Question 1

Is Nickol a nice place to live?

Accepted Answer

Nickol sits on the northern edge of Broome in the Kimberley, inland from Cable Beach and Roebuck Bay. It has a quiet, low-rise residential character with mostly single-storey homes on generous blocks, many with tropical gardens and space for outdoor living. Life here is relaxed and outdoors-oriented, with easy access to beaches, fishing and nearby bushland, while Broome's town centre and services are within easy reach. The suburb tends to attract families and people seeking a calm base close to the coast, with a mix of established houses and newer residential lots.

About 4,938 people live in Nickol; the median age is 31 and the median total household income is $3,736 a week, roughly $194,300 a year. The community is weighted towards couple families and most homes are rented (75.0%), with owner-occupiers making up 25.0%. The suburb is the site of a small publicly funded housing program including Government Regional Officer Housing dwellings, and the City of Karratha has progressed other local housing projects. Local district health services have been consolidated into the Karratha Health Campus in the town centre. Whether that mix suits you depends on what you are looking for.

Question 2

Is it expensive to live in Nickol?

Accepted Answer

Rents in Nickol run to about $1,450 a week. Against a typical local household income of $3,736 a week as recorded at the most recent Census, that rent is roughly 38.8% of income, which is a sizeable share on these figures. Buying is also stretched against local earnings: the median house price of $830,000 is about 4.3 times a typical local household's annual income at the last Census, which sits somewhat above what people locally earned then. For renters the rent share is the most relevant number; for buyers the price multiple is the key figure to consider.

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 Nickol a good place to invest?

Accepted Answer

Houses in Nickol showed strong movement over the past 12 months: median house values rose 19.4% while house rents climbed 26.1%.

Put simply, the value figure is the change in capital growth and the rent figure is the change in rental income, and on the house side rents increased faster than prices this year. Whether that balance fits your needs depends on your own goals and circumstances.

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	$830K	N/A
Change in value Past 12 months	19.4%	N/A
Sold Past 3 months	19	1
Median days on market Past 12 months	15	N/A
Average rent Past 12 months	$1450	N/A
Change in rent Past 12 months	26.1%	N/A

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