SOLD
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Sold on 28 May 2024 for $220,000

278 Nicholson Street
Orbost VIC 3888

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 629m2
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Property Details for 278 Nicholson St, Orbost

278 Nicholson St, Orbost is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 629m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Orbost in the last 12 months.

Building Type
House
Floor Size
116m2
Land Size
629m2

Last Listing description (May 2024)

Situated on a corner allotment of approximately 629 square meters, this two-bedroom home represents great value for the first-home buyer or keen retiree. With some imagination, this little gem will once again shine.

This home comprises two bedrooms, an original kitchen with a dining area, a lounge room with an open fireplace and split-system air-conditioning, a bathroom, and laundry, all with hardwood timber floors, creating a great base for renovation. The roof has been replaced, and the external cladding has been upgraded to provide a low-maintenance exterior. The property is fenced and secure for kids or pets.

The backyard and single-car garage both have direct access from Mawson Street, with the main street frontage being along Nicholson St.

Property History for 278 Nicholson St, Orbost, VIC 3888

A timeline of how this property has performed in the market
Last Sold
$220,000
28 May 2024
  • 10 May 2024
    Sold for $220,000
  • 24 Nov 2022
    Listed for Sale NOW $275,000
  • 13 Aug 2016
    Sold for $105,000
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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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Luke Oakley
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Elders Real Estate Orbost
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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.