OFF MARKET

1/27 Alternative Way
Nimbin NSW 2480

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 120m2
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Last updated 11 Nov 2024
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Property Details for 1/27 Alternative Way, Nimbin

1/27 Alternative Way, Nimbin is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a floor size of 120m2.

Building Type
House
Floor Size
120m2
Local Government
Lismore

Last Listing description (February 2018)

New & modern only moments to Nimbin Village! Set on a 440m2 block, this one allows you to enjoy your own time. If you are looking for location, convenience and low maintenance living, this is it. The home offers 3 bedrooms, 2 with built in wardrobes and main with en suite and walk in robe. The living areas and kitchen are spacious and functional with raked ceilings to heighten the feel of openness. Directly off the living area is an impressive front verandah with hardwood decking.Throughout the high traffic areas is floating timber flooring, and carpet for comfort in the bedrooms. Outside, a carport is attached to the house for easy access in all weather, and additional parking for visitors. The home is located well off the road for privacy. A comfortable and manageable home or an excellent investment (rental return approx:$360p/w) this is worth a look. Due to be completed late June (subject to council compliance), inspections are invited. Note:Agent declares interest.

Property History for 1/27 Alternative Way, Nimbin, NSW 2480

A timeline of how this property has performed in the market
  • 10 Feb 2018
    Listed for Sale $355,000
  • 28 May 2017
    Listed for Sale UNDER OFFER (under offer)

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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 957 properties. Over the last 5 years, Houses in Nimbin have seen a 68.35% increase in median value, while Units have seen a 80.29% increase. As at 31 October 2024:

  • The median value for Houses in Nimbin is $678,172 while the median value for Units is $476,884.
  • Houses have a median rent of $498.
There are currently 42 properties listed for sale, and 2 properties listed for rent in Nimbin on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Nimbin.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.