12 Nihill St, Ouyen is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 929m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
This conveniently located home in the heart of Ouyen has been fully renovated throughout. Freshly painted inside and out, new window furnishings and floor coverings in the bedrooms and polished floorboards. All new bathroom, and updated kitchen plus toilet with own vanity.
The layout offers three bedrooms (all with ceiling fans) and one bathroom (with separate bath), plus a kitchen and meals area. A dining room is set off this hub of the home and opens into the living room with open fireplace and direct access to the terrace.
The list of features includes a ramp at the rear of the property plus entertaining space and evaporative cooling and split system heating/cooling. Spacious rear yard with side access and garage/shedding. Large corner allotment of 942m2 (almost 1/4 acre) with potential to subdivide and within walking distance to absolutely everything Ouyen has to offer.
Astute investors will be able to take advantage of the depreciation value on offer from the large array of works that have completed, while owner occupiers can move straight in with the knowledge that no work is needed at all. Expected rental return is $430-$450 per week.
The size of Ouyen is approximately 1,533.4 square kilometres. It has 16 parks covering nearly 11.1% of total area. The population of Ouyen in 2011 was 1,082 people. By 2016 the population was 1,195 showing a population growth of 10.4% in the area during that time. The predominant age group in Ouyen is 60-69 years. Households in Ouyen are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ouyen work in a managers occupation. In 2011, 73.8% of the homes in Ouyen were owner-occupied compared with 75.4% in 2016.
Ouyen has 917 properties. Over the last 5 years, Houses in Ouyen have seen a 119.39% increase in median value, while Units have seen a 55.28% increase. As at 31 October 2024:
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