This property is Off Market
With an average age of 41, households expect an average monthly mortgage payment of $2,383 or a weekly rent payment of $388. The average family earns a weekly income of $3,027 with a typical household size of 2.7 and a 98.58% employment rate.
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. High average incomes in Nicholls 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. The high percentage of professional people in Nicholls classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Nicholls requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 1%)
Nicholls a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Australian Capital Territory State average 56 / 100
Income
65 / 100
56 / 100
Industry
35 / 100
28 / 100
Population
42 / 100
26 / 100
House Prices
76 / 100
72 / 100
Jobs
44 / 100
32 / 100
Incidents Trend State Average
Burgmann Anglican School
Gungahlin, ACT, 2912 Independent K-12
Holy Spirit Primary School
Nicholls, ACT, 2913 Independent K-6
Ngunnawal Primary School
Ngunnawal, ACT, 2913 Independent K-6
Evatt Primary School
Evatt, ACT, 2617 Independent K-6
Good Shepherd Primary School
Amaroo, ACT, 2914 Independent K-6
Gold Creek School
Nicholls, ACT, 2913 Independent K-10
Giralang Primary School
Giralang, ACT, 2617 Independent K-6
Palmerston District Primary School
Palmerston, ACT, 2913 Independent K-6
Gungahlin College
Gungahlin, ACT, 2912 Independent 10-12
St John Paul II College
Nicholls, ACT, 2913 Independent 7-12
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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