40 The Riverside, Nicholson, VIC 3882 | Property Value & History | OnTheHouse
OFF MARKET

40 The Riverside
Nicholson VIC 3882

Bedrooms: 5
Bathrooms: 3
Car spaces: 5
Floor area: 295m2
Land area: 7573m2
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Property Details for 40 The Riverside, Nicholson

Building Type
Land
Year Built
1970
Floor Size
295m2
Land Size
7573m2
Local Government
East Gippsland
Lot/Plan
12/PS302088

Last Listing description (November 2014)

RIVERSIDE OPTIONS
Positioned on the banks of the Nicholson River, a builders own home uniquely designed consisting of two dwellings, separate but under one room line. Perfect for duel ownership, extended family or perhaps a business venture. The main residence of three large bedrooms, two bathrooms, the main with ensuite and walk in robe, large dining area off the kitchen with breakfast bar and a sunken lounge room full of natural light. The second dwelling consists of two large bedrooms, large bathroom and a similar kitchen, dining and sunken lounge room floor plan. Both properties have polished hardwood timber floors throughout, carpet in the bedrooms and tiled wet areas. Both properties have solid fuel heating.
The dwellings are connected by a breeze way and surround an internal courtyard perfect for entertaining. A large deck welcomes the uninterrupted view over the Nicholson River and out to the 2 1/2 acres of flat, manageable land. A seven bay colourbond shed with 3 sliding doors, 2 semi enclosed and 2 bays of workshop perfect for boat or caravan.

This property is only one of four homes in this quiet court location that front the river, extremely unique and tightly held.

Property History for 40 The Riverside, Nicholson, VIC 3882

A timeline of how this property has performed in the market
Last Sold
24 Nov 2014
  • 05 Nov 2014
    Sold for $476,000
  • 09 Sep 2014
    Listed for Sale $510,000
  • 17 Jul 2002
    Sold for $30,000
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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.