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57 Whitworth Drive, Nicholson$312,500
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57 Whitworth Drive

Nicholson, VIC 3882, Australia
$312,500
1009 m²

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About this property

Lot 12 â Nicholson River Estate Following on from the successful development of Stage 1 of the Nicholson River Estate (with housing construction already underway), development of Stage 2 has commenced. There are 40 lots in Stage 2 ranging in size from 819m2 to 2339m2. Titles are expected to be issued in December, 2022 leaving buyers plenty of time to plan their dream home. The township of Nicholson is located on the banks of the Nicholson River, around 10 minutesâ east of the major rural hub of Bairnsdale. Nicholson has a General Store, Post Office, Caravan Park, Hotel with Bottleshop, V-Line Bus Stop and a River Reserve with fishing platforms and an excellent boat ramp. The ramp provides boating access to the largest inland network of waterways in Australia, the Gippsland Lakes. The seaside village of Metung is only a short drive away, whilst Lakes Entrance and surf beaches are around twenty minutesâ drive. The estate itself has a footpath and walking track network which links up with the East Gippsland Rail Trail which runs for 94 km between Bairnsdale and Orbost. There is underground power, mains water, phone, sewer and the NBN is available. There are two reserves in the estate and Hebbard Park is only a short walk away. Lot 12 is located on Whitworth Drive at the Northern side of the estate. At over a quarter of an acre (1009m2), with a wide frontage, thereâs plenty of room on the property for placement of a home whilst still allowing for side access to a shed at the rear and plenty of room for the children or grandchildren to play. This block has the added advantage of river glimpses and it's also just across the road from the river reserve . Donât miss your opportunity to be part of this exciting new development. Blocks are selling fast so get in early to avoid disappointment. Secure your block with as little as 5% initial deposit. Early settlement discounts also apply (please contact us for further details). Property Code: 180

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1009 m²
Listed
3 months ago

Repayment calculator

$1,515/month
$757 /fortnight
Loan $250,000 at 6.10% over 30 years

Upfront costs

Deposit$62,500
Stamp duty$13,820
Conveyancing (est.)$2,000
Total upfront$78,320
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 83 comparable landswithin 5 km.

Schools near Nicholson

  • Nicholson Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Retreat Motel/Princes Hwy (bus)1.9 km away
  • Nicholson River Winery2.8 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.

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Suburb market

Suburb price trend

Nicholson price trend

Median sold · House 4 bed

Compound growth -1.0% / yr over 4 yrs

$730kcurrent median

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Full Nicholson market

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Price history

Price history

Listing price changes

1 price change recorded for this property

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