OFF MARKET

5/11 Alternative Way
Nimbin NSW 2480

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 784m2
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Property Details for 5/11 Alternative Way, Nimbin

Building Type
Land
Land Size
784m2
Local Government
Lismore

Last Listing description (October 2017)

DEVELOPER SAYS SELL! Great views Town amenities
Affordable, village living, Energy efficient solar passive designs
Situated in the Nimbin Aquarius village

Landscape rebates, Positive covenants
Free council approved house plans if required

Property History for 5/11 Alternative Way, Nimbin, NSW 2480

A timeline of how this property has performed in the market
  • 23 Jun 2017
    Listed for Sale DEPOSIT TAKEN (under offer)
  • 14 Mar 2016
    Listed for Sale SOLD

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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 38 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.