Suburb profile · ABS Census 2021
Nichols Point suburb profile
Nichols Point, VIC · Postcode 3501
This Nichols Point suburb profile summarises official Australian Bureau of Statistics Census 2021 data for Nichols Point, VIC (postcode 3501). Use it as a free suburb report covering population, median rent, household income, age, housing tenure and employment, plus how those figures changed since Census 2016— then compare Nichols Point with nearby suburbs.
Nichols Point at a glance
Population
1,723
Median rent
$225/wk
Household income
$2,087/wk
Median age
40
Nichols Point trends (2016 → 2021)
Change since the previous Census. Historical figures are mapped from State Suburbs (SSC) to today's suburb boundaries.
Population
Census 2011 → 2016 → 2021
+17.7% over 10 years
Population
1,723
was 1,551 in 2016
+172 · +11.1%
Median rent
$225/wk
was $188/wk in 2016
+$37 · +19.7%
Household income
$2,087/wk
was $1,533/wk in 2016
+$554 · +36.1%
Median age
40
was 40 in 2016
0 · 0%
Dig deeper: Nichols Point population growth · Nichols Point then and now
Nichols Point vs nearby & VIC
Median Census 2021 figures for Nichols Point, nearby suburbs (8), and the VIC state median (suburbs with 1,000+ people).
Rent
-38.5% vs area
- Nichols Point$225/wk
- Nearby$250/wk
- VIC$366/wk
Household income
+15.1% vs area
- Nichols Point$2,087/wk
- Nearby$1,450.5/wk
- VIC$1,813/wk
Median age
0% vs area
- Nichols Point40
- Nearby39.5
- VIC40
Personal income
+10.2% vs area
- Nichols Point$885/wk
- Nearby$707/wk
- VIC$803/wk
Nearby uses the same postcode first, then larger suburbs in VIC.
Socio-economic profile
How Nichols Point compares to other Australian suburbs on income, education and occupation — from official ABS SEIFA 2021 data.
Nichols Point sits above average for socio-economic advantage compared with suburbs Australia-wide. It shows strong access to economic resources.
Relative disadvantage (IRSD)
Decile 91,067.1
Lower score / decile = more relative disadvantage
Advantage & disadvantage (IRSAD)
Decile 81,033.1
Higher score / decile = more relative advantage
Economic resources (IER)
Decile 91,091.1
Access to economic resources (income, housing)
Education & occupation (IEO)
Decile 71,005.9
Education and occupational skill levels
Source: ABS SEIFA 2021. See methodology.
Nichols Point on the map
OpenStreetMap outline for Nichols Point, VIC.
Map data © OpenStreetMap contributors. Boundary matching is approximate.
Nichols Point people
- Population
- 1,723
- Median age
- 40
- Born overseas
- 7%
- Average household size
- 2.9
Total usual residents (Census 2021)
Median age of residents in years
Percentage born outside Australia
Average number of people per household
Nichols Point income
- Median household income
- $2,087/wk
- Median personal income
- $885/wk
Median total weekly household income
Median total weekly personal income
Nichols Point housing
- Median rent
- $225/wk
- Median mortgage repayment
- $1,800/mo
- Separate houses
- 90.7%
- Flats & apartments
- 0%
- Owned outright
- 36.4%
- Mortgaged
- 44.7%
- Rented
- 10.4%
- Unoccupied dwellings
- 5.1%
Median weekly rent for rented dwellings
Median monthly mortgage repayment
Percentage of dwellings that are separate houses
Percentage of dwellings that are flats or apartments
Percentage of dwellings owned without a mortgage
Percentage of dwellings with a mortgage
Percentage of dwellings rented
Percentage of private dwellings unoccupied on Census night
Nichols Point work
- Employment to population
- 67.8%
- Unemployment rate
- 2.5%
- Year 12 or above
- 47.5%
Employed persons as a percentage of population aged 15+
Unemployed persons as a percentage of the labour force
Percentage with Year 12 or equivalent as highest school level
Nearby suburb profiles (near 3501)
Compare Nichols Point with nearby suburbs
Nichols Point in numbers
Nichols Point had 1,723 residents at the 2021 Census. The median age is 40, close to the typical VIC suburb. The average household has 2.9 people. 7% of residents were born overseas.
Among occupied homes, 36.4% own their home outright, 44.7% are paying a mortgage, 10.4% rent. Separate houses make up 90.7% of dwellings, with 0% in flats or apartments. Median rent was $225/wk, 36% below the typical VIC suburb.
Median household income was $2,087/wk, 17% above the typical VIC suburb. The unemployment rate on Census night was 2.5%. 47.5% of adults had completed Year 12 or above. On the ABS SEIFA index of relative socio-economic disadvantage it sits in decile 9 nationally (1 is most disadvantaged, 10 least).
Between the 2016 and 2021 Censuses the population grew 11.1% (from 1,551 to 1,723). Median rent moved from $188/wk to $225/wk (+19.7%).
Nichols Point suburb FAQs
- What is the median rent in Nichols Point, VIC?
- The median weekly rent in Nichols Point was $225/wk at the 2021 Census (ABS).
- How many people live in Nichols Point, VIC?
- Nichols Point had 1,723 residents at the 2021 Census, up 11.1% from 2016.
- What is the median household income in Nichols Point?
- Median household income in Nichols Point was $2,087/wk at the 2021 Census.
- Do most people rent or own in Nichols Point?
- 10.4% of occupied homes in Nichols Point were rented, 36.4% were owned outright and 44.7% were owned with a mortgage.
About this Nichols Point suburb profile
Figures are from the ABS Census of Population and Housing 2021 (General Community Profile) for the Suburbs and Localities boundary matching Nichols Point. Where shown, 2016 values come from the 2016 State Suburbs (SSC) profile, linked via ABS geographic correspondence — boundaries are not always identical. Medians may be suppressed for very small areas. This is not financial or relocation advice — use it alongside current market data.
Source: ABS Census 2021. Methodology