Nimbin is in the TOP 10% in NSW when comparing median price capital growth over the last year. Nimbin gave property investors a very good capital gain figure when compared to the rest of the state, with 17.81%.
Taking the average capital gain, or increase in median house value, Nimbin,2480 has racked up an average of 17.81% over the period. This ranks it number 1014th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Nimbin should be aiming for at least -4.80% off the asking price, which is the average vendor discount being achieved at the moment.
At number 3554 in a list of fastest selling suburbs, Nimbin is in the bottom 10% of suburbs in Australia with an average of days on market 146.63 for properties listed there.