OFF MARKET

397 Gungas Road
Nimbin NSW 2480

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 61530m2
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Property Details for 397 Gungas Rd, Nimbin

Building Type
Land
Year Built
1910
Land Size
61530m2
Local Government
Lismore
Lot/Plan
8/DP813453

Last Listing description (August 2010)

FARMHOUSE
* 12 acres
* 10 mins Nimbin

* Beautiful views
* Income potential
* Large shed
Perched on the top of a ridge only 5 minutes drive north of Nimbin is this majestic turn of the century cedar home.The property has 1800 established Tahitian Lime trees set on 12 acres. There is also a 5 bay machinery shed with cool room, The family home has 15 foot high pressed metal ceilings, 3 large bedrooms, living and family rooms plus two toilets and enclosed verandas. Light spacious and tastefully renovated, it has plenty of room for the growing family

Property History for 397 Gungas Rd, Nimbin, NSW 2480

A timeline of how this property has performed in the market
Last Sold
$500,000
01 Sep 2010
  • 10 Jul 2024
    Sold
  • 15 Mar 2012
    Listed for Sale SOLD - $500,000
  • 01 Sep 2010
    Sold for $500,000
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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.
There are currently 44 properties listed for sale, and 2 properties listed for rent in Nimbin on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Nimbin.

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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.