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.
6
Bedrooms
2
Bathrooms
10
Car spaces
1,508 m²
Land
276 m²
Building
Districts View
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
No recorded sale price for this property yet.
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.
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
UnknownArea
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 EstateThe jewel in the crown of the village, this bank building was built in approx. 1905. Situated in the main street (CBD) in a commanding elevated position and, as are most old bank buildings, was built with the strongest of hardwood timbers both in construction and finishes.
The Village of Nimbin was originally a dairy town - filled with lovely old shops with deep verandas on timber posts and glass display windows. Most of these buildings were modest in their construction and decoration - the exception being the town's original bank building.
The design of the building itself was always intended as a combined commercial building and residence, and many of the original features have been lovingly restored to reflect this. The facade with its double doors and carefully painted exterior to highlight its ornate features form the entrance of Nimbin's highly regarded local gift shop aptly named "The Green Bank".
This shop has 3 rooms in the building. There's one other 4-room retail shop (with a possibility of more retail use) plus a separate bathroom/2 toilet facility on the Northern side of the building. The remainder of this substantial sized building is a gorgeous residence comprising bedrooms, a living area, kitchen, utility & laundry room, one bathroom and a small office. Being currently a combo of retail and residential there are only 2 rooms used as bedrooms, but sufficed to say, if used as a fully residential premises this would be a six bedroom 2 bathroom home of distinction.
Features include restored clinker brick walls, an open fireplace, air conditioning, 14 ft high ceilings, ceiling fans, wide board polished timber floors and architraves up to 12' high. Contemporary improvements include a huge 15kw solar system, and air conditioning. Most of the residential rooms open out to the extra deep verandas down the southern side filled with bays and nooks for privacy. These cool verandas with huge original rolled glass windows look over lovely tropical gardens.
The back of the building is home to a commercial sized entertaining deck which has uninterrupted views to the Nightcap range, and the huge block of land (over 1500m2) could be developed further. The northern side of the building has the bonus of a large open space as well as a driveway easement to land below, home to the Nimbin Village Farmers' Markets which are always buzzing of a Wednesday. The old bank building is certainly Nimbin's finest village building and is as iconic as the Nimbin Backpackers Hotel. Don't miss out on securing your slice of history.
Listing description written by Suzy Moody, Nimbin Hills Real Estate — reproduced as published, not verified by Districts.
NSW 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.