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29 Koraleigh View, Nicholson$315,000
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29 Koraleigh View

Nicholson, VIC 3882, Australia
$300,000 – $330,000
4000 m²

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Listing description

About this property

The Land This 4,000m² allotment is east-facing with a gentle slope and easy to build on. At that size there's room to design something generous without having to compromise on any of it. Space for the home, the shedding, the garden, and still room to breathe. Direct and easy access to the water's edge means the Nicholson River feels less like a nearby feature and more like an extension of the property itself. The Area Nicholson sits in a quiet stretch of East Gippsland that tends to hold its appeal with the people who find it. The Riverbend Estate reflects that, a relaxed and established pocket where the river sets the rhythm. The Nicholson Boat Ramp is just down the road, the General Store is close by for the essentials, and the East Gippsland Rail Trail runs through the area for those who like to walk or ride. The Nicholson River reserve ties it all together, giving the area a natural and unhurried feel that's hard to manufacture. Bairnsdale is around 10 minutes away, covering the practical side of things well. Schools, hospital, supermarkets and cafes are all within easy reach. The Gippsland Lakes are in the other direction, and Melbourne is a manageable drive when it's needed. Land this size, on level terrain, and this well located in Riverbend doesn't come up often. When it does, it doesn't last long.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
4000 m²
Listed
2 months ago

Repayment calculator

$1,527/month
$764 /fortnight
Loan $252,000 at 6.10% over 30 years

Upfront costs

Deposit$63,000
Stamp duty$13,970
Conveyancing (est.)$2,000
Total upfront$78,970
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Nicholson

This land in Nicholson, VIC 3882 sits within reach of public transport, local shops and nearby schools. It is listed 53% below the $669,000 median of 81 comparable landswithin 5 km.

Schools near Nicholson

  • Nicholson Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Retreat Motel/Princes Hwy (bus)1.4 km away
  • Nicholson River Winery1.9 km away

Nicholson at a glance

Full suburb profile
Population
1,322
Median age
47
Household income
$1,390/wk
Median rent
$300/wk
Median mortgage
$1,733/mo

Source: ABS Census.

Due diligence

Property Report

Bushfire Risk

Complete
Moderate risk

None

Low

Moderate

High

Extreme

BAL rating

BAL-19

Bushfire Attack Level

Vegetation

Mixed eucalyptus woodland and grassland with scattered native shrubland

Nicholson is a rural locality in Victoria's northeast region with moderate bushfire risk due to surrounding native vegetation and hilly terrain typical of the area. Properties are likely to fall within the Bushfire Prone Area (BPA) and may be subject to the Bushfire Management Overlay (BMO) depending on exact location and vegetation proximity. AS 3959 BAL-19 construction standards should be applied; property owners should maintain defensible space and implement vegetation management.

Source: StMate AI — VIC bushfire mapping07/06/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Nicholson price trend

Median sold · House 4 bed

Compound growth -1.0% / yr over 4 yrs

$730kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Nicholson market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

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Within 5km

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