149 Nicholson StreetOrbost VIC 3888
Property Details for 149 Nicholson St, Orbost
Last Listing description (April 2024)
UNDER OFFER
Fantastic opportunity to operate a hotel business in the historic Commonwealth Hotel.
With a strong history in Orbost, this hotel is a community pillar and was once the 'Go To' pub in town.
For full details or to arrange inspections, please contact Luke Oakley.
Property History for 149 Nicholson St, Orbost, VIC 3888
- 12 Apr 2024Sold for $625,000
- 13 Nov 2022Listed for Sale UNDER OFFER
- 30 Aug 2010Sold for $565,000
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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 74.71% increase in median value, while Units have seen a 82.16% increase. As at 31 January 2025:
- The median value for Houses in Orbost is $337,625 while the median value for Units is $314,985.
- Houses have a median rent of $350.
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