With a capital gain of 9.84% for the last 12 months, Nicholls, 2913 has performed for property investments than its average annual 3.76% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Nicholls,2913 has racked up an average of 9.84% over the period. This ranks it number 2941th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Nicholls 2913 should be seeing an average reduction in asking price of around -2.21% . This means that Nicholls is holding prices well when compared to other suburbs in ACT.
Nicholls has had a A very good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 19.00% to date .
Over the longer term, Nicholls has seen property prices show investors a 6.86% return over the last 3 years. This is an improvement over the last 12 months
The most recent median price for Nicholls is $545000, with sellers offering an average of -3.35% off the asking price.
Situated 10.78km from the CBD, Nicholls is one of Unincorporated ACT localities in the postcode 2913.