SOLD
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Sold on 08 May 2024 - Price Unavailable

49 Forster Drive
Nyora VIC 3987

Bedrooms: 8
Bathrooms: 3
Car spaces: 4
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Property Details for 49 Forster Dr, Nyora

49 Forster Dr, Nyora is a 8 bedroom, 3 bathroom AcreageSemi-rural with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 8 bedroom AcreageSemi-rural sold in Nyora in the last 12 months.

Building Type
AcreageSemi-rural
Local Government
South Gippsland
Lot/Plan
2/LP128520

Last Listing description (May 2024)

Majestic and authoritative, this expansive residence presents a unique opportunity that cannot be replicated in a ready-made package. Boasting 8 bedrooms and two well-appointed kitchens, this home is perfectly suited for dual occupancy, multi-generational living, or a blended family seeking a distinctive place to call home.

Nestled on approximately 3 acres, this colossal home, totalling 439m, stands out as a truly exceptional property, catering to the needs of a large family or offering an ideal shared living arrangement with extended family members.

The eight bedrooms, each featuring ample storage, include two master bedrooms with ensuite bathrooms. A dedicated study and a separate workshop contribute to the versatility of the living space for a growing family.

With a total of four spacious living areas, the residence encompasses two formal lounges, the main space adorned with a wood fire and complemented by an adjacent formal dining area. The layout includes a generous rumpus room and a large games room seamlessly connected to the outdoor entertainment space.

Two distinct kitchen areas, flooded with natural light, provide abundant bench and storage space, along with stainless steel appliances and designated dining areas.

The expansive design is further complemented by a large wrap-around veranda offering sweeping views of the surrounding land. The property features two split systems plus ceiling fans throughout for year round comfort, 20 solar panels, multiple paddocks, a round yard, and an inground pool and spa. Situated on 3 acres of Low-Density Residential land, this property offers the potential for subdivision (Subject to Council Approval) and individual sale. This makes it an excellent opportunity for those seeking both personal space and a wise investment.

Property History for 49 Forster Dr, Nyora, VIC 3987

A timeline of how this property has performed in the market
Last Sold
08 May 2024
  • 08 May 2024
    Sold for $1,030,000
  • 22 Jan 2024
    Listed for Sale UNDER CONTRACT - $1,000,000 - $1,100,000
  • 23 Mar 2023
    Sold for $875,000
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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 800 properties. Over the last 5 years, Houses in Nyora have seen a 99.27% increase in median value, while Units have seen a 105.00% increase. As at 31 October 2024:

  • The median value for Houses in Nyora is $1,130,535 while the median value for Units is $406,573.
  • Houses have a median rent of $255.
There are currently 28 properties listed for sale, and no properties listed for rent in Nyora on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Nyora.

Suburb Insights for Nyora 3987

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Brent Day
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Alex Johnson
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OBrien Real Estate Cranbourne
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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.