Nerang at a glance
18,291
People
No data
Median sale
$807/wk
Median rent
No data
Suburb gross yield
QLD › Nerang › Nerang River Dr
$940,000
Last sold
14 May 2021
4
Bedrooms
3
Bathrooms
6
Car spaces
2,242 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
$940,000
14 May 2021 · derived via latest_sale
Local land rate: recorded House sales in Nerang (last 5 years) with land size have a median of $1,190/m² of land (n=73). Districts calculation from recorded sales — not a valuation.
Nerang at a glance
18,291
People
No data
Median sale
$807/wk
Median rent
No data
Suburb gross yield
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.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $807/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. Nearby development applications are not loaded. This lot’s own applications are a separate question. 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. Net yield / holding costs are not estimated outside NSW without inventing land tax.
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
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
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
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Nerang at a glance
18,291
People
No data
Median sale
$807/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by LJ Hooker NerangAn incredible opportunity awaits one lucky family with this amazing riverfront home set on 2,242m2 of prime useable land in one of Nerang's most desirable locations, Nerang River Drive. A very tightly held position and rightfully so, this is the very first time the property has been offered to market since 1977.
Raked ceilings add a touch of character to the home and the generous floorplan will cater to the demands of any growing family. Offering purchasers an endless amount of potential to make their own improvements as they see fit. You will need to act quickly and ensure your attendance at the open home to avoid any potential disappointment.
This Property Also Includes;
2,242m2 of prime useable riverfront land with side access provided
Cool off during the warm summer months in the sparkling in ground pool and cuddle up by the fireplace in the cooler winter months. The kids will love throwing a line in and catching dinner for the family after school
Double lock up garage with two additional double carports and an abundance of off street parking space for boats, trailers and caravans as required
Electric security gate entry for added privacy
Spacious air-conditioned living and dining areas featuring raked ceilings
Large covered entertaining area at the rear, an ideal spot to enjoy the picturesque outlook of the Nerang River
Large shed/work shop for the handy people to enjoy, great potential for a work from home scenario
Solar power system installed to help keep the power bills to a minimum
Four bedrooms with built in robes provided including ensuited air-conditioned master with walk through robe
Separate study with potential for use as the fifth bedroom if required and an additional utility room/rumpus room
A truly unbeatable location, just minutes to the local Coles supermarket, cafes and restaurants. Quick access to the M1 and Nerang Train Station provided for those needing to commute for work. To register your interest in this phenomenal property please contact Michael Folkard from LJ Hooker Gold Coast Solutions today.
Listing description written by Michael Folkard, LJ Hooker Nerang — reproduced as published, not verified by Districts.