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Investment Property Nicholson, VIC, 3882

Suburb Snapshot

Nicholson is a suburb in the East Gippsland Region of Victoria. Nicholson has a population of 1,092 people and 9.53% of its occupants live in rental accommodation. The median listing price for houses is $762,500 and this has changed -10.30% over the past year and changed -12.86% over 2 years.

The median rent in Nicholson for houses is $520 per week and the median rental yield is 3.54%. Stock on the market for houses/townhouses has changed 40.00% compared to last year and the average time to sell a house/townhouse is 152 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Nicholson is NA per week, producing a rental yield of NA.

Supply & Demand in Nicholson, East Gippsland

0.14%

Current vacancy rate


1

Rental stock available


1,092

Population


9.53%

Rental population


0.56%

Current vacancy rate


161

Rental stock available


45,041

Population


17.07%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Nicholson, East Gippsland

  House Townhouses Units
Median listing price $762,500 NA NA
Median price change - last quarter 4.26% NA NA
Median price change - 1 year -10.30% NA NA
Median price change - 2 years -12.86% NA NA
  House Townhouses Units
Median weekly rent $520 NA NA
Median yield % 3.54% NA NA
Median rent change - 1 year NA NA NA
  House Units
Previous month sales 3 0
Stock on market previous month 21 0
Stock variance vs. last year 40.00% 0.00%
Average days on market 152 NA

Nicholson investment property listings

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