Nicholls vs Crace

Crace (median $1,080,000) is roughly 14% cheaper to buy into than Nicholls ($1,250,000).

Buying in Nicholls or Crace?

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Nicholls and Crace side by side

MeasureNichollsCrace
Price and market
Median house$1,250,000$1,080,000
Median unit$777,500$410,000
Renting
House rent$460/wk$460/wk
Unit rent$502/wk$460/wk
Owner occupied84.0%61.0%
Renter occupied15.0%34.0%
Schools
Schools nearby2020
Average ICSEA10731078
Lifestyle and people
Walk score184
Transit score10040
Bike score100100
Population6,6804,800
Median age4434
Climate
Annual rainfall646 mm646 mm
Mean max, January29.3°C29.3°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Nicholls scores higher on walkability (18/100 vs 4/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Crace (1078) sits above Nicholls (1073). Nicholls skews owner-occupied (84%), Crace runs more rental-dense (61% owner).

For buyers
Crace is the lower entry point at $1,080,000 median, 14% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Crace offers the higher gross rental yield (2.21% vs 1.91%), favouring cash-flow investors.
For families
Crace edges out on average school ICSEA (1078 vs 1073).

Nicholls vs Crace: common questions

Is Nicholls or Crace cheaper to buy in?

Crace has the lower median house price at $1,080,000, roughly 14% below Nicholls ($1,250,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Nicholls or Crace have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Crace scores 1078 vs 1073 in Nicholls. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Nicholls or Crace?

Nicholls scores 18/100 on walkability vs 4/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Nicholls or Crace?

Gross rental yield on houses is 2.21% in Crace vs 1.91% in Nicholls. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.