Nimbin has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 2.17% to date .
Taking the average capital gain, or increase in median house value, Nimbin,2480 has racked up an average of 2.17% over the period. This ranks it number 2545th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -5.36% to buyers in Nimbin at the moment, which is less than average for the rest of NSW.
Often selling an investment property can take time, and in Nimbin the average time real estate has been on the market is 116.7 days.
Situated 600.01km from the CBD, Nimbin is one of Lismore localities in the postcode 2480.