Nicholls

POSTAL CODE: ACT, 2913

HOUSE

UNIT

A steady increase in median property prices over a five-year period in the suburb translates to a -6.07% capital gain.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,160,000.

Profits due to an downward trend in home prices there averaged -2.02% per annum over a 3-year period.

Home owners selling their properties and realtors in NICHOLLS usually have to wait an average of 82.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $760 mark, reflecting a 3.41% increase in returns based on the current median price in NICHOLLS.

NICHOLLS, 2913 places 64th in Australia based on median property value growth during the quarter.

Property investors in NICHOLLS enjoyed capital gains of 4.17% over the last 12 months translating to lower returns compared with its peers in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in NICHOLLS are low, as opposed to average gains per annum over the past five years.

Real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in NICHOLLS.

NICHOLLS, 2913 ranks 23rd in ACT in terms of median property value increase and capital gains, based on year-to-date figures.

NICHOLLS ranks 57th on the list of best yielding suburbs for rental properties in ACT, posting a N/A return.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,160,000	$825,000
Growth Report
Median Quarterly	0.43%	0.92%
Median 12 month	-9.9%	4.17%
Median 3 years	-6.07%	-1.2%
Median 5 years	37.69%	45.76%
10 years average annual	6.1%	6.58%
Weekly media advert. rent	$760	N/A
Time on Market	82.2 days	76.9 days
Gross Rental Yield Percent	3.41%	0%

Demographics (Median Values)*

Total Population 35053

Weekly Household Income 2149

Household Size 2.80

Average Age 32

Monthly Loan Repayment 2037

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type