Question 1

Is Nicholson a nice place to live?

Accepted Answer

Nicholson sits beside the Nicholson River near the Gippsland Lakes and includes the East Gippsland Rail Trail crossing on a restored timber-and-steel trestle bridge.

The community is older, with 51.8% of homes owned outright, and life tends to revolve around the water and nearby wetlands; boating, fishing and birdwatching are common pursuits, while farmland, reserves and riverside tracks shape everyday outdoor rhythms and the Princes Highway provides straightforward road links to surrounding centres.

Question 2

Is it expensive to live in Nicholson?

Accepted Answer

A typical household in Nicholson had a median total household income of $1,390 a week at the most recent Census. There haven't been enough recent property sales or rentals to publish reliable price and rent figures for Nicholson, so it isn't possible to describe how expensive housing is there compared with local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Nicholson a good place to invest?

Accepted Answer

House values in Nicholson rose a strong 21.2% over the past 12 months.

That increase is a measure of capital growth for houses in Nicholson. There isn't enough recent published data on unit values or rents to describe how those parts of the market moved.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	21.2%	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	76	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	VIC
Median age years	47	38
Median household income weekly	$1,390	$1,759
Couples with children share of families	38.3%	45.5%
Couples without children share of families	48.8%	37.6%
One-parent families share of families	12.1%	15.2%
Homes owned outright share of homes	51.8%	33.2%
Homes with a mortgage share of homes	40.5%	37.3%
Homes rented share of homes	7.7%	29.5%

Get a property report and suburb profile for any property in Nicholson

Nicholson suburb profile

Nicholson property market performance

Nicholson demographics

Suburbs near Nicholson

Get a head start and compare top local agents in Nicholson

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market