Nichols Point at a glance
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Median sale
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Median rent
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Suburb gross yield
VIC › Nichols Point › First St
$1,150,000–$1,250,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
4
Car spaces
7,905 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,150,000–$1,250,000
Asking range · $145/m² of land
No recorded sale for this property.
Nichols Point at a glance
No data
Median sale
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Median rent
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Suburb gross yield
Based on the low end of the asking range, not a contract price.
$69,745 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
0 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Nichols Point at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by Ray White MilduraSet on approximately 7,905m and just moments from the Murray River in the perfect location, this beautifully renovated Western Red Cedar timber residence, approx.30sq of living perfectly combines timeless character with contemporary comfort. Offering a quality home that delivers an exceptional lifestyle opportunity with space, style and outstanding infrastructure.
From the moment you enter, you'll be captivated by the welcoming formal entry, stunning polished pine floorboards and impressive 3.3-metre ceilings that enhance the sense of space throughout. Designed for both relaxed family living and entertaining, the home features two generous living areas centred around a beautifully appointed kitchen, complete with soft-close cabinetry, stone benchtops, abundant storage and preparation space, a walk-in pantry, dishwasher, gas cooktop and both 600mm and 900mm electric ovens, it is sure to impress even the keenest home chef.
The privately positioned master suite provides a peaceful retreat, includes a walk-in robe, while the luxurious ensuite boasts a clawfoot bath, oversized shower, stone-top vanity and separate toilet. Three additional bedrooms all include built-in robes and ceiling fans, while a dedicated office with built-in desk and storage can easily serve as a fifth bedroom. The stylish main bathroom features twin-sink vanity and spacious shower.
Year-round comfort is assured with slow-combustion wood heating complemented by a Heat Bank transfer system, two evaporative cooling units, ceiling fans throughout and solar hot water with electric boost.
Outdoor living is equally impressive, with extensive timber decking and wraparound verandahs flowing to a large undercover entertaining area with a pitched roof-perfect for hosting family and friends in every season.
The extensive shedding and infrastructure make this property ideal for tradespeople, hobbyists or those seeking extra storage. A huge 18m x 9m shed features a concrete floor, power and lighting, while an additional 18m canopy, suitable for storing caravans or boats with high clearance. Also included is and implement shed for machinery and a dedicated wood storage shed.
The property is exceptionally well equipped with both rural and town water, a valuable 2.5 megalitre high-security water right, multiple rainwater tanks, automatic irrigation to the front and rear gardens, a productive vegetable garden, chicken coop and garden shed.
Fully fenced for privacy and security, with a remote-controlled sliding entrance gate, this outstanding lifestyle property offers the perfect balance of country tranquillity and modern convenience. With comprehensive renovations throughout and every detail thoughtfully considered, this is a rare opportunity to secure a beautifully presented family home on a generous allotment in a sought-after location near the river.
Listing description written by Rico D'Amico, Ray White Mildura — reproduced as published, not verified by Districts.