24 Thorburn Street, Nimbin NSW 2480
This property is Off Market
- Last sold 1/6/2023 for $590,000. The Average property price in this area is $3,511,866, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 33.03 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/17/2024 82 CULLEN ST $543,000
- 9/5/2024 144 ROSE RD $785,000
- 8/15/2024 41 ALTERNATIVE WAY $650,000
- 7/29/2024 12 ALTERNATIVE WAY $590,000
- 7/19/2024 78 CECIL ST $525,000
About Lismore Region
With an average age of 52, households expect an average monthly mortgage payment of $1,300 or a weekly rent payment of $285. The average family earns a weekly income of $1,199 with a typical household size of 1.8 and a 84.62% employment rate.
In Nimbin there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Nimbin is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Nimbin provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Nimbin necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Nimbin we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Nimbin a better buying opportunity than it may have been in the past.
Public Transport
Byron Beach
General Points of Interest
Nimbin Pool
Population
(Country of Birth not stated 27%)
Are people healthy?
There are a recorded 1799 asthma sufferers and 871 people living with diabetes. In addition, 789 people have a heart/vascular condition and 1537 people live with three or more chronic diseases.A good place to invest in property?
Lismore Region a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
16 / 100
31 / 100
Industry
18 / 100
22 / 100
Population
28 / 100
19 / 100
House Prices
54 / 100
60 / 100
Jobs
26 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsNimbin CS
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Nimbin Central School
Nimbin, NSW, 2480 State K-12 -
Tuntable Falls Community School
Tuntable Falls Via Nimbin, NSW, 2480 Independent K-6 -
Tuntable Creek Public School
Tuntable Creek, NSW, 2480 State K-6
Property Story
24 Thorburn Street, Nimbin, Nsw, 2480 is a residential property with 3 bedrooms, 2 bathrooms and Parking spaces. The estimated value of this home is $580,000 while properties of this type typically sell for between $755,000 and $1,200,000 in this suburb. The estimated distance to the sea is 33.03km and at least 1.46KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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