With a capital gain of 2.12% for the last 12 months, Nicholls, 2913 has performed for property investments than its average annual 2.79% property growth over the last 5 years.
The five-year average increase in median property values for Nicholls,2913 has given property investors a potential capital gain of 11.92% across each of those five years.
Nicholls2913 is located in ACT which offers an average discount of -3.89% to property investors. Nicholls itself is showing figures that indicate -3.22% is the average achievable by property buyers investing in the suburb.
Nicholls is 41th on a list of best yielding suburbs for rents in ACT with a 4.02% return
Property value increases in Nicholls have tracked higher than the ACT average of 2.54% over the last 12 months.
Nicholls,2913 was ranked 540 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Nicholls is offering property investors an average of -4.04. This rate of discount on properties puts Suburb at number 41th in terms of most discounted suburbs in ACT
At number 433 in a list of fastest selling suburbs, Nicholls is in the TOP 30% of suburbs in Australia with an average of days on market 58.74 for properties listed there.
Advertised rents are around the $455 mark per week – giving a return of 4.26% based on the median price in Suburb