Nichols Point is Mildura's prestige eastern suburb along the Murray River, a high-income residential precinct of executive homes on generous Murray-frontage blocks. Its premium price reflects the combination of riverfront lifestyle, Mildura Golf Club proximity, quality school catchment, and Mildura CBD convenience. The suburb attracts professionals, retirees, and Melbourne relocation buyers seeking rural luxury without the isolation of a genuine country town. At the current $440k median house price, an 80% loan at 6.25% over 30 years is about $2,167 per month.
| Median house price | $440,000 |
|---|---|
| Median unit price | $278,000 |
| Estimated monthly repayment | $2,167 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 5.5% |
| Gross rental yield | 5.4% |
| Typical days on market | 25 |
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