Nicholson, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Nicholson
VICCensus 2021 · Population 1,327
Nicholson is a small rural community with a total population of 1,327 people. The median age is 47, which is higher than the Victorian average of 38, indicating a mature population. The suburb has a balanced gender distribution with 50% male and 50% female residents. Families in Nicholson tend to be couples without children, making up 49.1% of households, while couples with children account for 38.5%. The area is predominantly English-speaking, with 92.8% of residents speaking only English at home.
Key Highlights
- High home ownership - 50.2% of homes owned outright
- Predominantly English-speaking - 92.8% speak only English at home
- Low unemployment rate - 4.1%
- Significant work-from-home population - 11.7%
- Majority of housing are separate houses - 93.1%
Things to Consider
- Median age is higher than the state average, indicating an older population
- Lower percentage of residents with higher education degrees compared to VIC average
- Below average median household income compared to the state
- Limited public transport usage
- Higher prevalence of health conditions like arthritis and asthma
What's it like living here?
Daily life in Nicholson is characterized by a strong sense of community and rural charm. Most residents commute by car, with 70.6% driving to work, and only 0.8% using public transport. The suburb has a significant portion of the workforce working from home, at 11.7%, reflecting a flexible work environment. The community is largely owner-occupied, with 50.2% of homes owned outright.