Help please, is this a good keyword niche

Unclear. Competition almost certainly refers to adwords competition, which means not a lot of bidders are bidding on that KW. When the comp is low, the suggested bid ends up being meaningless, and you often find really high numbers that you'd never actually see in reality. Again, it's *possible* you stumbled across a goldmine, but with the available information, I can't tell that you have.
 
Hi thanks for your reply, can I ask what information you would need me to provide you with for you to be able to tell whether I really have stumbled across a good niche or not.
 
Google your chosen keyword, then jot down the following for each of the top 10 results:

- Root Domain
- DA/PA/CF/TF of the result (Domain Authority/Page Authority are Moz metrics, Citation Flow/Trust Flow are Majestic metrics--there are toolbar extensions you can download for free to help you quickly determine these)
- KW in Title? URL?
- Content Quality (this is subjective, but is it a thin affiliate site, e-commerce page, authority content?)

These are a few of the things I try to look at when analyzing a KW's competition. There are also other online tools available that will just spit out a number at you using a variety of factors.
 
It looks very low in competition but do a research in Google also find the alexa of the top first 3 results. Alexa will show if the searches are real in stats.
 
How many other websites are ranking for this 'low competition' keyword now? As suggested before, low competition refers to Adwords not who's actually in search engines competing with you.
 
Yeah, the low comp means the CPC is likely inaccurate. But that is really only an issue if you are monetizing with Adsense. Take all of the information mentioned above by neverquitting into account. (The DA/PA/CF/TF, optimization & Quality) into account.

If the competition looks beatable and you can think of a way outside of Adsense to monetize (affiliate offer, etc) -- you could still make money there.
 
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