116 Gungas Rd, Nimbin is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 7049m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in May 2016.
This large 4 x bedroom, 2 x bathroom home is perfect for the growing family. The home is serviced with mains power, solar hot water, town water air-con and septic & has a small shed for the gardener/storage.
Set on a huge 1.75acre block with a delightful outlook you will really be able to stretch out and enjoy the space, and visit the pretty flowing creek on the boundary.
The property comes with the major bonus of being sub-dividable (STCA). Blocks are in demand in this area, so the potential is ready to be exploited.
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 952 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:
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