NICHOLS POINT 3501
State: VICPosiProp AI Investment Summary
NICHOLS POINT (VIC 3501) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Down -10.0%, with a median house buy price of $765,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$420,000
$725,000
$923,250
$765,000
Suburb Market Profile
Last month Nichols Point had 3 properties available for rent and 5 properties for sale. Median sold prices over the last year is $765,000 for houses. If you are looking for an investment property, consider houses in Nichols Point rent out for $443 PW with an annual rental yield of 3.5% and units rent for $455 PW with a rental yield of 4.2%. Nichols Point has seen an annual compound growth rate of -10.0% for houses.
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