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Nicholls Rivulet, TAS 7112

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Strong Growth

Median House

$850,000

list-price estimate

Median Unit

$445,000

list-price estimate

Gross Yield

-

1yr Growth (houses)

+10.1%

market range -7.5% to +15.0%

Investment snapshot for Nicholls Rivulet

Nicholls Rivulet has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Nicholls Rivulet market and investor summary

Nicholls Rivulet sits in TAS, postcode 7112. House prices have moved +10.1% over the past year and +12.3% over three years. At 4.4% vacancy, it is a softer rental market with more choice for tenants.

Demand is softer at 4.4% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.

Living in Nicholls Rivulet: people, income and schools

About 369 people live in Nicholls Rivulet, and the area has been growing steadily, up about 8% over five years. The median age is 47, skewed a little older, and 89% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $69,000 a year, or roughly $1,320 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.

There is 1 school within about 5km, testing below the national school average on ICSEA. It is roughly 34 km from the CBD. It is fairly car-dependent; the suburb scores 2 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
369
+8% over 5yr
Median age
47 years
Median household income
$69,000/yr
Households renting
13%
Family households
80%
Socio-economic rank
3/10
ABS advantage index
Schools within 5km
1
avg ICSEA 948
Unemployment
4.4%
Distance to CBD
34 km
Walk score
2/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Nicholls Rivulet

No properties currently listed in Nicholls Rivulet

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Frequently asked questions about Nicholls Rivulet

What should I check before investing in Nicholls Rivulet?

Nicholls Rivulet has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +10.1% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What does recent house price growth show for Nicholls Rivulet?

House prices in Nicholls Rivulet are up 10.1% over the past year and up 12.3% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Nicholls Rivulet?

The current vacancy rate in Nicholls Rivulet is 4.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Nicholls Rivulet?

Nicholls Rivulet has a population of approximately 369 residents, with a median age of 47.

What schools are near Nicholls Rivulet?

There are 1 school within roughly 5km of Nicholls Rivulet. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Nicholls Rivulet's population growing?

The population of Nicholls Rivulet has grown about 8% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Nicholls Rivulet from the CBD?

Nicholls Rivulet is about 34 km from the CBD.

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