Real Estate Nilma, VIC, 3821 Baw Baw

Thinking about buying in Nilma? Now could not be a better time, with just 360 residential dwellings it's a highly sought after location.

The average property price for this area is $964,000 with prices in this suburb ranging from $863,000 to $1,664,000.

Distance to the coast is 40 Km.

Instant Valuation

Nilma Real Estate Market Outlook

In Nilma 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 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 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 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 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 a better buying opportunity than it may have been in the past.

About

Household makeup

Median Weekly Rent $253.75
Median Monthly Mortgage $1245.00
Median Persons Per Bedroom 0.65
Average Household Size 2.75
Average Age 35.00
Average Income $988.00
Average Cars Per Dwelling 2.93
Average Properties Within 50M 16.00

Typical Property Prices

2 Bed$500,000
3 Bed$925,000
6 Bed +$1,728,947

Housing Stock

Houses for sale Nilma

Harcourts 1 CHITALWOOD CT, NILMA, VIC, 3821 6 4 10 $1,550,000
One Agency 60 BLOOMFIELD RD, NILMA, VIC, 3821 1 2 1 $729,000to $769,000

Local Schools

Nilma Primary School

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

Local Crime Rate

Incidents Trend State Average


Nilma 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
Jan1.213.427.939.290.44.323.6
Feb213.527.043.192.74.119.7
Mar1.811.824.446.192.73.814.5
Apr1.99.220.852.995.33.211.2
May1.86.217.059.495.33.48.5
Jun1.93.914.265.095.43.07.5
Jul1.94.114.062.895.23.77.5
Aug2.64.514.957.994.84.010.0
Sept2.46.117.651.194.04.314.2
Oct2.07.620.349.394.24.119
Nov2.39.422.847.694.04.321.5
Dec1.711.725.342.492.34.423.6

source: Australian Government Bureau of Meteorology



Internet Speed

Fibre to the Node

Fixed Wireless

Satellite


Nearby Suburbs

Bona VistaWarragulDarnumLillicoNilma NorthGainsboroughWarragul SouthWarragul WestCloverleaBuln Buln

Public Transport

Moe - Greater then 10KM Garfield - Greater then 10KM Tynong - Greater then 10KM Warragul - Less than 5 KM Longwarry - Greater then 10KM Leongatha - 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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