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Mildura Rural City (Sunraysia)

Nichols Point

Nichols Point Property Market
& Suburb Profile

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MEDIAN PRICES IN NICHOLS POINT

Median house price

(all agencies, last 12 months)$850k*

House price change

(all agencies, last 12 months)+11.11%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

NICHOLS POINT price TRACKER

Houses

Nichols Point sales overview

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)70

Average held period in Nichols Point

(proptrack)6 years

Nichols Point Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$566pw

House rental price change

(all agencies, last 12 months)0.06%

Median rental price for Units

(all agencies, last 12 months)$342pw

Unit rental price change

(all agencies, last 12 months)0.04%

Average rental yield for Houses

(all agencies, last 12 months)3.79%

Average rental yield for Units

(all agencies, last 12 months)4.01%

Nichols Point total population size

(as at the last census)1,723

Median household size in Nichols Point

(as at the last census)2.9

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Nichols Point property types

  • Houses 66%
  • Other 34%

OCCUPANCY in Nichols Point

  • Owned 86%
  • Rented 11%
  • Other/Not Stated 3%
  • Singles 18%
  • Families 80%
  • Other 1%

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About Nichols Point

Nichols Point 3501 is a tranquil and family-friendly suburb located in the regional city of Mildura, Victoria. This picturesque suburb boasts a population of approximately 1,300 residents and is situated just 8 km south of Mildura's central business district.

The area is predominantly irrigated farmland, with its spacious residential blocks, Nichols Point is a popular choice for families seeking a quiet and peaceful lifestyle.

The suburb is well-serviced with quality schools, including Nichols Point Primary School, and a range of local amenities, such as a post office, general store, sporting facilities, and the Riverside Golf Club.

Nichols Point is surrounded by the lush greenery of the Murray River, providing ample opportunities for outdoor recreation. The area is renowned for its scenic walking and cycling tracks, including the Nearby Kings Billabong Wildlife Reserve, managed by Parks Victoria.

Bordered by a wide stretch of the Murray River, home to majestic River Red Gums and a fantastic variety of birdlife, Kings Billabong Reserve is an ideal place to discover nature and history within minutes of Nichols Point and Mildura.

Real estate in Nichols Point offers excellent value for money, with a range of properties available to suit all budgets and lifestyles. The median house price makes it an affordable option for families looking to settle down in a peaceful and friendly community.

Overall, Nichols Point is a desirable suburb that offers a perfect balance of peace and tranquillity, with easy access to the conveniences of nearby Mildura. With its stunning natural surroundings and relaxed lifestyle, Nichols Point is the perfect place to call home.

Education

Nichols Point Primary School
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Sales Comparison

Find out how Nichols Point median sales prices compare to neighbouring suburbs.

Nichols Point MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202521$425,00011.11%6$454pw3.90%
202422$382,5002.00%3$436pw4.31%
202318$375,000-7.97%9$391pw3.91%
202215$407,50027.33%8$361pw3.79%
202122$320,00014.21%8$332pw3.76%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202521$425,000+11.11%
202422$382,500+2.00%
202318$375,000-7.97%
202215$407,500+27.33%
202122$320,000+14.21%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20256$454pw3.90%
20243$436pw4.31%
20239$391pw3.91%
20228$361pw3.79%
20218$332pw3.76%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.