Nicholls has had a pretty average year for property investment returns compared to the rest of ACT, giving investors a capital gain of 7.80% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Nicholls has increased when compared to the 5 year average annual rate.
Nicholls2913 is located in ACT which offers an average discount of -3.67% to property investors. Nicholls itself is showing figures that indicate -2.76% is the average achievable by property buyers investing in the suburb.
Giving property investors a a stable capital gain of 7.35% for the last year, Nicholls, 2913 is the 649th highest performer in Australia in this respect.
Across a shorter period, Nicholls, 2913 has seen a median price increase of -1.35% over the last quarter.
At number 42th of ACT’s most discounted properties, Nicholls is in the TOP 10% of the state/territory when listing in order of most discounted to least.
In the last year 42 properties changed hands in Nicholls, which puts it as the 28th most active market in ACT when comparing the number of sales per suburb.
With the median price for a house in Nicholls being $547500 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 4.37%