Nicholls at a glance
6,507
People
$1,250,000
Median sale
$502/wk
Median rent
2.09%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
ACT › Nicholls › May Mills Cl
$1,351,000
Last sold
22 Nov 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
540 m²
Land
235 m²
Building
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
Last sold
$1,351,000
22 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Nicholls (last 5 years) with land size have a median of $1,762/m² of land (n=71). Districts calculation from recorded sales — not a valuation.
Nicholls at a glance
6,507
People
$1,250,000
Median sale
$502/wk
Median rent
2.09%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Vs Nicholls
+8.1%
Median sale
Suburb $1,250,000
-0.16 pp
Gross yield
Suburb 2.09%
Suburb median $1,250,000 from 29 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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
ACTPlanning 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.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $502/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Nicholls at a glance
6,507
People
$1,250,000
Median sale
$502/wk
Median rent
2.09%
Suburb gross yield
Median sale from 29 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by MARQ PropertyAuction Guide Price: $1,200,000+
Perfectly positioned at the end of a quiet cul-de-sac, this beautifully updated single-level home offers a relaxed, family-friendly, and low-maintenance lifestyle. Set on a flat, easy-care block, and located just a short five-minute stroll to local schools, sporting fields, and the local Nicholls shops.
Set behind a mature hedge and featuring a freshly painted exterior, the home offers an attractive street presence and is immaculately presented throughout. Inside, you'll find a brand-new kitchen, bathroom, and ensuite, complemented by fresh paint and new carpet underfoot. The light-filled living areas enjoy a sunny afternoon aspect, while the fantastic indoor-outdoor flow extends to the covered alfresco area, designed with extra height to capture maximum sunlight.
A classic Australian backyard provides plenty of space for kids and pets to play on the lush grass and a variety of established fruit trees, and veggie patches.
- Striking street presence with covered front porch
- Spacious kitchen with modern appliances, ample storage, and stone bench tops
- Cosy formal lounge and separate formal dining area
- Open plan kitchen, living, and meals area with connection outdoors
- Generous covered alfresco with plenty of sun, and outlook to backyard
- Fresh paint, carpet, electrical, and window coverings throughout
- Segregated master bedroom with walk-in-robe, and new ensuite
- Bedrooms 2, 3, and 4, all with built-in-robes and at rear wing of home
- Renovated main bathroom with bath tub, semi-frameless shower
- Separate toilet and basin for guests
- Ducted gas heating, and ducted evaporative cooling
- Secure double garage with electric roller doors, internal, and rear yard access
- Living 180sqm, Garage 39sqm, Alfresco 16sqm, Land 540sqm
- Rental Appraisal $825pw - $875pw
- Rates $753.25pq
The Garden:
- Fruit trees: Pomegranate x2, Plum x2, Mandarin, Fig, Persimmon, Orange, Cherry, Olive, Lemon
- Veggie patch: Rhubarb, Sage, Oregano, Spring Onion, Garlic Chives, Thyme, Parsley, Silverbeet, Lettuce, Vietnamese Mint, Mint
Disclaimer: Whilst all care has been taken to ensure accuracy, the material and information contained within are approximate only and no warranty can be given. MARQ Property does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.
Listing description written by Sam Taylor, MARQ Property — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.
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.