Nichols Point, VIC 3501
Compare Part of Mildura
472.42 km
Distance from Melbourne CBD
8 k
Population
Median Sale Price
House
-
Updated on Apr 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $320,000 | 0.0% | $220,000 | $432,000 | 11 |
| 2010 | $385,000 | +16.9% | $115,000 | $585,000 | 13 |
| 2011 | $375,000 | -2.7% | $190,000 | $600,000 | 13 |
| 2012 | $330,000 | -13.6% | $175,000 | $725,000 | 12 |
| 2013 | $370,000 | +10.8% | $145,000 | $620,000 | 28 |
| 2014 | $480,000 | +22.9% | $272,000 | $865,000 | 13 |
| 2015 | $415,000 | -15.7% | $85,000 | $865,000 | 21 |
| 2016 | $415,000 | 0.0% | $120,000 | $610,000 | 18 |
| 2017 | $488,000 | +15.0% | $400,000 | $600,000 | 12 |
| 2018 | $500,000 | +2.4% | $373,000 | $710,000 | 13 |
| 2019 | $530,000 | +5.7% | $245,000 | $935,000 | 12 |
| 2020 | $500,000 | -6.0% | $150,000 | $1,345,000 | 14 |
| 2021 | $690,000 | +27.5% | $121,000 | $805,000 | 13 |
| 2022 | $865,000 | +20.2% | $400,000 | $1,150,000 | 14 |
| 2023 | $760,000 | -13.8% | $460,000 | $1,300,000 | 19 |
| 2024 | $1,095,000 | +30.6% | $465,000 | $1,140,000 | 5 |
Median Sale Price
$880K
Based on 15 recorded sales within the last 12 months
Updated on 29 Jun 2024
Suburb Growth
+7.4%
Current Median Price: $880,000
Previous Median Price: $815,000
Based on 30 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2024)
Price Range Segments (12 months ending May 2024)
Median Weekly Rent Price
House
-
Updated on Apr 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $280 | 0.0% | $165 | $290 | 4 |
| 2012 | $210 | -33.3% | $165 | $300 | 3 |
| 2013 | $250 | +16.0% | $200 | $550 | 7 |
| 2014 | $240 | -4.2% | $155 | $580 | 5 |
| 2015 | $385 | +37.7% | $250 | $430 | 8 |
| 2016 | $235 | -63.8% | $220 | $490 | 3 |
| 2017 | $320 | +26.6% | $240 | $550 | 4 |
| 2018 | $300 | -6.7% | $260 | $450 | 5 |
| 2019 | $320 | +6.3% | $250 | $440 | 3 |
| 2020 | $330 | +3.0% | $190 | $500 | 9 |
| 2021 | $530 | +37.7% | $250 | $550 | 4 |
| 2022 | $375 | -41.3% | $310 | $550 | 5 |
| 2023 | $420 | +10.7% | $400 | $420 | 2 |
| 2024 | - | - | - | - | - |
Median Rent Price
$400
per week
Based on 1 recorded rent within the last 12 months
Updated on 29 Jun 2024
Rent Price Growth
-5.0%
Current Median Rent: $400
Previous Median Rent: $420
Based on 2 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.4%
Current Median Price: $880,000
Current Median rent: $400
Based on 16 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2024)
Schools closest to Nichols Point, VIC 3501
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Nichols Point Primary School | 110 KOORLONG AVENUENichols Point 3501 | Primary | Government | 1.75 km |