OFF MARKET

118 Nicholson Street
Orbost VIC 3888

Bedrooms: 7
Bathrooms: 3
Car spaces: 4
Floor area: 343m2
Land area: 957m2
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Property Details for 118 Nicholson St, Orbost

118 Nicholson St, Orbost is a 7 bedroom, 3 bathroom House with 4 parking spaces and was built in 1924. The property has a land size of 957m2 and floor size of 343m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
House
Year Built
1924
Floor Size
343m2
Land Size
957m2
Local Government
East Gippsland
Lot/Plan
5~10/PP5618

Last Listing description (August 2019)

A remarkable offering rarely seen, 118 Nicholson Street is distinguished by its unique history and extraordinary setting.
Originally constructed in 1926 as the union bank and more recently renovated, it offers the best of both worlds - a two-storey modern home with traditional period features and spacious proportions.
All complimented with the benefits of contemporary design and updated appointments, it s perfect for today s living and entertaining.

The entire property comprises of 4 separate living areas, 7 bedrooms, 3 bathrooms and a full kitchen on the ground floor. Whether you re looking for a family home big enough for even the largest family or you re searching for the perfect AirBnB property, you won t be able to go past this magnificent home.
The rear lane access and remote-control gate affords complete privacy and security to enjoy the meticulously maintained landscaping.
118 Nicholson Street effortlessly connects the past and present, offering possibilities on a grand scale for the discerning buyer.

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Property History for 118 Nicholson St, Orbost, VIC 3888

A timeline of how this property has performed in the market
Last Sold
$375,000
12 Aug 2019
Listed for Rent
$1.50k/w
20 Dec 2018
  • 12 Aug 2019
    Sold for $375,000
  • 26 Mar 2019
    Transferred
  • 22 Jan 2019
    Listed for Sale Not Disclosed
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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 75.04% increase in median value, while Units have seen a 69.10% increase. As at 30 September 2024:

  • The median value for Houses in Orbost is $316,290 while the median value for Units is $275,788.
  • Houses have a median rent of $360.
There are currently 28 properties listed for sale, and no properties listed for rent in Orbost on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Orbost.

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