40 Paterson Court, Nicholson, VIC 3882 | Property Value & History | OnTheHouse
OFF MARKET

40 Paterson Court
Nicholson VIC 3882

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 251m2
Land area: 37056m2
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Property Details for 40 Paterson Ct, Nicholson

Building Type
Rural
Year Built
1980
Floor Size
251m2
Land Size
37056m2
Local Government
East Gippsland
Lot/Plan
1/PS616895

Last Listing description (March 2014)

Outstanding Home on 9.12 Acres
This neat and tidy 9.1 acre property is defiantly not one to miss. Located within walking distance to the Nicholson Township and primary school via the popular rail trail, located at the back of the property.
A beautifully finished brick veneer home complete with 3 bedrooms, master with ensuite and WIR, 2 remaining bedrooms have BIR's. There is a study nook, large living area with wood heater and R/C air conditioning and a large country style kitchen/dining. You save money in the warmer months with a solar HWS. All this is complimented with a northerly outlook from the rear balcony that overlooks the property. The property boasts town water and 30,000 gallon tanks which look after the low maintenance gardens and fruit orchard.

Outside you'll find an undercover alfresco dining area. Just off that there is a one bedroom granny flat which is fully functional, comprising spacious living with wood heating and air conditioning, bedroom with ensuite, kitchen and separate laundry.
With quality electric fencing all around and a child safe fully enclosed rear yard, you won't need to worry about anything escaping. Furthermore you will find a double carport, double garage, stock yards with loading race, 3 small paddocks with shelters, all weather round yard, four bay hay shed, lockable tack room and three horse stables. The large back paddock is perfect for the stock of your choice with two large dams and gravity fed water troughs.
Additional feature/s - Built-In Wardrobes.

Property History for 40 Paterson Ct, Nicholson, VIC 3882

A timeline of how this property has performed in the market
Last Sold
$130,000
20 Mar 2020
  • 20 Mar 2020
    Sold for $130,000
  • 19 Jun 2014
    Sold for $415,000
  • 10 Sep 2013
    Listed for Sale $439,000
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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.