Suburb Profile
Supply Demand History in Nicholson
| Month | Supply | Demand |
|---|---|---|
| 2015 Apr | 97 | 592 |
| 2015 May | 100 | 811 |
| 2015 Jun | 96 | 702 |
| 2015 Jul | 81 | 672 |
| 2015 Aug | 78 | 604 |
| 2015 Sep | 79 | 550 |
| 2015 Oct | 79 | 456 |
| 2015 Nov | 96 | 489 |
| 2015 Dec | 77 | 470 |
| 2016 Jan | 79 | 690 |
| 2016 Feb | 72 | 597 |
| 2016 Mar | 72 | 572 |
| 2016 Apr | 71 | 625 |
More Recent Sold in Nicholson
| Address | Type | Sold Price | ||
|---|---|---|---|---|
| 29 Hazeldene Cres Nicholson 3882 | house | 4 | Jan 2024 | $670,000 |
| 35 Watts Road Nicholson 3882 | house | 3 | Jan 2024 | $729,000 |
| 5 Parkside Drive Nicholson 3882 | residential land | 0 | Nov 2023 | $365,000 |
| 31 Neds Creek Drive Nicholson 3882 | acreage-semi-rural | 4 | Sep 2023 | $850,000 |
| 187 Nicholson-Sarsfield Rd Nicholson 3882 | house | 4 | Aug 2023 | $1,100,000 |
More Recent Rent in Nicholson
| Address | Type | Price/Week | ||
|---|---|---|---|---|
| 49 Koraleigh View Nicholson 3882 | acreage/semi-rural | 4 | Jan 2024 | $580 |
| 6 Peppercorn Way Nicholson 3882 | house | 3 | Oct 2023 | $500 |
| 36 Parkside Drive Nicholson 3882 | house | 4 | Jul 2023 | $570 |
| 9 Sarsfield Nicholson Road Nicholson 3882 | house | 3 | Jul 2023 | $350 |
| 88 Watts Road Nicholson 3882 | acreage/semi-rural | 3 | Jul 2023 | $595 |
Rent Yield in Nicholson
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 2 | $614,667 | - | - | $649,000 | - | - | 3 |
| 3 | $865,800 | - | - | $875,000 | - | - | 5 |
| 4 | $821,643 | $620 | 3.92% | $844,500 | $620 | 3.82% | 15 |
| 5 | $1,108,333 | - | - | $1,000,000 | - | - | 3 |
| 7 | $1,246,500 | - | - | $1,246,500 | - | - | 2 |
| House | |||||||
| 2 | $597,500 | - | - | $597,500 | - | - | 2 |
| 3 | $824,667 | - | - | $749,000 | - | - | 3 |
| 4 | $754,833 | - | - | $719,500 | - | - | 6 |
| Rural | |||||||
| 3 | $980,000 | - | - | $980,000 | - | - | 1 |
| 4 | $897,000 | $620 | 3.59% | $897,000 | $620 | 3.59% | 3 |
| 5 | $1,162,500 | - | - | $1,162,500 | - | - | 2 |
| Other | |||||||
| 3 | $875,000 | - | - | $875,000 | - | - | 1 |
| 4 | $917,500 | - | - | $917,500 | - | - | 2 |
| 5 | $1,000,000 | - | - | $1,000,000 | - | - | 1 |
| Unknown | |||||||
| 2 | $649,000 | - | - | $649,000 | - | - | 1 |
| 4 | $836,250 | - | - | $792,500 | - | - | 4 |
| 7 | $1,246,500 | - | - | $1,246,500 | - | - | 2 |
Demographics of Nicholson
| PopulationSize | Nicholson | Melbourne |
| All People | 704 | 4645103 |
| Country of Origin | Nicholson | Melbourne |
| Australian Born | 90% | 71% |
| Born Overseas - Top 5 | Nicholson | Melbourne |
| United Kingdom | 6% | 4% |
| Germany | 1% | 1% |
| Netherlands | 1% | 1% |
| New Zealand | 1% | 1% |
| Median household income | Nicholson | Melbourne |
| Weekly income | $861 | $1,333 |
| Age Statistics | Nicholson | Melbourne |
| 40 to 59 | 36% | 26% |
| 5 to 19 | 22% | 21% |
| 60+ | 19% | 17% |
| 20 to 39 | 17% | 29% |
