Property investors who have had real estate in Nicholls, 2913 should be relatively pleased with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.39%
Comparing Nicholls,2913 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Nicholls2913 is located in ACT which offers an average discount of -4.38% to property investors. Nicholls itself is showing figures that indicate -2.20% is the average achievable by property buyers investing in the suburb.
The ACT suburb of Nicholls, 2913 is in the Unincorporated ACT local government area.
Investment property in Nicholls has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 19.00%
Nicholls,2913 has offered an average of 19.00% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Nicholls are currently offering property investors an average price cut of -3.74% 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 52.7 days.
With the median price for a house in Nicholls being $545000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.01%