OFF MARKET

198 Nicholson Street
Orbost VIC 3888

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 885m2
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Property Details for 198 Nicholson St, Orbost

198 Nicholson St, Orbost is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 885m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Year Built
1970
Land Size
885m2
Local Government
East Gippsland
Lot/Plan
1/LP111135

Last Listing description (December 2023)

** All reasonable offers will be considered, express your interest now or miss out! **

Looking for the perfect place to start your real estate journey? Look no further! This gem at 198 Nicholson Street in Orbost is your golden ticket. With solid bones and a prime location, it's your canvas to create the home of your dreams.

Key Features:

Prime Location: This property is a stone's throw away from Schools, Shops, Sporting Facilities, and Medical Centers. Convenience at its finest!

Solid Structure: This property is your blank canvas, with a sturdy building already in place, waiting for your personal touch. It's an ideal base for renovation projects.

Versatile Potential: The existing structure is perfect for a studio apartment or can be expanded into a larger dwelling, giving you endless possibilities.

Generous Outdoor Space: Enjoy the spacious 862 sqm block with established fruit trees and a raised vegetable garden. Plenty of room for outdoor activities and gardening.

Privacy and Security: The fully fenced yard provides the privacy and security you desire. Plus, a small deck and undercover outdoor area for relaxation.

Convenient Utilities: Power, water, and sewer are all connected. The power has been recently upgraded to an underground feed with a new meter box.

Functional Layout: Inside, you'll find an open-plan living area with great natural light in a generously sized space. The bathroom is ready with a toilet and vanity unit, with provisions for a shower.

Ample Parking and Storage: A shed and carport offer plenty of parking space for your vehicles and extra storage for tools and equipment.

Don't let this opportunity slip through your fingers! Priced at just $229,000, it's a hot property in today's market. Contact us today to schedule a viewing and secure your future with this solid investment. Act fast - this won't last long!

Disclaimer: All information is deemed reliable but not guaranteed. Buyers are advised to perform their due diligence.

Property History for 198 Nicholson St, Orbost, VIC 3888

A timeline of how this property has performed in the market
Last Sold
$190,000
31 Oct 2023
  • 31 Oct 2023
    Sold for $190,000
  • 03 Mar 2023
    Listed for Sale $239,000
  • 25 Jul 2021
    Sold for $95,000

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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 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.