Thinking about buying in Nichols Point? Now could not be a better time, with 813 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $726,000 with prices in this suburb ranging from $240,000 to $1,758,000. The aproximate distance to the coast is 316 Km.

Nichols Point Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Nichols Point are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Nichols Point provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Nichols Point the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Nichols Point

	38 COOKE ST, NICHOLS POINT, VIC, 3501	4	2	2	$1,100,000 - $1,200,000
	155-159 KOORLONG AV, NICHOLS POINT, VIC, 3501	0	0	0	$326,000
	11 LAUREL AV, NICHOLS POINT, VIC, 3501	4	1	2	$500,000 - $550,000
	30 FIFTH ST, NICHOLS POINT, VIC, 3501	2	1	1	Under Contract
	184 KOORLONG AV, NICHOLS POINT, VIC, 3501	4	1	2	465000

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General Points of Interest

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