Located in the Future Neighbourhood Residential Growth precinct in the sought after Nichols Point area, this 11 acre parcel of land with tenanted weatherboard 2 bedroom home is a rare investment opportunity for those willing to land bank for future zoning changes STCA.
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The size of Nichols Point is approximately 23.7 square kilometres. It has 4 parks covering nearly 57.2% of total area. The population of Nichols Point in 2011 was 1,463 people. By 2016 the population was 1,532 showing a population growth of 4.7% in the area during that time. The predominant age group in Nichols Point is 10-19 years. Households in Nichols Point are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nichols Point work in a managers occupation. In 2011, 81.8% of the homes in Nichols Point were owner-occupied compared with 84.7% in 2016.
Nichols Point has 746 properties. Over the last 5 years, Houses in Nichols Point have seen a 49.00% increase in median value. As at 31 October 2024:
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