Real Estate Nilma North, VIC, 3821 Baw Baw

Thinking about buying in Nilma North? Now could not be a better time, with just 141 residential dwellings it's a highly sought after location.

The average property price for this area is $977,000 with prices in this suburb ranging from $826,000 to $1,075,000.

Distance to the coast is 43 Km.

Instant Valuation

Nilma North Real Estate Market Outlook

In Nilma North there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Nilma North 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 Nilma North provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Nilma North necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Nilma North 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 Nilma North a better buying opportunity than it may have been in the past.

About

Household makeup

Median Weekly Rent $189.00
Median Monthly Mortgage $1881.00
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 41.00
Average Income $917.00
Average Cars Per Dwelling 2.75
Average Properties Within 50M 1.00

Housing Stock


Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Nilma North there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average


Nilma North 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
Jan2.28.417.246.289.24.023.5
Feb3.98.416.751.192.03.319.7
Mar4.16.213.562.294.83.215.6
Apr4.83.99.868.195.43.711.8
May4.61.25.970.795.04.08.4
Jun4.9-0.93.275.397.23.07.4
Jul7-1.61.981.497.13.36.9
Aug6.4-1.92.578.598.43.78.9
Sept6.8-0.25.965.496.24.213.5
Oct4.72.410.257.293.43.918.5
Nov5.34.112.356.293.94.021.7
Dec5.06.415.052.791.93.923.8

source: Australian Government Bureau of Meteorology



Internet Speed

Fixed Wireless

Satellite


Nearby Suburbs

LillicoNilmaDarnumBuln BulnBuln Buln EastShady CreekWarragulCrossoverBrandy CreekBravington

Public Transport

Moe - Greater then 10KM Garfield - Greater then 10KM Tynong - Greater then 10KM Warragul - Less than 10 KM Longwarry - Greater then 10KM Morwell - Greater then 10KM Trafalgar - Greater then 10KM Yarragon - Less than 10 KM Bunyip - Greater then 10KM Drouin - Greater then 10KM

General Points of Interest

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