OFF MARKET

116 Gungas Road
Nimbin NSW 2480

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 144m2
Land area: 7049m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 4 Nov 2024
Low

High
Save

Property Details for 116 Gungas Rd, Nimbin

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.

Building Type
House
Year Built
1970
Floor Size
144m2
Land Size
7049m2
Local Government
Lismore
Lot/Plan
17/DP255467

Last Listing description (July 2017)

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.

Close to town with that rural feel, this could be your family home AND a great investment.
Call Chris to book your private inspection.

Property History for 116 Gungas Rd, Nimbin, NSW 2480

A timeline of how this property has performed in the market
Last Sold
$415,000
26 May 2016
  • 27 Apr 2017
    Listed for Sale $449,000
  • 26 May 2016
    Sold for $415,000
  • 23 Dec 2015
    Listed for Sale DEPOSIT TAKEN
Sign in to see more transactions

Commute Calculator

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 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:

  • 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 40 properties listed for sale, and 2 properties listed for rent in Nimbin on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Nimbin.

Suburb Insights for Nimbin 2480

Market Insights
Nimbin Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Nimbin Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.