.