Over the last year, property investments in Nimbin, 2480 have given investors a capital gain of 6.94%. This compares badly with the 11.67% for NSW as a whole.
If we look at median property appreciation over just the last three months, Nimbin has given property investors a paper return of 5.48%. This puts Suburb as 257 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Nimbin should be aiming for at least -4.59% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 46 properties changed hands in Nimbin, which puts it as the 707th most active market in NSW when comparing the number of sales per suburb.