506 Nicholson St, Black Hill is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 1012m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in October 2014.
When it comes to size of land, this allotment of 1012m2 could be just perfect! Along with the home (that would benefit from a renovation) we could just have the desired combination of size and character. Close to Black Hill primary, the city, railway station and bus connection, this large plot with front and side access provides all the opportunities to further develop (STCA). Lending itself to creating and constructing a number of apartments or townhouses with city views or simply extend and enjoy the breadth and the potential of this fabulous property, the decision will be up to you. With a snug bull nose veranda and central passage, this home provides three good size bedrooms, study, living zone and country style kitchen with brick feature fire place. Some decorative features still remain like dado panelling, double hung windows and filigree pelmets. Many established trees and shrubs provide a great base for a delightful garden with a two car garage available for off street parking. With a little attention inside and out, this home would certainly shine to provide a huge profit for those wishing to tailor this exciting purchase. If you're finding it difficult to decide what to achieve - then take a moment and arrange an inspection to gain further information.
The size of Black Hill is approximately 1.8 square kilometres. It has 7 parks covering nearly 32.3% of total area. The population of Black Hill in 2016 was 2126 people. By 2021 the population was 2124 showing a population decline of 0.1% in the area during that time. The predominant age group in Black Hill is 30-39 years. Households in Black Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Black Hill work in a professional occupation.In 2021, 62.90% of the homes in Black Hill were owner-occupied compared with 61.20% in 2016.
Black Hill has 1,156 properties. Over the last 5 years, Houses in Black Hill have seen a 18.78% increase in median value, while Units have seen a 39.22% increase. As at 31 December 2025:
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