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Nillumbik Shire

Population

62,895

Nillumbik Shire is a Local Government Area in Australia comprising 20 suburbs with a population of 62,895 residents. For property investors analysing Nillumbik Shire capital growth potential, this council area ranks in the top 27% of Australian LGAs for investment opportunity based on our proprietary scoring algorithm.

The current median house price in Nillumbik Shire is approximately $1.2M, making it a premium market suited to capital growth strategies. Nillumbik Shire property investment fundamentals show moderate signals, with healthy employment diversity across industries.

Growth Performance Prediction

Top 27% of areas

Since 2015, the Picki High Performance Growth algorithm has been selecting the best places to invest across Australia. Over that time it has been responsible for selecting over 400 million dollars worth of properties for property investors and has generated 110% higher capital growth when compared to the average.

Overall Growth Potential

73%Very Good

Outperforms 73% of all LGAs

Key Market Indicators

Good Lifestyle Factors

Life Score

5/5

Good Employment Health

Employment Score

4/5

High Opportunity

Opportunity Score

4/5

Investment Outlook

This area shows good growth potential with positive indicators across most key market factors, suggesting promising conditions for property investment.

Em

Employment Diveristy

Education and Training - 14.00%

Construction - 13.00%

Health Care and Social Assistance - 11.00%

Retail Trade - 10.00%

Others - 52.00%

Commute Time

22mins

12kms

Common Transport Methods
car71%
train5%
walk1%
Income Growth

Average Income

20 Suburbs in Nillumbik Shire

Ordered by Best Projected Short Term Growth (Green = Buying window)

Trend Indicators:

Price/yield increasing compared to previous period
Price/yield decreasing compared to previous period
Suburb Name
Asking Price
Yield
Wattle Glen
$1000.0k
3.01%
Cottles Bridge
$1.6m
2.91%
Strathewen
$2.7m
1.75%
Arthurs Creek
$2.0m
0.75%
Hurstbridge
$890.0k
4.69%
Eltham North
$1.2m
3.22%
Plenty (Vic.)
$1.9m
2.47%
Research
$1.9m
2.28%
Diamond Creek
$900.0k
3.26%
Kangaroo Ground
$2.2m
1.79%
Panton Hill
$2.8m
3.25%
Yarrambat
$1.9m
7.73%
St Andrews (Vic.)
$850.0k
7.01%
Eltham (Vic.)
$1.2m
2.78%
Bend Of Islands
$1.4m
3.63%
Nutfield
$1.4m
0%

Nillumbik Shire Property Investment FAQs

Is Nillumbik Shire a good area for property investment in 2026?

Nillumbik Shire ranks in the top 27% of all Australian Local Government Areas for property investment potential. Nillumbik Shire shows moderate investment potential with balanced risk-reward characteristics. The area offers opportunities for investors seeking stable returns, though individual suburb analysis is recommended to identify the best pockets within the council area.

What is the median house price in Nillumbik Shire?

The current median house price across Nillumbik Shire is approximately $1.2M. This median price reflects sales data from properties across all 20 suburbs within the Local Government Area. As a premium property market, Nillumbik Shire typically attracts investors focused on capital appreciation and wealth preservation rather than high rental yields.

What are the best suburbs to invest in Nillumbik Shire?

Nillumbik Shire contains 20 suburbs, each with unique investment characteristics and suburb scores. The best suburbs for investment within Nillumbik Shire depend on your investment strategy - whether you're seeking capital growth, rental yield, or a balanced approach. Use our suburb analysis tools to compare all 20 suburbs in Nillumbik Shire ranked by our proprietary suburb score, which factors in price growth trends, rental yields, vacancy rates, and demographic indicators.

What is the capital growth outlook for Nillumbik Shire?

Nillumbik Shire's capital growth outlook is moderate based on current market indicators. Nillumbik Shire shows stable growth fundamentals with some suburbs outperforming others. Investors should focus on suburbs with above-average suburb scores for the best capital growth potential within this LGA.

What is the population of Nillumbik Shire?

Nillumbik Shire has a population of approximately 62,895 residents across its 20 suburbs. Population growth is a key indicator for property investment as it drives housing demand. Monitor population trends in Nillumbik Shire as part of your investment research to understand future housing demand.

How many suburbs are in Nillumbik Shire council area?

Nillumbik Shire Local Government Area contains 20 suburbs. Each suburb has its own property market dynamics, median prices, and investment potential. When investing in Nillumbik Shire, it's important to analyse individual suburbs rather than relying solely on LGA-level data. Our platform provides detailed suburb scores and analytics for all 20 suburbs to help you identify the best investment opportunities within Nillumbik Shire.

Disclaimer

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