431 Stephenson Road, Nicholson VIC 3882

431 Stephenson Road, Nicholson VIC 3882
Large 6.5ha land | 4 beds/3 baths house | 10-car parking | Bushfire overlay zone | 142 This four-bedroom house on 6.5ha suits rural lifestyle buyers seeking space for horses, workshops or self-sufficiency near local schools. The expansive acreage sets it apart on its street, offering practical room for sheds, solar setups and water tanks that smaller lots nearby can’t match. Its low 1% building coverage leaves ample scope for additions or hobby farming, appealing to those wanting separation from denser residential pockets. With 10 parking spots including secure garaging, it caters to buyers with multiple vehicles, boats or farm equipment- common in this rural setting. Properties like this draw families or retirees from Bairnsdale who value the 4.5km proximity to Nicholson Primary while enjoying quiet acreage. In the local market, similar large-lot houses hold steady value due to limited supply, performing well against urban drift trends. The bushfire overlay prompts cautious buyers, but reliable NBN and no flood issues enhance livability. Long-term, its residential zoning and elevation support enduring appeal as a versatile holding, less prone to suburban volatility. Grounded features like split systems and open fireplaces reinforce year-round usability on this scale.

Market Insight:

Nicholson is a small riverside township in East Gippsland attracting buyers seeking lifestyle living near the Gippsland Lakes. Housing demand is driven by retirees and holiday-home buyers. Property prices remain moderate compared with metropolitan markets. Scenic landscapes underpin local appeal.

PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

10

Land

6.5ha

Built

Recent Assessments