VIC · 3882

Nicholson

Suburb profile, market snapshot and recent listings for Nicholson, VIC 3882.

Nicholson, VIC 3882

About Nicholson

Welcome to Nicholson

Nicholson is a small township in East Gippsland, Victoria, set along the Tambo River roughly midway between Bairnsdale and the Gippsland Lakes, about 280km east of Melbourne. It's a quiet, rural community rather than a commuter suburb, with a population of just 1,322 and a median age of 47 that points to a stable, settled mix of farming families, retirees and locals drawn to the slower pace of country life.

For those wanting space, river access and a genuine small-town feel without being too far from Bairnsdale's services or the coastal drawcards of Lakes Entrance, Nicholson has long been a sensible and scenic choice. It suits owner-builders, hobby farmers and downsizers looking for land more than it suits anyone chasing city convenience.

Lifestyle & recreation

Life in Nicholson revolves around the Tambo River, which winds past the township and is a popular spot for fishing, canoeing and simply spending time outdoors. The surrounding countryside is given over to grazing land and rural blocks, and the pace here is unmistakably rural — locals tend to know each other, and the town's identity is tied closely to the river and the farming land around it rather than to shops or nightlife.

Nearby Sarsfield and Tambo Upper share this same low-key, land-based lifestyle, and together they form a loose community of small acreages and riverside properties that feed into Bairnsdale for anything more substantial in the way of entertainment or services.

Schools & families

Nicholson Primary School serves the local area and is very much the heart of the town for young families, offering the kind of small-school environment where children are known individually and community involvement runs high. For secondary schooling and a broader range of educational options, families typically look to Bairnsdale, a short drive away.

Getting around

Nicholson sits just off the Great Alpine Road, which connects the township efficiently to Bairnsdale to the west and up towards the high country to the north. A car is essential here, as is the case throughout this part of East Gippsland — there's no train line through Nicholson itself, with Bairnsdale providing the nearest rail connection back toward Melbourne via the V/Line network.

For day-to-day needs, most residents make the short trip into Bairnsdale for larger supermarkets, medical services and other conveniences, while smaller everyday errands can often be handled locally or in neighbouring Sarsfield and Tambo Upper.

Housing & architecture

Housing in Nicholson reflects its rural character: current listings are split fairly evenly between vacant land (47%) and established houses (45%), with a small proportion of townhouses (8%) rounding out the mix. This tells the story of a town where buying a block and building is just as common as purchasing an existing home, and where larger allotments are the norm rather than tightly packed suburban blocks.

Expect a mix of older farmhouses, more recent rural-residential builds and riverside properties, many taking advantage of water frontage or elevated views over the surrounding countryside.

The property market

Nicholson's median house price currently sits at $730,000, though the market has softened slightly of late, with growth recording a dip of -1.4% in the most recent period. That figure needs to be read in the context of a small, low-volume rural market, where a handful of sales can move the median noticeably from one period to the next.

For buyers, this makes Nicholson a market worth watching rather than rushing — the appeal of river frontage, larger landholdings and a genuine rural lifestyle continues to underpin demand, even if short-term price movements have been mixed. It remains a market driven more by lifestyle buyers and those wanting land to build on than by investors chasing rapid capital growth.

Market snapshot

Nicholson property market

Median price ranks #2,568 of 3,797 suburbs · pricier than 32%

Median sale price

$730k

House · 4 bed

Median rent

per week

Gross rental yield

annual rent ÷ sale price

Typical price range

Entry

$478k

Median

$730k

Premium

$965k

Days on market

86

Auction clearance

0%

Sold this year

11

Median sold price trend · House 4 bed

Compound growth -1.0% / yr over 4 yrs

Property types on market

Share of current listings in Nicholson by dwelling type.

Land47%
House45%
Townhouse8%

Who lives here

Demographics

ABS Census 2021 figures for Nicholson, VIC 3882.

Population

1,322

residents (2021)

Median age

47

years

Household income

$1,390

median, per week

Median rent

$300

per week

Median mortgage

$1,733

per month

Mortgage / income

29%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Nicholson

Government school catchment

Nicholson Primary School

Prep-6CoEdGovernment
Visit school website →

Recent results

Recently sold in Nicholson

$485k

69 Wombat Close

land

Sold ~July 2026

$230k

29 Southon Terrace

land

Sold ~July 2026

$890k

1065 Princes Highway

house4 bd · 2 ba · 3 car

Sold ~July 2026

$759k

300 Watts Road

house4 bd · 2 car

Sold ~June 2026

$349k

5 Nicholson-Sarsfield Road

house1 bd · 2 car

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Nicholson

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Compare the area

Price map around Nicholson

Every listing for sale near Nicholson, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

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Nearby suburbs

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Common questions

Nicholson suburb FAQ

What is the median property price in Nicholson?

