Suburb Profile Report for Nimbin NSW (2480)

Nimbin House: Median price $430,000, Annual capital growth 3.99%, Number of sales 30, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
  • House Report

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.

Metrics i HOUSE UNIT
$430,000 N/A
3.61% N/A
17.81% N/A
3.99% N/A
N/A N/A
30 N/A
N/A N/A
146.63 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 1667
Median household income ($/weekly) 617
Median age of persons 46
Median housing loan repayment ($/monthly) 1083
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 204 12.2
    25-34 years 149 8.9
    35-44 years 231 13.9
    45-54 years 351 21.1
    55-64 years 332 19.9
    Others 399 23.9
    Age Group
    Census Count Percent(%)
    Not Married 655 57.5
    Registered Married 293 25.7
    Defacto Relationship 192 16.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1200 79.5
    Greece 29 1.9
    Papua New Guinea 47 3.1
    United Kingdom 115 7.6
    Other 41 2.7
    Others 78 5.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 90 6.7
    Christianity 379 28.1
    Hinduism 6 0.4
    Other Religious Groups 70 5.2
    No Religion 789 58.6
    Others 13 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 71 11.2
    $300-$399 86 13.5
    $400-$599 110 17.3
    $600-$799 93 14.6
    $800-$999 60 9.4
    Others 216 34.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 595 47.7
    Employed, worked part-time 289 23.2
    Employed, worked full-time 254 20.4
    Unemployed, looking for work 75 6.0
    Employed, away from work 35 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 87 15.1
    Professionals 145 25.2
    Technicians & trades workers 75 13.0
    Community & personal service workers 87 15.1
    Clerical & administrative workers 57 9.9
    Others 125 21.7
    Occupation
    Census Count Percent(%)
    Pre-school 25 7.4
    Infants/Primary 124 36.6
    Secondary 96 28.3
    Technical or Further Educational Institution 49 14.5
    University or other Tertiary Institutions 38 11.2
    Others 7 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1432 96.1
    Semi-detached, row or terrace house, townhouse 24 1.6
    Caravan, cabin, houseboat 22 1.5
    Improvised home, tent, sleepers out 7 0.5
    House or flat attached to a shop, office 5 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 311 45.6
    Rented 178 26.1
    Being purchased 174 25.5
    Other tenure type 19 2.8
    Tenure Type
Census 2011, ABS
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