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Residential Property

70 Nihil Street

Alexandra VIC 3714, Australia

3 Bedrooms
2 Bathrooms
1 Parking
815 m² Land size
127 m² Internal area
$210,000 Last sale (2008)

About this property

yardizepropertyrecord
70 Nihil Street is in Alexandra, VIC and is presented as a House with 3 bedrooms, 2 bathrooms, 1 parking space, land size of 815 m² lot, internal area of approximately 127 square metres. Sold for $210,000 on 19 Dec 2008. The estimated market value is $575,250 and the estimated weekly rent is $472 per week

Key details

Locality
Alexandra
State
VIC
Coordinates
37.19443088 / 145.70714075
GNAF PID
GAVIC410735577
Legal parcel ID
1\TP593729
Remoteness area
Regional
Property type
House
Land size
815 m²
Internal area
127 m²
Bushfire risk
None detected
Flood risk
None detected
Heritage overlay
Detected
Land Use Category
Residential

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$472
Expected property value
$575,250
Estimated yield
4.27%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
1 Dec 2008
Contracted 19 Dec 2008
$210,000$257

Price per m² based on land size of 815 m².

Property insights

Area insights

Alexandra is a town in Victoria, Australia, 130 km (81 mi) north-east of Melbourne. It is located at the junction of the Goulburn Valley Highway (B340) and Maroondah Highway (B360), in the Shire of Murrindindi local government area. At the 2021 census, the town had a population of 2,801 and the broader area (Alexandra District) a population of 6,828. Gold mining was the catalyst for the development of the town with many mines around Alexandra and particularly along Ultima Thule Creek, known locally as UT Creek, which runs through the town. The town’s post office was opened in 1867. The town has a number of parks. Rotary Park is adjacent to UT Creek and the town’s main street and includes toilets, barbecues and the Visitor Information Centre. Leckie Park is a larger, picturesque park of over 11 hectares, also along UT Creek. It includes the Alexandra Bowling Club, a playground and the town’s cenotaph. Lake Eildon is 12 km (7.5 mi) kilometres east of Alexandra and is a major tourist attraction for boating and fishing. The nearby Goulburn River and other local streams such as the Rubicon River also attract many anglers. The Riversdale bridge across the Goulburn is about 2 kilometres west of the town centre. Other popular activities in the area include hunting, four wheel driving, hiking and camping. Alexandra is the largest town in this part of Victoria and the headquarters of the Shire of Murrindindi as well as State government departments. History The original inhabitants of the area were members of two clans of the Taungurung Aboriginal people, the Warring-Illum Balug and the Yowung-Illam Balug. The town was settled by Europeans in the late 1860s, when it was originally known as Redgate, or Red Gate Diggings. Redgate Post Office opened on the 15th March 1867, and was renamed to Alexandra Post Office on the 24th April 1867. The current name is thought to derive from either Alexandra of Denmark, when the shire was given a statue of her, or from three men named Alexander (Alesander McGregor, Alexander Don, and Alexander Luckie) who discovered gold in the area in 1866. Alexandra has a rich history encompassing gold mining, farming and timber. Industry and commerce has developed along with many other pursuits over a broad spectrum. Alexandra played a large part in the development of Victoria’s high country. Alexandra was home to a number of large timber mills, especially during the mid to late 20th century. Farming has always been an important component of the local economy. This includes beef and sheep farming. Other important agricultural activities also include wineries, fruit growing, fish production and major commercial lawn growing. Electricity production from the nearby hydro stations at Rubicon and Eildon have been an important part of the local economy since the 1920s and employed many from Alexandra and district. The Rubicon ‘A’ switching facility has also been important for power generation in Victoria alongside its workforce. Since the State Electricity Commission was privatised during the 1990s, changes in operations have reduced the local workforce and more automated equipment is being used. Tourism is fundamental to the Alexandra District and continues to attract many. The railway to Alexandra arrived as a branch line of the Mansfield railway line in 1909, and closed on 18 November 1978. In 2012, the closed rail line was developed as part of the route for the 134 km long Great Victorian Rail Trail. The Rubicon Tramway connected Alexandra with the village of Rubicon (locally often known as ‘The Tin Hut’), at the junction of the Rubicon and Royston Rivers. The Alexandra Magistrates’ Court closed on 1 January 1990. Bushfires Alexandra, victoria Wikipedia

Real Estate Agencies

Ordered by:
OBrien Real Estate - Alexandra
0.3 km
Nutrien Harcourts Alexandra - ALEXANDRA
0.4 km
Murrindindi Prestige Property
0.4 km
Elders - Alexandra
0.5 km

Nearby schools

Type:
Ordered by:
Alexandra Secondary College
0.5 km
Secondary school | Government
Alexandra Primary School
0.5 km
Primary school | Government
St Mary's School
0.7 km
Primary school | Catholic
Bruthen Primary School
18.2 km
Primary school | Government
Happy Campers Early Learning Alexandra
0.1 km
Alexandra & District Kindergarten
0.3 km
* Approximate straight-line distances

Frequently asked questions

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

70 Nihil Street is described with 3 bedrooms, 2 bathrooms, 1 parking space, land size of 815 m² lot, internal area of approximately 127 square metres

Aussie.com.au
What major parks are located in Alexandra?

Rotary Park is adjacent to UT Creek and the town’s main street, while Leckie Park is a larger 11‑hectare park along the same creek

En.wikipedia.org
What is the population of Alexandra?

At the 2021 census, Alexandra had a population of 2,801 residents

En.wikipedia.org
Which highways run through Alexandra?

The Goulburn Valley Highway (B340) and the Maroondah Highway (B360) intersect in Alexandra

En.wikipedia.org
How far is Lake Eildon from Alexandra?

Lake Eildon lies about 12 km east of Alexandra

En.wikipedia.org
What recreational trail passes through Alexandra?

The Great Victorian Rail Trail follows the former railway line through Alexandra

En.wikipedia.org
What kind of property is this?

70 Nihil Street is listed as House in Alexandra, VIC

Aussie.com.au
What asking price or listing price is shown?

70 Nihil Street includes Sold for $210,000 on 19 Dec 2008

Aussie.com.au

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