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 › Koorlong Ave
$1,599,000–$1,758,900
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
11,100 m²
Land
Districts View
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
$1,599,000–$1,758,900
Asking range · $144/m² of land
No recorded sale for this property.
Nichols Point at a glance
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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.
$95,259 on top of the price (6.0% 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 MilduraDamian Portaro Principal & Managing Director proudly present for sale this exceptional Nichols Point lifestyle residence, a premium country-style homestead of rare quality, scale and presence, set on approximately 1.11 hectares in one of Sunraysia's most admired locations.
Completed in 2015 and finished to an outstanding standard, this beautiful brick and weatherboard home delivers the warmth of a refined rural retreat with the comfort, sophistication and practicality expected from a high-end family residence. From the moment you arrive, the home's striking facade, generous proportions and private setting create a genuine sense of arrival.
Inside, the floorplan has been designed for families who value space, connection and flexibility. The home offers four bedrooms, including a superb master suite with a beautifully appointed ensuite, creating a private retreat for the owners. Multiple living zones allow the home to adapt effortlessly to family life, with a separate lounge, expansive open plan kitchen, meals and living area, plus a rumpus room providing three distinct spaces to relax, entertain or unwind.
The central living area is the heart of the home, designed to capture natural light and flow beautifully to the outdoors. Quality finishes, generous dimensions and a relaxed country elegance combine to create a home that feels both impressive and incredibly liveable.
Outdoors, the property truly comes into its own. A heated in-ground pool provides year-round enjoyment and creates a stunning focal point for entertaining, family gatherings or quiet summer evenings. The surrounding grounds are established, spacious and supported by automatic irrigation, making the property both beautiful and functional.
For those needing shedding, storage or lifestyle infrastructure, this property is outstanding. The impressive shedding includes an 18m shed, a four-bay open shed and additional spaces, while the existing stables offer excellent versatility and could be adapted for a range of future uses. There is also plenty of land remaining at the rear, providing room for animals, hobbies, further landscaping or simply enjoying the space.
Additional features include a double garage under the main roof, reverse cycle heating and cooling, an 11kW solar system and a setting that offers privacy while still being within easy reach of Mildura, local schools, river lifestyle and the natural beauty Nichols Point is known for.
232 Koorlong Avenue is a premium lifestyle property for those wanting space, quality and the finer things in life. Homes of this calibre in Nichols Point are rarely offered and even more rarely matched.
Listing description written by Damian Portaro, Ray White Mildura — reproduced as published, not verified by Districts.