40-42 Elizabeth Street, Nathalia, VIC 3638 | Property Value & History | OnTheHouse
 
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40-42 Elizabeth Street
Nathalia VIC 3638

Bedrooms: 8
Bathrooms: 2
Car spaces: 2
Land area: 1656m2
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Last updated 2 Feb 2026
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Property Details for 40-42 Elizabeth St, Nathalia

40-42 Elizabeth St, Nathalia is a 8 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1656m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
House
Land Size
1656m2
Local Government
Moira
Lot/Plan
1/PS438707

Last Listing description (May 2024)

Introducing a truly unique and grand commercial property, steeped in history and character, situated in the charming country town of Nathalia, Victoria. The former Bank of Victoria, opened in 1891, stands proudly on a 1635m2 corner allotment facing the Murray Valley Highway. Boasting an impressive 8 bedrooms and 2 bathrooms, this commercial zoned 1 property offers endless opportunities for the discerning renovator or developer.

Nathalia is a picturesque town with the serene Broken Creek running through it, and a friendly population of approximately 2,000 residents. Located just 30 minutes from Shepparton, 45 minutes from Echuca, 2.5 hours from Melbourne, and a mere 25 minutes from the Mighty Murray River, this property provides an idyllic setting with convenient access to major hubs.

The ground floor of this historic building features the original bank counter and safe, 2 spacious rooms, and 2 stunning fireplaces with marble mantels. The kitchen, laundry, bathroom, and toilet are all undercover but will require renovation to bring them up to modern standards.

Ascend the grand staircase to the first floor and discover 6 generous rooms, all requiring renovation, plus an additional bathroom. Four of these rooms are adorned with exquisite marble fireplace mantels, adding a touch of elegance and history to the space.

The expansive backyard offers a blank canvas for you to create your own stunning garden oasis, complete with a 6x6m workshop. This property has the potential to be transformed into a luxurious residence, an exclusive Airbnb, a trendy pop-up restaurant, or even a sophisticated wine or whiskey bar.

Don't miss this rare opportunity to acquire a piece of history and create something truly spectacular at 40-42 Elizabeth Street, Nathalia. The possibilities are endless, and the rewards immense.

CLOSING ON THE 25th JANUARY 2024

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Property History for 40-42 Elizabeth St, Nathalia, VIC 3638

A timeline of how this property has performed in the market
Last Sold
$551,000
22 Feb 2024
  • 26 Apr 2024
    Listed for Sale Not Disclosed
  • 22 Feb 2024
    Sold for $551,000
  • 21 Dec 2023
    Listed for Sale EXPRESSIONS OF INTEREST
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About Nathalia 3638

The size of Nathalia is approximately 189.7 square kilometres. It has 5 parks covering nearly 0.3% of total area. The population of Nathalia in 2016 was 1880 people. By 2021 the population was 1982 showing a population growth of 5.4% in the area during that time. The predominant age group in Nathalia is 60-69 years. Households in Nathalia are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nathalia work in a managers occupation.In 2021, 77.00% of the homes in Nathalia were owner-occupied compared with 74.20% in 2016.

Nathalia has 1,284 properties. Over the last 5 years, Houses in Nathalia have seen a 63.72% increase in median value, while Units have seen a 39.55% increase. As at 31 December 2025:

  • The median value for Houses in Nathalia is $406,622 while the median value for Units is $276,286.
  • Houses have a median rent of $340 while Units have a median rent of $128.
There are currently 6 properties listed for sale, and no properties listed for rent in Nathalia on OnTheHouse. According to Cotality's data, 49 properties were sold in the past 12 months in Nathalia.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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