| 0 to 4 | 6% | 6% |
| Family Statistics - Top 5 | Nicholson | Melbourne |
| Married | 66% | 52% |
| Never Married | 22% | 32% |
| Divorced | 6% | 7% |
| Widowed | 3% | 6% |
| Separated | 2% | 3% |
| Religion - Top 5 | Nicholson | Melbourne |
| Anglican | 33% | 17% |
| No Religion | 31% | 20% |
| Catholic | 16% | 32% |
| Uniting Church | 9% | 7% |
| Presbyterian and Reformed | 4% | 4% |
| Occupation - Top 5 | Nicholson | Melbourne |
| Associate Professional | 7% | 5% |
| Professionals | 7% | 8% |
| Managers and Administrators | 5% | 4% |
| Intermediate Clerical/Sales/Service | 5% | 7% |
| Tradespersons and Related Workers | 5% | 6% |
| Education - Top 5 | Nicholson | Melbourne |
| Not Attending (Working) | 76% | 74% |
| Infants/Primary | 10% | 9% |
| Secondary Education | 10% | 8% |
| Technical or Further Education | 2% | 3% |
| University or other Tertiary Institution | 2% | 4% |
| Transport to Work - Top 5 | Nicholson | Melbourne |
| Car (driver) | 21% | 27% |
| Worked at home | 5% | 2% |
| Car (passenger) | 3% | 3% |
| Walked | 1% | 1% |
| Type of Dwelling - Top 3 | Nicholson | Melbourne |
| Separate house | 85% | 78% |
| Flat | 1% | 12% |
| Nature of Occupancy - Top 3 | Nicholson | Melbourne |
| Fully Owned | 59% | 44% |
| Purchasing | 24% | 27% |
| Rented | 10% | 23% |
| Monthly Loan Repayment - Top 5 | Nicholson | Melbourne |
| $200-$399 | 22% | 10% |
| $400-$599 | 19% | 18% |
| $800-$999 | 16% | 18% |
Crime Rate of East Gippsland
| Crime Type | Rate of EAST GIPPSLAND | Rate of VIC |
| Crime Against Property | 3,639 | 4,607 |
| Crime Against the Person | 1,161 | 940 |
| Drug Offences | 150 | 311 |
| Other Crime | 1,007 | 875 |
| Total | 5,957 | 6,733 |
Based on Australian Bureau of Statistics data
Nicholson, VIC 3882 (243.77 km to CBD)
Median House Price
$820,000
Median Unit Price
$1,500,000
Surrounding Suburbs
Selected Demographics of Nicholson
- 350 Number of House
- 45 Number of Unit
- 704 Number of People
- 51 Median Age
- 2.4 Median Household Size
- $150 Weekly Rent
- $472 Weekly Individual Income
- $970 Weekly Family Income
- $848 Weekly Household Income
- $820,000 Median Asking Price
- $470 Median Rent
- 0.03% Rent Yield
- 4 Stock On Sale
- 0.23% Vacancy Rate
- 72 Average Supply
- 590 Average Demand
- 8.25 Supply Demand Ratio
Schools in Nicholson
| School Name | School Sector | School Type |
|---|---|---|
| Nicholson Primary School | Government | Primary |
Leading Agencies (Sale)
King and Heath First National - Bairnsdale 29%
Elders Real Estate - Bairnsdale 16%
Bill Wyndham & Co - Bairnsdale 15%
LJ Hooker - Bairnsdale 13%
Vic Properties - Doncaster 9%
Bret Ward Real Estate - Paynesville 6%
East Gippsland & Lakes Real Estate Pty Ltd - Nicholson 4%
Harcourts Bairnsdale - BAIRNSDALE 1%
Beadle Real Estate - Paynesville 1%
Coast to Country Real Estate - BAIRNSDALE 1%
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