Lot 2/20 Stephenson Road

Nicholson VIC 3882

The size of Nicholson is approximately 70 square kilometres. The population of Nicholson in 2011 was 955 people. By 2016 the population was 1,116 showing a population growth of 16.9% in the area during that time. The predominant age group in Nicholson is 60-69 years. Households in Nicholson are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nicholson work in a trades occupation. In 2011, 85.2% of the homes in Nicholson were owner-occupied compared with 85.9% in 2016.

Nicholson has 910 properties. Over the last 5 years, Houses in Nicholson have seen a 107.73% increase in median value. As at 31 August 2024:

• The median value for Houses in Nicholson is $804,015 while the median value for Units is $301,567.
• Houses have a median rent of $315.