396 Gungas Rd, Nimbin is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 19080m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Nimbin in the last 12 months.
What price can you put on a piece of nature at its finest? This amazing property will give the new owner a totally private piece of paradise with one of the best sections of creek in the area, changing from rapids to swimming holes to bubbling water as it skirts the artistic home. Enveloping the whole of the land in a 'horseshoe', the creek is visible from the buildings, and can be heard at all times along with the sound of birds - simply magic! Such privacy, yet you could walk to Nimbin Village.
The owner has recently returned to her property to restore the buildings and gardens to their former glory - an undertaking well under way. There is however still room for the purchaser to put their own stamp on the restoration.
At this price the property represents one of the best bargains around. There is a beautifully constructed main dwelling featuring a multi-angled timber-lined ceiling. It has 3 x bedrooms (including one loft-style) open plan kitchen/living and 1 x bathroom and a wide deck overlooking the pretty stone self contained 1 x bed 1 x bath studio. The vendor has spent a great deal ensuring that the infrastructure is high-end, so whilst there is some labour involved in this restoration, there is little to spend. The second dwelling AND a self contained caravan conversion also represent the ability make extra income through tenancy. A truly unique rainforest paradise.
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:
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