Suburb Profile Report for Nicholls ACT (2913)

Nicholls House: Median price $737,000, Annual capital growth 3.45%, Number of sales 73, Weekly median advertised rent $540

Nicholls Unit: Median price $520,000, Annual capital growth 3.98%, Number of sales 28, Weekly median advertised rent $430

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 5.66% for the last year, Nicholls, 2913 is the 1807th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Nicholls has given property investors a paper return of -2.25%. This puts Suburb as 74 on a list of fastest fasting appreciating suburbs in ACT

Our latest figures would indicate that property sellers in Nicholls are currently offering property investors an average price cut of -2.94% below the asking price at the moment.

Often selling an investment property can take time, and in Nicholls the average time real estate has been on the market is 68.54 days.

Situated 10.42km from the CBD, Nicholls is one of Unincorporated ACT localities in the postcode 2913.

Investment property in Nicholls has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.24%

If we look at median property appreciation over just the last three months, Nicholls has given property investors a paper return of 4.00%. This puts Suburb as 14 on a list of fastest fasting appreciating suburbs in ACT

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Nicholls, 2913. Typically our figures indicate that -3.96% is being offered, which puts this ACT suburb at 1111th most discounted overall in Australia.

Property investors should expect to get $430 weekly from the median priced house in this suburb.

HOUSE UNIT
$737,000 $520,000
-2.25% 4.00%
5.66% 9.24%
3.45% 3.98%
$540 $430
73 28
3.81% 4.30%
68.54 60.3

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
Find a mortgage broker in Nicholls ACT
Demographics
Total population 6952
Median household income ($/weekly) 2583
Median age of persons 37
Median housing loan repayment ($/monthly) 2167
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1210 17.4
    25-34 years 615 8.8
    35-44 years 1143 16.4
    45-54 years 1240 17.8
    55-64 years 813 11.7
    Others 1929 27.8
    Age Group
    Census Count Percent(%)
    Registered Married 3092 61.8
    Not Married 1596 31.9
    Defacto Relationship 314 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4897 72.6
    Croatia 130 1.9
    Indonesia 135 2.0
    United Kingdom 338 5.0
    Other 332 4.9
    Others 910 13.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 266 4.1
    Christianity 4448 68.1
    Hinduism 189 2.9
    Islam 118 1.8
    No Religion 1466 22.4
    Others 45 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 210 10.7
    $2,000-$2,499 203 10.4
    $2,500-$2,999 318 16.2
    $3,000-$3,499 242 12.4
    $4,000 or more 315 16.1
    Others 671 34.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2579 49.6
    Not in the labour force 1289 24.8
    Employed, worked part-time 1008 19.4
    Employed, away from work 233 4.5
    Unemployed, looking for work 94 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 753 19.7
    Professionals 1010 26.4
    Technicians & trades workers 358 9.4
    Community & personal service workers 358 9.4
    Clerical & administrative workers 826 21.6
    Others 519 13.6
    Occupation
    Census Count Percent(%)
    Pre-school 88 4.1
    Infants/Primary 765 35.5
    Secondary 735 34.1
    Technical or Further Educational Institution 124 5.8
    University or other Tertiary Institutions 399 18.5
    Others 44 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5991 90.3
    Semi-detached, row or terrace house, townhouse 636 9.6
    Flat, unit or apartment 3 0.0
    Caravan, cabin, houseboat 3 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1038 47.7
    Fully owned 737 33.9
    Rented 394 18.1
    Other tenure type 7 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals