271 Nicholson Street, Orbost, VIC 3888 | Property Value & History | OnTheHouse
OFF MARKET

271 Nicholson Street
Orbost VIC 3888

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 116m2
Land area: 1275m2
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Property Details for 271 Nicholson St, Orbost

271 Nicholson St, Orbost is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1275m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
House
Floor Size
116m2
Land Size
1275m2
Local Government
East Gippsland
Lot/Plan
1/TP428368

Last Listing description (April 2026)

DEVELOPERS AND RENOVATORS! THIS ESTABLISHED 3 BEDROOM HOME SITS ON 1,275 SQUARE METRES OF LAND ON A CORNER ALLOTMENT. THIS PRIME OPPORTUNITY AWAITS THE HANDY PERSON WHO CAN ROLL UP THEIR SLEEVES AND BRING THE POTENTIAL OUT.

Key Property Features:
Large corner allotment of 1,275 Square Metres (2 road frontages)

Established 3 Bedroom home built towards the front of the land
Established sheds
Multiple options for either renovation OR subdivision opportunities (STCA)
Backs onto reserve land so you only have 1 neighbour
Close to town, only minutes in the car or a short walk

Yes, this one has some work to take on, but there's so much opportunity on offer in the current configuration or you can take it on and complete a 2 or 3 lot subdivision (STCA) and start your rental portfolio with a cashflow positive investment out of the gate!

For further information on this property please contact Luke Oakley.

INSPECTIONS TIMES: Please contact us for available dates.

CONTRACT of SALE: Please contact our office to request a copy of the contract and S32.

LINK TO CONSUMER AFFAIRS WEBSITE: https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists

Legal Disclaimer: The information contained in this advertisement has been provided to Orbost Real Estate and its agents by third parties, including the vendor. While Orbost Real Estate and its agents have taken all reasonable care in the preparation and presentation of this material, no warranty is given as to its accuracy, completeness, or reliability. Orbost Real Estate and its agents expressly disclaim all liability for any errors, omissions, misstatements, or misrepresentations (whether by negligence or otherwise). Prospective purchasers are advised to conduct their own investigations and due diligence concerning all aspects of the property, including but not limited to its features, condition, legal status, and any other matter that may be material to their decision to purchase. This includes both advertised and non-advertised elements of the property. By relying on this information, the purchaser acknowledges that they do so at their own risk.

Property History for 271 Nicholson St, Orbost, VIC 3888

A timeline of how this property has performed in the market
Last Sold
$145,000
07 Mar 2018
  • 22 Jun 2025
    Listed for Sale $275,000
  • 07 Mar 2018
    Sold for $145,000
  • 30 Oct 2017
    Listed for Sale $149,000
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About Orbost 3888

The size of Orbost is approximately 208.6 square kilometres. It has 9 parks covering nearly 86.4% of total area. The population of Orbost in 2016 was 2227 people. By 2021 the population was 2264 showing a population growth of 1.7% in the area during that time. The predominant age group in Orbost is 60-69 years. Households in Orbost are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Orbost work in a labourer occupation.In 2021, 73.70% of the homes in Orbost were owner-occupied compared with 69.90% in 2016.

Orbost has 1,648 properties. Over the last 5 years, Houses in Orbost have seen a 50.28% increase in median value, while Units have seen a 65.66% increase. As at 31 March 2026:

  • The median value for Houses in Orbost is $363,542 while the median value for Units is $345,872.
  • Houses have a median rent of $350.
There are currently 36 properties listed for sale, and 3 properties listed for rent in Orbost on OnTheHouse. According to Cotality's data, 67 properties were sold in the past 12 months in Orbost.

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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.