Lot 5, 68 Cabernet Close

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 914 properties. Over the last 5 years, Houses in Nicholson have seen a 33.45% increase in median value. As at 30 September 2024:

• The median value for Houses in Nicholson is $701,680 while the median value for Units is $352,597.
• Houses have a median rent of $315.