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Nimbin

NSW/
Nimbin

Suburb Profile

Nimbin - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2480

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Homeowners and real estate investors betting on NIMBIN, 2480 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 13.55%.

A steady increase in median property prices over a five-year period in the suburb translates to a 53.44% capital gain.

Property investors in NIMBIN enjoyed capital gains of 13.55% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $440,000.

Profits due to an upward trend in home prices there averaged 17.81% per annum over a 3-year period.

Home owners selling their properties and realtors in NIMBIN usually have to wait an average of 124.0 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $370 mark, reflecting a 4.37% increase in returns based on the current median price in NIMBIN.

NIMBIN, 2480 places 284th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $440,000 N/A
GROWTH REPORT
Median Quarterly 2.33% N/A
Median 12 month 13.55% N/A
Median 3 years 53.44% N/A
Median 5 years 54.39% N/A
10 years average annual 5.89% N/A
Weekly media advert. rent $370 N/A
Time on Market 124.0 days N/A
Gross Rental Yield Percent 4.37% N/A
demographics (median values)
Total Population
1370
Weekly Household Income
512.8
Household Size
2.20
demographics
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