Nillumbik
VIC, 3095
Thinking about buying in Nillumbik? Now could not be a better time, with 1197 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,732,000 with prices in this suburb ranging from $712,000 to $5,050,000. The aproximate distance to the coast is 22 Km.
Household Makeup
| Median Weekly Rent | $468.50 |
| Median Monthly Mortgage | $2404.25 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 3.00 |
| Average Age | 43.92 |
| Average Income | $1022.67 |
| Average Cars Per Dwelling | 2.48 |
| Average Properties Within 50M | 6 |
Housing Stock
Average Property Prices
| 1 Bed $1,794,000 |
| 2 Bed $1,457,000 |
| 3 Bed $1,470,000 |
| 4 Bed $2,127,000 |
| 5 Bed $2,439,000 |
| 6 Bed+$2,487,000 |
Nillumbik Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Nillumbik driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Nillumbik ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Nillumbik provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 'Lower than average population density constrains growth in Nillumbik to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Nillumbik we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Nillumbik a better buying opportunity than it may have been in the past.
Houses for sale Nillumbik
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27 RESEARCH AV, RESEARCH, VIC, 3095 |  5 |
 4 |
 2 |
Price Guide: $970,000 - $1.06m |
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UNIT 2, 390 REYNOLDS RD, RESEARCH, VIC, 3095 | 4 |
2 |
2 |
Price Guide: $2.3m - $2.39m |
Local Schools
Eltham College
Research Primary School
Kangaroo Ground Primary School
Eltham North Primary School
Eltham East Primary School
Diamond Creek East Primary School
Diamond Valley College
Sacred Heart School
(While the above schools are located with the suburb of Nillumbik there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Nillumbik weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Nov | 1.7 | 11.1 | 23.4 | 40.6 | 94.7 | 3.2 | 21.6 |
| Dec | 1.8 | 12.8 | 26.4 | 36.6 | 93 | 3.2 | 25.4 |
| Jan | 1.7 | 14.8 | 28.8 | 35.9 | 91.9 | 3.2 | 23.6 |
| Feb | 1.2 | 14.6 | 28.1 | 38.0 | 92.6 | 2.8 | 20.2 |
| Mar | 1.4 | 12.8 | 24.8 | 41.7 | 93.5 | 2.6 | 14.8 |
| Apr | 2.1 | 10.3 | 21.3 | 47.2 | 96.6 | 2.4 | 10.8 |
| May | 1.7 | 8.4 | 17.5 | 54.5 | 95.5 | 2.8 | 7.6 |
| Jun | 1.8 | 6.0 | 14.3 | 64.3 | 98.2 | 2.3 | 6.4 |
| Jul | 1.4 | 6.4 | 14.2 | 61.1 | 97.3 | 2.9 | 7.4 |
| Aug | 1.9 | 6.0 | 14.6 | 53.8 | 96.2 | 3.0 | 9.6 |
| Sept | 1.6 | 7.8 | 18.1 | 45.8 | 95.4 | 3.1 | 14.1 |
| Oct | 1.6 | 9.5 | 21.3 | 43.4 | 95 | 3.2 | 18.5 |
source: Australian Government Bureau of Meteorology
Internet Speed
Nearby Suburbs
Public Transport
Hurstbridge - Less than 10 KM
Montmorency - Less than 10 KM
Stop 70: Clements Drive - Greater then 10KM
Stop 70: Janefield Drive - Greater then 10KM
Stop 71: RMIT Bundoora Campus - Greater then 10KM
Stop 71: RMIT Bundoora Campus - Greater then 10KM
Macleod - Greater then 10KM
Watsonia - Less than 10 KM
Diamond Creek - Less than 5 KM
Wattle Glen - Less than 5 KM
General Points of Interest
Macedon Plaza - Less than 10 KM
Karingal Tennis Club - Less than 10 KM
St John Golf Course - Less than 10 KM
Diamond Valley Railway - Less than 10 KM
View Bank Tennis Club - Less than 10 KM
Doncaster Athletics Track - Less than 10 KM
Goldfields Shopping Centre - Less than 5 KM
Warrandyte War Memorial - Less than 5 KM
Doncaster Action Indoor Sports - Less than 10 KM
Eltham Leisure Centre - Less than 5 KM
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