OFF MARKET

9 Tareeda Way
Nimbin NSW 2480

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Land area: 999m2
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Property Details for 9 Tareeda Way, Nimbin

9 Tareeda Way, Nimbin is a 2 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 999m2.

Building Type
House
Land Size
999m2
Local Government
Lismore
Lot/Plan
CP/SP102151

Last Listing description (March 2021)

Don't miss this fabulous opportunity to invest in the vibrant town of Nimbin at a realistic price. Nestled in the beautiful green hills of the surrounding National Parks, Nimbin is a hidden treasure.

This 2 bedroom, newly built, strata home enjoys stunning views of the Nightcap Ranges and is easy walking distance to town, the bowling club, the free local swimming pool and skate park.

Set at the top of a small hill in the Nimbin Valley, the home is neatly designed with a bright and airy open plan kitchen/living room. Brand new Westinghouse appliances, including dishwasher, gas stove and electric oven. Built-in wardrobes in the bedrooms and a separate laundry cupboard offers plenty more storage space. The home has been built to capture the lush mountain views from all living areas.

A wonderfully low maintenance yard has plenty of room to grow your own veggies. Fully fenced, the patio and entertainment area is private with generous sliding glass doors opening out from the kitchen/living room.

Full town amenities are another added advantage, with town water, sewer, mains power, garbage collection and excellent wifi and mobile coverage. Add to this, instant gas hot water, carport, rainwater tank and concrete driveway.

First homebuyers may be eligible for the NSW $10000 First Homebuyers Grant as well as a Stamp Duty concession as owner occupier.

The expected rent is around $400 per week so that would be approx 5% Gross return on the purchase price. This rental assessment is based on similar houses in the immediate vicinity and may be higher or lower depending on the circumstances at the time. NIMBIN IS ALWAYS IN NEED OF RENTAL HOUSES.

Call Jacqui on 0439 15 6666 to arrange your private inspection
Watch this space for more photos.

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Property History for 9 Tareeda Way, Nimbin, NSW 2480

A timeline of how this property has performed in the market
  • 24 Mar 2021
    Listed for Sale $394,000

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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 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, 37 properties were sold in the past 12 months in Nimbin.

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