Nichols Point VIC Property Investment

Mildura · 3501

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Median House Price

$765K

Rental Yield

N/A

Vacancy Rate

N/A

Median Weekly Rent

N/A

Median Unit Price

$419K

Population (Census 2021)

1,723

Nichols Point Short-Term Rental Market

Short-stay estimate: run a brief

New dwellings approved

New dwellings approved, Mildura council area, 12 months to Aug 2026: 446. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Nichols Point.

Suburb Metric Thresholds

4 green1 yellow1 red

Population growth 2016–21, postcode 3501 (ABS Census)

2.03 high impact

Median Household Income

2055 medium impact

Public Transport Score

No data medium impact

School Zone Quality

6 medium impact

Distance to CBD

471.59 medium impact

SEIFA Advantage/Disadvantage

7 medium impact

Owner Occupier Rate

85.5 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-08

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3501

Most disadvantagedLeast disadvantaged

Decile 9 of 10 — Low disadvantage

Population (suburb)

1,723

Education (IEO)

6/10

Econ. Resources (IER)

10/10

Schools

In your catchment

Nichols Point Primary School

PrimaryGovernment

6/10

Irymple Secondary College

SecondaryGovernment

6/10

Mildura Senior College

SecondaryGovernment

5.4/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.