Swan Hill Rural City Council
Nichols Point
Nichols Point at a glance
Median house
$540,000
Median unit
$274,320
Walk score
2
Very car dependent
Population
1,723
Median age 40
The brief
What to know about Nichols Point.
Nichols Point (3501) sits in the Swan Hill region of Victoria. The median house here is $540,000, below the Victoria median of around $850K.
Nichols Point has roughly 1,723 residents, with a typical family-age mix. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
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Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Nichols Point scores 2/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Schooling within or near the suburb covers 9 government primary, 3 government secondary, 3 Catholic, 3 independent.
Who lives here
Demographics.
The 2021 Census put Nichols Point's population at 1,723, with a median age of 40. That sits as a typical family-age mix. Households are predominantly owner-occupied (86% own, 11% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (80% family households, 18% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
1,723
Median age
40
Family households
80%
Lone person
18%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $540,000 on a typical sale, below the Victoria median. Units come in around $274,320, roughly 49% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $108,000. Prices are below the Victoria median, which keeps Nichols Point on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$540,000
+0.0% over the past year. Median unit price $274,320.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$231/wk
Weekly rent (unit)
$225/wk
Owner occupied
86%
Renter occupied
11%
At a deeper level
$540,000
$274,320
1,723
Median age: 40
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For investors
Investment overview.
Gross rental yield on houses sits at 2.22% (median rent $231/wk against a $540,000 price tag). Units yield 4.27% gross, often the better cash-flow play for first-time investors. Renter share is modest (11%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.22%
Based on $540,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20264.27%
Based on $274,320 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202686%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
61
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
2
0
30
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Nichols Point.
Local schools for Nichols Point
View the catchment for each school to find out more.
Government School Catchment
Nichols Point Primary School
Gol Gol Public School
Mildura Primary School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Nichols Point.
- What is the median house price in Nichols Point?
- The median house price in Nichols Point, VIC 3501 is $540,000. The median unit price is $274,320. Annual growth is +0.0%.
- What is the Nichols Point postcode?
- Nichols Point is in the 3501 postcode, in VIC, in the Swan Hill Rural City Council region.
- What is the average rent in Nichols Point?
- The median weekly rent for houses is $231, for units it's $225.
- What schools are in Nichols Point?
- There are 19 schools serving Nichols Point on this page, including Nichols Point Primary School, Gol Gol Public School, Mildura Primary School.
- How walkable is Nichols Point?
- Nichols Point has a Walk Score of 2 out of 100, highly car-dependent. transit score 0, bike score 30.
- What suburbs are near Nichols Point?
- Nichols Point is close to Mildura West, Mildura Centre Plaza, Irymple, Mildura South, Mildura East.
- What is the population of Nichols Point?
- Nichols Point has approximately 1,723 residents. The median age is 40.
For Sale
Nichols Point
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Surrounding Suburbs
Side by side
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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