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NSW › Nimbin › Thorburn St

29 Thorburn St, Nimbin NSW 2480

House

$490,000

Last sold

25 Jan 2021

3

Bedrooms

1

Bathrooms

3

Car spaces

800 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $490,000 (25 Jan 2021).(Recorded sale)
  • FactLand 800 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Nimbin (last 5 years) with land size: median $155/m² of land (n=19). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$490,000

25 Jan 2021 · derived via latest_sale

Local land rate: recorded House sales in Nimbin (last 5 years) with land size have a median of $155/m² of land (n=19). Districts calculation from recorded sales — not a valuation.

Nimbin at a glance

1,885

People

$840,000

Median sale

$532/wk

Median rent

3.29%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Nimbin report →

Vs Nimbin

-41.7%

Median sale

Suburb $840,000

+2.36 pp

Gross yield

Suburb 3.29%

Suburb median $840,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$490,00025 Jan 2021
  2. Listedprice unknowncompleted22 Jan 2021

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $532/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Nimbin in one glance

Nimbin at a glance

1,885

People

$840,000

Median sale

$532/wk

Median rent

3.29%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Nimbin report →

Keep researching

  • Why Nimbin? Read the area thesis →
  • What else is on the market in Nimbin →
  • Other records on Thorburn St →

Listing material

Listed by Nimbin Hills Real Estate

A "NO SHORTCUTS" RENO WITH A NOD TO THE FABULOUS FIFTIES

"They really built them to last in the fifties" their builder said, so it was a no-brainer for the current owners to give this great and ‘a little bit quirky' lady a sympathetic makeover sparing no expense. Built in the prized precinct of upper Thorburn Street, this lovely 50's/60's timber home with its unmistakably original Deco angular verandah posts is built on a huge 800m2 site. Cleverly planned it is a home with a seemingly typical 50's small footprint from its curbside view. A single storey front with single level living including very wide covered verandah areas on 2 ½ sides, its front is where the illusion of being small ends. This surprisingly spacious home has a high enough elevation to cater for a full-height second (lower) storey. A former laundry area (enclosed and still fully serviced) it adjoins the lock-up garage and opens out to an almost flat backyard.

It's in the backyard that lovers of self-sufficiency will be delighted! There's a fabulous series of concrete bordered vegetable garden plots, a well-built high dividing fence between the gardens/fruit trees and the big chicken run (plus a great metal coop) with an established grapevine dividing the two. Beyond this you overlook the manicured agriculture plots and lawns of the local K-12 school and beyond that is a lovely view of the dramatic Nimbin Rocks. There's even a fully paved back of house area perfect for a fire-pit where you could soak up the amber winter sun hitting the rocks. Just wow! Sustainable living, town convenience, quiet ambiance… this one screams "contentment!".

The interior of this home is simply lovely. With a neutral colour palette, high ceilings and original but beautifully restored solid Brushbox floors throughout you can add your design flair to either accentuate the 50's features or convert to a totally contemporary residence. The outstanding feature of this offering is the huge open plan living area plan with a kitchen of American Walnut, frosted glass and ‘Osprey' Caeserstone. High end appliances such as Miele dishwasher, Bosch Oven/gas cooktop/rangehood, Flexispray mixer tap and a massive plumbed 2-door Samsung fridge (included) will delight the serious chef, and rather than be incongruous to the 50's home, its design integrity is assured with a unifying 50's inspired glass tile splashback.

Read the full description

Presented beautifully by an exceptional tenant (who would be happy to stay on for investors), this quaint all-hardwood home is full of little touches that set it aside from its opposition. Apart from the possibilities of extending the under-house area into a self-contained guest quarters, teenage retreat or rented space, council currently allows you to build a second dwelling in the huge backyard.... so investors take note.

Some key attributes include:

• 1 x enormous master bedroom with separate access to front porch

• 2 x double bedrooms with original solid built-ins

• Show-stopper bathroom with classic original late 50's floor and wall tiles all in great order. Updated shower, fittings and vanity

• Near new ‘high-end' kitchen with skylight

• New laundry with granite bench and large stainless steel niche. Storage galore

• New (large) split system reverse cycle air conditioner for both seasons + efficient wood burner for winter ambiance + full wool-batt insulation + roof extractors + new DC reverse ceiling fans throughout

• 5 x classic red w/ white trim glass doors give ample room lighting and access to various decks

• Mudroom with garden and verandah access includes separate toilet room

• 3m side verandah & 4m back verandah for ultimate outdoor living & entertainment w/ LED lighting around entire verandah area

• New Family sized solar hot water

• Original 50's door fittings throughout newly restored (chromed)

• Freshly painted interiors & polished Brushbox timber floors

• Lovely new retro light fittings and white venetians reflecting the retro character of the home

• Two double gated street accesses; one to a single carport & one to lock up garage. Rear double vehicle & single pedestrian access to school grounds

• NBN, landline and new TV Aerial/access

• ALL NEW wiring with multiple access points for power including outdoor

• NEW plumbing throughout entire home

• Low maintenance yards with irrigation ready to be employed

Call John on 0428 200 288 or Denny on 0416 107 848 for your private inspection today. **Please note: Inspection days are preferably Tuesdays & Agency declares interest.

Listing description written by John Wilcox, Nimbin Hills Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.