Giving property investors a a stable capital gain of 10.30% for the last year, Nicholls, 2913 is the 942th highest performer in Australia in this respect.
Across a shorter period, Nicholls, 2913 has seen a median price increase of 1.86% over the last quarter.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.63% offered to property buyers. Sellers in Nicholls itself are offering an average vendor discount of -1.56% to real estate investors.
In the last year 77 properties changed hands in Nicholls, which puts it as the 10th most active market in ACT when comparing the number of sales per suburb.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 3.62%, investors should hope to achieve an overall return of 3.73%
Nicholls, 2913 ranked 16th in ACT when comparing growth in median property values or capital gain over the last 12 months. Nicholls is one of 126 in our list for ACT
While Nicholls,2913 ranked number 5th in ACT for increase in median house value (annualised) increase, it is ranked 8th over the last 5 years.
Nicholls, 2913 is offering ACT ‘s 19th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this ACT.
Nicholls, 2913’s gross rental yield is 4.14%