Nhill

POSTAL CODE: VIC, 3418
HOUSE

Property investors enjoyed capital gains of 7.57% over the last 12 months in NHILL, translating to lower returns compared with its peers in VIC.

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

The suburb posted a 17.65% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $340 based on current median home prices for the suburb.

On average, rents on listings have reached the $340 mark, reflecting a 6.55% increase in returns based on the current median price in NHILL.

NHILL, 3418 ranks 258th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 2nd on the list of best yielding suburbs for rental properties in VIC, posting a 6.55% return.

Surburb overview

Nhill is a regional township in the Wimmera region of western Victoria, about 375 kilometres north-west of Melbourne and approximately 95 kilometres west of Horsham. Situated within the Shire of Hindmarsh along the Western Highway, Nhill serves as a major service centre for surrounding farming communities and benefits from its strategic location on the Melbourne–Adelaide transport corridor. Agriculture, transport, manufacturing and retail services are key contributors to the local economy, with grain production, livestock farming and food processing playing significant roles in the district.

According to the 2021 Census, Nhill had a population of 2,185 people. The township has a diverse and established community comprising farming families, long-term residents, professionals, retirees and workers employed across agriculture, healthcare, education and transport industries. Nhill is also recognised for its multicultural community, including a significant Karen population that has contributed to the town's cultural and economic development.

Nhill is well connected by the Western Highway, providing direct road access to Horsham, Dimboola, Melbourne and Adelaide. The township is served by V/Line coach services linking to major regional centres, while the Melbourne–Adelaide railway passes through Nhill as an important freight corridor. Local roads provide access to neighbouring rural communities throughout the Wimmera and Mallee regions.

As a regional service centre, Nhill offers a comprehensive range of essential amenities, including supermarkets, cafés, hotels, primary and secondary schools, childcare services, medical clinics, Nhill Hospital, aged care facilities, banking services, a library, sporting facilities and government services. Residents also have access to a variety of retail businesses, community organisations and professional services, with additional specialist healthcare and higher education available in Horsham.

Recreational opportunities include walking and cycling along the Nhill Swamp boardwalk, as well as exploring nearby parks and reserves. The township provides sporting facilities for football, netball, cricket, tennis, golf and lawn bowls, together with an outdoor swimming pool and recreation reserves. The nearby Little Desert National Park offers opportunities for bushwalking, camping, birdwatching, four-wheel driving and nature photography. At the same time, local community events and cultural festivals contribute to an active calendar year-round.

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