The median house price in Nicholson, VIC is $730k for a 4-bedroom home. Over the past year, median sold prices have fallen about 1.4%.

Is Nicholson a good place to live?

Nicholson is a town in East Gippsland, Victoria, Australia, 295 km east of the state capital Melbourne. Nicholson is an established residential suburb in VIC, with a population of around 1,322 and 1 school in the area.

What is the population of Nicholson?

Nicholson has a population of 1,322 (ABS 2021 Census), with a median age of 47.

What schools are in Nicholson?

There is 1 school in or near Nicholson, including Nicholson Primary School.

How long do homes take to sell in Nicholson?

Properties in Nicholson take around 86 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Nicholson?

Entry-level properties in Nicholson start around $478k, while premium homes reach $965k.

What suburbs are near Nicholson?

Suburbs near Nicholson include Sarsfield and Tambo Upper.

Available now

Properties in Nicholson

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Image 1
For Sale
$719,500
townhouse

Wildflower 234, Scandi House & Land Package

28 Southon Terrace, Nicholson VIC 3882
422869 m²
Stroud Homes3 months ago
Ask AI about this property
Image 1
For Sale
$669,000
townhouse

Bronte 227, Classic House & Land Package

28 B Southon Terrace, Nicholson VIC 3882
422869 m²
Stroud Homes3 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$317,500
land

FISH & BOAT - ENJOY THE RIVER & GIPPSLAND LAKES

13/53 Whitworth Drive, Nicholson VIC 3882
840 m²
LJ Hooker Bairnsdale2 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$319,500
land

LIVE BY THE WATER IN BEAUTIFUL NICHOLSON

14/51 Whitworth Drive, Nicholson VIC 3882
917 m²
LJ Hooker Bairnsdale2 months ago
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Image 1
Image 2
For Sale
$265,000
land

LIFESTYLE LIVING OPPORTUNITY

54 Whitworth Drive, Nicholson VIC 3882
1715 m²
King & Heath First National Bairnsdale3 months ago
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Image 1
Image 2
For Sale
$890,000
house

A Lifestyle Property Offering Space, Sustainability & Dual Living

1035 Princes Highway, Nicholson VIC 3882
5352.62 ha
Bill Wyndham & Co Real Estate3 months ago
Ask AI about this property
Image 1
For Sale
$669,185
townhouse

HOUSE & LAND PACKAGE - HAVE YOUR DREAM HOME BUILT BY VICTORIAS LARGEST BUILDER OF STEEL FRAME HOMES

Lot 23, 14 Southon Terrace, Nicholson VIC 3882
422246 m²
JG King Homes2 weeks ago
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Image 1
For Sale
$673,292
house

Lot 42, 25 Southon Terrace, Nicholson MILLWATER 210

25 Southon Terrace, Nicholson VIC 3882
322840 m²
G.J. Gardner Homes3 months ago
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Image 1
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For Sale
$888,000
house

LAKE VIEWS, ULTIMATE PRIVACY & INCREDIBLE INFRASTRUCTURE

320 Stephenson Road, Nicholson VIC 3882
4243.11 ha
King & Heath First National Bairnsdale3 weeks ago
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Image 1
For Sale
$595,161
townhouse

HOUSE & LAND PACKAGE - HAVE YOUR DREAM HOME BUILT BY VICTORIAS LARGEST BUILDER OF STEEL FRAME HOMES

Lot 42, 25 Southon Terrace, Nicholson VIC 3882
422221 m²
JG King Homes1 month ago
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Image 1
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For Sale
$464,000
house

SMART START OR SOLID INVESTMENT!

4 Nicholson Court, Nicholson VIC 3882
424639 m²
EGRE2 months ago
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Image 1
For Sale
$905,500
house

Wildflower 234, Scandi House & Land Package

1B Kearneys Place, Nicholson VIC 3882
4221332 m²
Stroud Homes3 months ago
Ask AI about this property