Quasiperiodic oscillations and shape-transformations of higherorder bright solitons in nonlinear nonlocal media have been frequently observed numerically in recent years, however, the origin of these phenomena was never completely elucidated. In this paper, we perform a linear stability analysis of these higher-order solitons by solving the Bogoliubov-de Gennes equations. This enables us to understand the emergence of a new oscillatory state as a growing unstable mode of a higher-order soliton. Using dynamically important states as a basis, we provide low-dimensional visualizations of the dynamics and identify quasiperiodic and homoclinic orbits, linking the latter to shapetransformations.