121 Macpherson Street, Nhill, VIC 3418 sold on 24 March 2025 | OnTheHouse
SOLD
Sold on 24 Mar 2025 for $220,000

121 Macpherson Street
Nhill VIC 3418

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 126m2
Land area: 596m2
Sold By
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Westech Real Estate
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Property Details for 121 Macpherson St, Nhill

Building Type
Commercial
Floor Size
126m2
Land Size
596m2
Local Government
Hindmarsh
Lot/Plan
1/TP249879

Last Listing description (April 2025)

Located in the heart of Nhill, this property is the ideal investment for savvy investors. Offering easy access and convenience to all the amenities you need including nearby schools, shops, and parks. Currently the property has a retail business and residential lease, making it an excellent investment with dual income. The retail business is a hair salon which has been located at the property long period of time. It offers a salon area, large waiting room, beauty room and rear office/storage room. There is also a toilet which is located outside. The residence displays 3 good sized bedrooms plus office. Spacious lounge room featuring high ceilings and split system heating and cooling. The country style kitchen is located across two connecting rooms and gas stove and butlers pantry area. The bathroom and laundry are incorporated together and has separate shower, vanity and laundry trough. There is also a separate toilet and storage room. Outside offers rear lane access, poly rainwater tank, built in carport and garden shed.

Contact us today to arrange a private inspection of this ideal investment property currently returning approximately 6.8%. Don't delay, as opportunities like this are rare. Don't miss out on this fantastic opportunity to secure an affordable property in a prominent location.

Property History for 121 Macpherson St, Nhill, VIC 3418

A timeline of how this property has performed in the market
Last Sold
$220,000
24 Mar 2025
  • 24 Mar 2025
    Sold for $220,000
  • 31 Jan 2025
    Listed for Sale $235,000
  • 14 Mar 2018
    Sold for $110,000
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About Nhill 3418

The size of Nhill is approximately 942.8 square kilometres. It has 6 parks covering nearly 0.1% of total area. The population of Nhill in 2016 was 2184 people. By 2021 the population was 2401 showing a population growth of 9.9% in the area during that time. The predominant age group in Nhill is 50-59 years. Households in Nhill are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Nhill work in a labourer occupation.In 2021, 73.30% of the homes in Nhill were owner-occupied compared with 75.70% in 2016.

Nhill has 1,593 properties. Over the last 5 years, Houses in Nhill have seen a 69.51% increase in median value, while Units have seen a 79.81% increase. As at 30 November 2025:

  • The median value for Houses in Nhill is $248,657 while the median value for Units is $369,334.
  • Houses have a median rent of $310.
There are currently 3 properties listed for sale, and no properties listed for rent in Nhill on OnTheHouse. According to Cotality's data, 62 properties were sold in the past 12 months in Nhill.

Suburb Insights for Nhill 3418

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
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.