16 Forrest Drive, Nyora, VIC 3987 | Property Value & History | OnTheHouse
FOR SALE

16 Forrest Drive
Nyora VIC 3987

Bedrooms: 6
Bathrooms: 2
Car spaces: 5
Land area: 10m2
This property is currently on the market
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Property Details for 16 Forrest Dr, Nyora

Building Type
Land
Year Built
1950
Land Size
10m2
Local Government
South Gippsland
Lot/Plan
1/LP118812

Last Listing description (April 2026)

Two properties with two separate entrances are just the beginning of the potential offered by this versatile property. Currently set up for equine use, the land features eight paddocks, most with loose boxes, along with a riding arena and two dams, creating the ideal setup for horse enthusiasts.

The main residence offers three bedrooms, a cosy lounge with a wood fire, and a modern kitchen and bathroom. Step outside to an outdoor deck that captures beautiful water views. Additional improvements include a double garage, carport, small sheds, and a studio, perfect for the budding artist or hobbyist.

Building Two has been recently completed and is a two-storey structure currently used as a spacious office, complete with a kitchen and shower room. With a few modifications, it could potentially be converted into a second dwelling (STCA). This building also benefits from its own separate entrance, independent meter, and phone connection.

Outside, youll find another double garage, a vegetable garden, and a phone tower that provides additional annual income.

If youre looking for your own private retreat with enormous potential, this is an opportunity not to be missed. Properties like this are rare, enquire today.

Property History for 16 Forrest Dr, Nyora, VIC 3987

A timeline of how this property has performed in the market
Last Transferred
14 Apr 2023
  • 16 Mar 2026
    Listed for Sale $1,200,000 - $1,320,000
  • 02 Apr 2025
    Listed for Rent $600 / week
  • 12 Dec 2023
    Listed for Rent $600 / week
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About Nyora 3987

The size of Nyora is approximately 79.7 square kilometres. It has 3 parks. The population of Nyora in 2016 was 1527 people. By 2021 the population was 1644 showing a population growth of 7.7% in the area during that time. The predominant age group in Nyora is 50-59 years. Households in Nyora are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nyora work in a trades occupation.In 2021, 90.40% of the homes in Nyora were owner-occupied compared with 85.40% in 2016.

Nyora has 968 properties. Over the last 5 years, Houses in Nyora have seen a 17.75% increase in median value, while Units have seen a 105.00% increase. As at 31 March 2026:

  • The median value for Houses in Nyora is $1,079,522 while the median value for Units is $629,951.
  • Houses have a median rent of $255.
There are currently 52 properties listed for sale, and no properties listed for rent in Nyora on OnTheHouse. According to Cotality's data, 32 properties were sold in the past 12 months in Nyora.

Suburb Insights for Nyora 3987

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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.