Nillumbik Shire, VIC

Nillumbik Shire (/nlmbk/ NILL-m-bik) is a local government area in the state of Victoria, Australia. It encompasses Melbourne’s outer northern suburbs and rural areas beyond the metropolitan center. It was created in 1994 when portions of the Shires of Eltham, Diamond Valley, Healesville, and Whittlesea merged.

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The Shire advertises itself as The Green Wedge Shire. The Nillumbik Council headquarters are situated in Greensborough on Civic Drive.
The shire’s name is taken from the Parish of Nillumbik, which was given the name nyilum bik in the local Aboriginal language Woiwurrung in the 1830s.

Professionals account for 25.9 % of employment in Nillumbik, followed by managers at 15.5 %, clerical and administrative workers at 14.8 %, technicians and trades workers at 14.4 %, and community and personal service workers at 10.4 %.

In Nillumbik, the typical weekly personal income for residents aged 15 years and older is $784.

In Nillumbik, 93.7 % of inhabited private residences are detached houses, 3.4 % are semi-detached, row or terrace houses, townhouses, or similar structures, 2.6 % are flats or apartments, and 0.1 % are other housing.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Upgrade to Starter Plan to see Demand Profile data.
Upgrade to Professional Plan to see Buy & Rent Search Index data.

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced metrics such as Buy & Rent Search Index that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.

Property Market in Nillumbik Shire, VIC

What other property markets are there near Nillumbik Shire, VIC?

Nillumbik Shire is surrounded by 4 other council areas – Yarra Ranges, Whittlesea, Murrindindi, Manningham.

Suburbs/localities in this Local Government Area: Greensborough 3088, Hurstbridge 3099, Kangaroo Ground 3097, North Warrandyte 3113, Nutfield 3099, Panton Hill 3759, Bend Of Islands 3097, Plenty 3090, Research 3095, Smiths Gully 3760, St Andrews 3761, Strathewen 3099, Watsons Creek 3097, Wattle Glen 3096, Yarrambat 3091, Christmas Hills 3775, Cottles Bridge 3099, Arthurs Creek 3099, Diamond Creek 3089, Eltham 3095, Eltham North 3095

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