107 Gungas RoadNimbin NSW 2480
Property Details for 107 Gungas Rd, Nimbin
Last Listing description (February 2013)
Pot of Gold
An opportunity to secure 18.29 HA of land close to town at a great price, with the added bonus of pre-approved development into a 20 lot subdivision. The scenery is magical and the land is set high taking in the mountainous panorama. There is a commencement certificate already in place and much of the hard work has already been done!
This is your chance to acquire a high quality subdivision at a realistic price. Build your dream home now and subdivide later; the best superannuation you could ask for.
Property History for 107 Gungas Rd, Nimbin, NSW 2480
- 06 May 2011Listed for Sale $670,000
- 31 Oct 1991Sold for $30,000
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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.
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