FOR SALE
$699,000 - $749,000

13 Thorburn Street
Nimbin NSW 2480

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 575m2
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Investment Opportunity

Nimbin's local award-winning agent, Uri Ross, proudly presents 13 Thorburn Street, Nimbin. A great investment opportunity with a current weekly return of $850 p/w
This 3 bedroom 60's home is situated on an approx—575sqm block with an additional modern granny flat at the rear of the property with its own access. The house has a completely fenced yard, creating separation and privacy from the granny flat. The granny flat is currently tenanted @ $325 p/w & the house is rented for $525p/w.
The weatherboard home features VJ paneling and floor boards which give it great character. The bathroom has been renovated in the past 2 years and a basic kitchen is installed and offers a peaceful outlook over the neighbourhood. The home is fitted with an electric hot water system, and a Daikin split system air conditioner.
The granny flat is fresh and council-approved, offering elevation, neatness, and privacy. It is fitted with A/C and ceiling fan, an easy-to-clean floating floor, and a new kitchen and a bathroom with the assistance of an instant gas hot water system and gas cooking. The small rear deck is private, with no neighbours over the back fence.
The property is low maintenance and is in a very central location with all amenities a short walk away, such as the swimming pool, school, skatepark, bowling club, and sports fields.
Addition information:
Rates - $3589 per year including water, garbage & sewerage fees
A minimum of 48 hours notice for inspections is essential as both premises are leased.
For more info, Call Uri today.

Property Details for 13 Thorburn St, Nimbin

13 Thorburn St, Nimbin is a 4 bedroom, 2 bathroom House. The property has a land size of 575m2. The place is currently for sale with @realty.

Building Type
House
Land Size
575m2

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About Nimbin 2480

The size of Nimbin is approximately 72.9 square kilometres. It has 5 parks covering nearly 3.1% of total area. The population of Nimbin in 2011 was 1,667 people. By 2016 the population was 1,474 showing a population decline of 11.6% in the area during that time. The predominant age group in Nimbin is 50-59 years. Households in Nimbin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nimbin work in a professional occupation. In 2011, 69.4% of the homes in Nimbin were owner-occupied compared with 68.8% in 2016.

Nimbin has 953 properties. Over the last 5 years, Houses in Nimbin have seen a 70.90% increase in median value, while Units have seen a 80.02% increase. As at 30 September 2024:

  • The median value for Houses in Nimbin is $677,473 while the median value for Units is $489,153.
  • Houses have a median rent of $540.
There are currently 42 properties listed for sale, and 2 properties listed for rent in Nimbin on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Nimbin.

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Uri Ross
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