Nimbin vs Sussex Inlet

The median house price is $785K in Nimbin and $780K in Sussex Inlet, so Sussex Inlet is the cheaper entry point, with Nimbin houses about 1% dearer.

For units, Nimbin sits at a median of $360K against $625K in Sussex Inlet, which makes Nimbin the more affordable unit market and Sussex Inlet the pricier one.

Gross rental yield on houses is effectively level, at 3.87% in Nimbin and 3.83% in Sussex Inlet, so neither suburb has a cash flow edge on houses.

Over the past year house prices moved +10.1% in Nimbin (an estimate) and +2.7% in Sussex Inlet, so recent momentum favours Nimbin, although both suburbs recorded growth.

Rental vacancy is 0.6% in Nimbin and 3.1% in Sussex Inlet, so landlords in Nimbin face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Sussex Inlet is the bigger suburb, with a population of 3,888 against 1,607, roughly 2.4 times the size of Nimbin; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Sussex Inlet for a lower purchase price, Nimbin for recent price momentum, Nimbin for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.