128/128A Waddells Road, Nicholson, VIC 3882 | Property Value & History | OnTheHouse
OFF MARKET

128/128A Waddells Road
Nicholson VIC 3882

Bedrooms: 7
Bathrooms: 3
Car spaces: -
Land area: 20000m2
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Property Details for 128/128a Waddells Rd, Nicholson

Building Type
Land
Land Size
20000m2
Local Government
East Gippsland

Last Listing description (December 2025)

Set in a lovely parklike setting, this stunning 5-acre lifestyle property offers 2 dwellings, serenity, and flexibility for extended families, or those seeking dual-income potential.
The main residence is bathed in natural light and welcomes you with a wide, sun-drenched verandah—an idyllic spot to relax with a morning coffee while soaking in the leafy surrounds. Step inside to discover a great family home with a freshly painted interior and new carpets which creates and inviting feel throughout. The home has four good size bedrooms, including a spacious master suite complete with a walk-through robe and a sleek, modern ensuite. The family bathroom is centrally located to serve the remaining bedrooms.

Warmth and comfort are assured year-round with cozy wood heating and a reverse cycle heating/cooling unit. At the rear, a new timber deck offers the perfect space for entertaining or unwinding, framed by a fernery that adds to the home's peaceful atmosphere.
Adding exceptional value is the fully self-contained second dwelling—perfect for dual living, guest accommodation, or rental income. With its own separate power meter, this charming home features three bedrooms with built-in robes, updated blinds, fresh paint, electric cooking, and a bright, welcoming ambiance.
Outside, the property is dotted with established trees and open lawns, complemented by versatile shedding, and ample room to explore, grow, or simply enjoy the tranquil setting.
Whether you're looking for multi-generational living, an income-producing opportunity, or a peaceful lifestyle surrounded by nature, this property is a rare find.

Property History for 128/128a Waddells Rd, Nicholson, VIC 3882

A timeline of how this property has performed in the market
  • 09 May 2025
    Listed for Sale $895,000
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About Nicholson 3882

The size of Nicholson is approximately 70.0 square kilometres. The population of Nicholson in 2016 was 1095 people. By 2021 the population was 1322 showing a population growth of 20.7% in the area during that time. The predominant age group in Nicholson is 60-69 years. Households in Nicholson are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nicholson work in a trades occupation.In 2021, 89.50% of the homes in Nicholson were owner-occupied compared with 85.90% in 2016.

Nicholson has 904 properties. Over the last 5 years, Houses in Nicholson have seen a 35.81% increase in median value. As at 30 November 2025:

  • The median value for Houses in Nicholson is $758,842 while the median value for Units is $393,600.
There are currently 64 properties listed for sale, and no properties listed for rent in Nicholson on OnTheHouse. According to Cotality's data, 38 properties were sold in the past 12 months in Nicholson.

Suburb Insights for Nicholson 3882

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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.