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.
NSW › Nimbin › Thorburn St
$490,000
Last sold
25 Jan 2021
3
Bedrooms
1
Bathrooms
3
Car spaces
800 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
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.
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 data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning 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.
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
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.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
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.
Listing material
Listed by Nimbin Hills Real Estate"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.
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.