Real Estate Nilma North Vic 3821

Real Estate Market: Is Nilma North VIC 3821 a Good Suburb to Buy Into?

Housing Market in Nilma North

Key Nilma North Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Latrobe	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$521	Bottom 32%	169% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Nilma North

Nilma North Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Nilma North

28.2%

Latrobe

33.6%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Development applications	0	Bottom 38%	Data for Jun 2025
Developments	0.0	Bottom 10%	Data for Jul 2023
Housing Stock Quality Indicator
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	2 lots	Bottom 14%	Data for Feb 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	0	Bottom 24%	Data for Feb 2025

Housing Stock Quality in Nilma North

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Latrobe	Trend
Houses	100.0%	Top 31%	Data for Jan 2021
Average bedrooms - all homes	2.7	Top 30%	12% to Jan 2021
NBN connection: fibreoptic cable to node	0.0%	Bottom 37%	Data for Jun 2023

Development Restrictions in Nilma North

Nilma North Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023

Nilma North

42.5%

Latrobe

30.6%

Compare
Suburbs

	Field	Value	VS Latrobe	Trend
	Heritage overlay total area	0.0 sq km	Bottom 39%	Data for Jun 2023

Risk in Nilma North

Nilma North Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Nilma North

36.5

Latrobe

36.1

Compare
Suburbs

Field	Value	VS Latrobe	Trend
% Owner Occupied	100.0%	Top 11%	Data for May 2023
% Rentals	0.0%	Bottom 11%	Data for May 2023
Housing Affordability Index	38	Top 32%	Data for Jun 2023
Median monthly mortgage	$3,080	Top 10%	36% to May 2023
Rent Affordability Index (Houses)	80	Top 37%	Data for Jun 2023
Rent Affordability Index (Units)	81	Top 16%	Data for Jun 2023
Mortgage as a percent of income	24.5%	Top 37%	16% to Jan 2021
Mortgaged Dwellings	34.6%	Bottom 38%	12% to May 2023

Housing Demand in Nilma North

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030

Nilma North

48.9%

Latrobe

55.8%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	32500	Top 2%	40% to Dec 2036
Historical Population (SA3)	60800	Bottom 45%	69% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	65600	Top 22%	82% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium

Unit Market in Nilma North

Nilma North Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Latrobe	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$338	Bottom 10%	73% to Nov 2024
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	111.0%	Top 10%	23% to Jan 2025

LGA Details (1)

Headline	Place	Datetime
Local government area	Baw Baw

Percent of Renters by Street (9)

Percent of Renters	Street
33.3%	Bloomfield Rd
4.8%	Briggs Rd
0.0%	Dawsons Trk
0.0%	Duncans Rd
0.0%	Halls And Porchs Rd

Turnover Rate by Street (9)

Turnover rate	Street	Turnover Label	Turnover Years	Year
127.3%	Williamsons Rd	very high turnover	Every 7.9 years (very high turnover)	2025
50.0%	Nilma-Shady Creek Rd	very tightly held	Every 20.0 years (very tightly held)	2025
160.0%	Dawsons Trk	very high turnover	Every 6.2 years (very high turnover)	2025
66.7%	Tripp Mcdonalds Rd	quite tightly held	Every 15.0 years (quite tightly held)	2025
66.7%	Briggs Rd	quite tightly held	Every 15.0 years (quite tightly held)	2025

Recently Sold Houses (31)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
238 Briggs Rd	$1,560,000	3.0	2.0	2.0	12 Aug 2024	On Market
90 Halls And Porchs Rd	$1,520,000	4.0	2.0	2.0	01 Mar 2024	On Market
307 Dawsons Track	Price Withheld	4.0	1.0	5.0	02 Feb 2024	On Market
307 Dawsons Track	$1,165,000	4.0	1.0	5.0	02 Jan 2024	On Market
225 Williamsons Rd	Price Withheld	3.0	1.0		16 Jun 2023	On Market

Median Unit Sale Prices by Street (2)

Date	Median sale value	Street
06 Oct 2023	$950,000	Williamsons Rd
06 Oct 2023	$950,000	Briggs Rd

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Bloomfield Rd	30 Jun 2024	2090000.0
Dawsons Trk	06 Oct 2023	$1,069,000
Bloomfield Rd	06 Oct 2023	$920,800
Briggs Rd	06 Oct 2023	$1,419,000
Williamsons Rd	06 Oct 2023	$640,000

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
571 Nilma-shady Creek Rd	$380	1.0	1.0	1.0	28 Mar 2024
571 Nilma-shady Creek Rd	$380	1.0	1.0	1.0	28 Mar 2024
571 Nilma-shady Creek Rd	$380	1.0	1.0	1.0	28 Mar 2024
571 Nilma-shady Creek Rd	$380	1.0	1.0	1.0	28 Mar 2024
571 Nilma-shady Creek Rd	$380	1.0	1.0	1.0	28 Mar 2024

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
396 Bloomfield Rd	$550	4	2	2	06 Jun 2024
396 Bloomfield Rd	$550	4	2	2	06 Jun 2024
396 Bloomfield Rd	$550	4	2	2	06 Jun 2024
396 Bloomfield Rd	$550	4	2	2	06 Jun 2024
396 Bloomfield Rd	$550	4	2	2	06 Jun 2024

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
238 Briggs Rd	$1,560,000	3.0	2.0	2.0	12 Aug 2024	On Market
238 Briggs Rd	$1,560,000	3.0	2.0	2.0	12 Aug 2024	On Market
238 Briggs Rd	$1,560,000	3.0	2.0	2.0	12 Aug 2024	On Market
238 Briggs Rd	$1,560,000	3.0	2.0	2.0	12 Aug 2024	On Market
238 Briggs Rd	$1,560,000	3.0	2.0	2.0	12 Aug 2024	On Market