OFF MARKET

198 Gungas Road
Nimbin NSW 2480

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5700m2
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Property Details for Lot 4/198 Gungas Rd, Nimbin

Building Type
Land
Land Size
5700m2
Local Government
Lismore

Last Listing description (February 2019)

With 6 lots sold already, it's time to secure your block and enjoy your lifestyle.
The elevated location offers breathtaking views of the Nightcap Ranges, Nimbin Rocks and surrounding landscapes. Whilst being only a short 5 minute drive to the conveniences of Nimbin Village the location is private, convenient and quiet.
Land sizes range from 2570m2 to 3.9ha with various choices of gently sloping blocks or flat plateaus along the ridge-top.

The road from Nimbin and into the Estate is sealed, sites offer Mains Power, Phone & NBN
Lismore is a 35 minute drive, Gold Coast 1.5 hours.
All lots are available for sale, contact the office to be sent a full price list and lot sizes.
Book your inspection today with Peter Robinson or Uri Ross.

Property History for Lot 4/198 Gungas Rd, Nimbin, NSW 2480

A timeline of how this property has performed in the market
  • 18 Feb 2019
    Listed for Sale $260,000

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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 42 properties listed for sale, and 2 properties listed for rent in Nimbin on OnTheHouse. According to CoreLogic's data, 41 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.