Nhill is a smaller suburb in Victoria within the Hindmarsh local government area (postcode 3418). With a population of 2,401, the suburb has a mature demographic with a median age of 47. Households earn a median income of $67K per year, with an average household size of 2.3 people. The most common occupations are labourers, managers, professionals. The top ancestries reported are English, Australian, German.
The median house price in Nhill is $265,000, having surged 29.3% over the past year. The current median weekly rent is $290. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $774.
Nhill is served by 3 schools, including 1 primary, 2 combined. The average ICSEA score is 977, which is around the national average of 1,000. Public transport access includes 1 rail station, 3 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Hindmarsh LGA is moderate at 6,724 incidents per 100,000 population.
From an investment perspective, Nhill offers a gross rental yield of 5.7%, rated as high yield. Property prices sit below the state median ($265K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 3.9x is considered affordable. House prices have moved +29.3% year-on-year.
Nhill is a smaller suburb in Victoria within the Hindmarsh local government area (postcode 3418). With a population of 2,401, the suburb has a mature demographic with a median age of 47. Households earn a median income of $67K per year, with an average household size of 2.3 people. The most common occupations are labourers, managers, professionals. The top ancestries reported are English, Australian, German.
The median house price in Nhill is $265,000, having surged 29.3% over the past year. The current median weekly rent is $290. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $774.
Nhill is served by 3 schools, including 1 primary, 2 combined. The average ICSEA score is 977, which is around the national average of 1,000. Public transport access includes 1 rail station, 3 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Hindmarsh LGA is moderate at 6,724 incidents per 100,000 population.
From an investment perspective, Nhill offers a gross rental yield of 5.7%, rated as high yield. Property prices sit below the state median ($265K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 3.9x is considered affordable. House prices have moved +29.3% year-on-year.