SOLD
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Sold on 03 Apr 2024 for $500,000

28 Hatchs Road
Nyora VIC 3987

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8000m2
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Property Details for 28 Hatchs Rd, Nyora

Building Type
Land
Land Size
8000m2
Local Government
South Gippsland
Lot/Plan
7/LP148069

Last Listing description (April 2024)

Ideally located in a sought after low-density pocket of Nyora just 10 minutes from Lang Lang and an easy 40-minute drive to Pakenham, this vacant 2-acre block has genuine subdivision potential and is truly a rare find. It offers the lucky new owner the chance to build their dream home with room for a big shed, a veggie garden and a sheep or two.

The block is situated on a sealed no-through road with town water, electricity and sewerage available. Gorgeous established trees provide shade during the summer months, there is post and wire fencing on all sides and the land is dead flat, making your dream build even easier!

An astute investor may also consider the possibility of subdividing the block into two or even three lots (STCA) as a few neighbouring properties have done.

This is quite possibly the last vacant 2-acre allotment left in Nyora and I can assure you, they're not developing any more of them! If you've been wanting to make the move from suburbia to give the kids a little more room to explore as they grow, this is an opportunity not to be missed.

The Nyora township currently offers a medical centre, pharmacy, general store and post office, with plans currently with the council for a large supermarket and specialty shops to support the growth of the town. All of this is just 35 minutes from the beautiful Inverloch beaches, you'd be crazy not to make the move.

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Property History for 28 Hatchs Rd, Nyora, VIC 3987

A timeline of how this property has performed in the market
Last Sold
$500,000
03 Apr 2024
  • 27 Mar 2024
    Sold for $500,000
  • 07 Jun 2023
    Listed for Sale $720,000
  • 10 Jan 2023
    Listed for Sale $720,000
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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.

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