SOLD
Sold on 04 Jun 2024 for $712,500

1/144-148 Nicholson Street
Orbost VIC 3888

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 138m2
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Property Details for 1/144-148 Nicholson St, Orbost

Building Type
Commercial
Land Size
138m2
Local Government
East Gippsland
Lot/Plan
2/PS316124

Last Listing description (January 2018)

- Internal courtyard
- Cool room & storage area
- Central Main Street location

- Ample car parking at rear
- Freehold also available

Property History for 1/144-148 Nicholson St, Orbost, VIC 3888

A timeline of how this property has performed in the market
Last Sold
$712,500
04 Jun 2024
Listed for Rent
$379/w
31 Jan 2018
  • 04 Jun 2024
    Sold for $712,500
  • 03 Jan 2018
    Listed for Rent $19,760 / year
  • 18 Oct 2017
    Listed for Rent $19,760 / year
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About Orbost 3888

The size of Orbost is approximately 208.6 square kilometres. It has 9 parks covering nearly 86.4% of total area. The population of Orbost in 2011 was 2,493 people. By 2016 the population was 2,231 showing a population decline of 10.5% in the area during that time. The predominant age group in Orbost is 60-69 years. Households in Orbost are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Orbost work in a labourer occupation. In 2011, 69% of the homes in Orbost were owner-occupied compared with 69.9% in 2016.

Orbost has 1,627 properties. Over the last 5 years, Houses in Orbost have seen a 79.89% increase in median value, while Units have seen a 56.69% increase. As at 30 November 2024:

  • The median value for Houses in Orbost is $331,571 while the median value for Units is $294,427.
  • Houses have a median rent of $350.
There are currently 25 properties listed for sale, and no properties listed for rent in Orbost on OnTheHouse. According to CoreLogic's data, 56 properties were sold in the past 12 months in Orbost.

Suburb Insights for Orbost 3888

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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.