OFF MARKET

294A Gungas Road
Nimbin NSW 2480

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 9 Sep 2024
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Property Details for 294a Gungas Rd, Nimbin

294a Gungas Rd, Nimbin is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Lismore

Last Listing description (July 2022)

This studio is set in a peaceful location and has been recently refreshed. It is located just minutes from Nimbin CBD. Features of the studio include:

- Timber unit
- Combined lounge room and bedroom

- Combined kitchen and dining room area
- Combined bathroom and laundry
- Note this is on a property with 2 other dwellings
- Water and electricity usage included in the rent

Contact us today to arrange your inspection.

Property History for 294a Gungas Rd, Nimbin, NSW 2480

A timeline of how this property has performed in the market
Listed for Rent
$300/w
15 Jun 2022
  • 15 Jun 2022
    Listed for Rent $300 / week
  • 21 Dec 2021
    Listed for Rent $350 / week
  • 21 May 2021
    Listed for Rent $275 / week
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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 71.31% increase in median value, while Units have seen a 91.57% increase. As at 31 August 2024:

  • The median value for Houses in Nimbin is $686,253 while the median value for Units is $509,305.
  • Houses have a median rent of $540.
There are currently 39 properties listed for sale, and 3 properties listed for rent in Nimbin on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Nimbin.

Suburb Insights for Nimbin 2480

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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.