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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Nimbin, the median property price for a house is currently 600,000 with annual capital growth of 3.45 . There were 37 house sales in the past 12 months. On average, houses spend 98 days on market.
If you're thinking about buying an investment property in Nimbin, consider that rental yields for houses are currently 4.18 with an average median rent of 498 weekly. Houses have seen -3.23 growth in the past quarter, and 3.45 growth in the past 12 months.
The size of Nimbin is approximately 72.9 square kilometres. It has 5 parks covering nearly 3.1% of total area. The population of Nimbin in 2011 was 1,667 people. By 2016 the population was 1,474 showing a population decline of 11.6% in the area during that time. The predominant age group in Nimbin is 50-59 years.
Households in Nimbin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nimbin work in a professional occupation. In 2011, 69.4% of the homes in Nimbin were owner-occupied compared with 68.8% in 2016.
There were 2 unit sales in the past 12 months.
The size of Nimbin is approximately 72.9 square kilometres. It has 5 parks covering nearly 3.1% of total area. The population of Nimbin in 2011 was 1,667 people. By 2016 the population was 1,474 showing a population decline of 11.6% in the area during that time. The predominant age group in Nimbin is 50-59 years.
Households in Nimbin are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nimbin work in a professional occupation. In 2011, 69.4% of the homes in Nimbin were owner-occupied compared with 68.8% in 2016.
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| Key Market Data | House | Unit |
| Median price | 600,000 | – |
| Quarterly growth | -3.23 | – |
| 12-month growth | +3.45 | – |
| Average annual growth | +7.29 | – |
| Weekly median rent | 498 | – |
| Gross rental yield | 4.18 | 4.08 |
| Number of Sales (12m) | 37 | 2 |
| Avg. Days on Market (12m) | 98 | – |
| Key Demographics | 2011 | 2016 |
| Total population | 1,667 | 1,474 |
| Population change (5y) | +21.77 | -11.60 |
| Median household income (p/w) | 621 | 657 |
| Household income change (5y) | +21.53 | +5.80 |
| Median age of persons | 45 | 50 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Nimbin was 1,474 in 2016, a -11.60 change compared to 2011.
The predominant age group in Nimbin is 50-59 years.
The population of Nimbin was 1,474 in 2016, a -11.60 change compared to 2011.
The predominant age group in Nimbin is 50-59 years.
Most of the population in Nimbin were born in Australia.
Most of the population in Nimbin were born in Australia.
Most of the population in Nimbin report their religion as No Religion.
Most of the population in Nimbin report their religion as No Religion.
Most of the population in Nimbin report their income range as between 15,000 and 33,000 .
The median household income in Nimbin was 657 in 2016, a +5.80 change compared to 2011.
Most of the population in Nimbin report their income range as between 15,000 and 31,000 .
The median household income in Nimbin was 621 in 2011, a +21.53 change compared to 2006.
Most of the population in Nimbin work as Professional.
Most of the population in Nimbin work as Professional.
The chart below demonstrates the various levels of education in Nimbin.
The chart below demonstrates the various levels of education in Nimbin.
Most of the population in Nimbin reached a qualification level of Certificate.
Most of the population in Nimbin reached a qualification level of Certificate.
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Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.
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