Nerang at a glance
18,291
People
No data
Median sale
$807/wk
Median rent
No data
Suburb gross yield
QLD › Nerang › Castagno Ave
$959,000
For sale
Asking
3
Bedrooms
1
Bathrooms
1
Car spaces
401 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
Asking
$959,000
Asking · $2,392/m² of land
No recorded sale for this property.
Nerang at a glance
18,291
People
No data
Median sale
$807/wk
Median rent
No data
Suburb gross yield
$43,760 on top of the price (4.6% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Nerang's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 4.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Ray White RobinaSet in an elevated position in one of Nerang's most convenient pockets, this classic highset home offers the winning combination that first home buyers, investors and renovators are all searching for, solid bones, flexible space, and a location that makes everyday life easy.
Upstairs, the spacious open-plan living and dining area is filled with natural light and kept comfortable year-round with air conditioning and ceiling fans throughout. The recently renovated kitchen is both functional and fresh, flowing out to an undercover area, the perfect spot for a morning coffee or an easy weekend barbecue.
All three bedrooms include built-in robes and ceiling fans, with the large master featuring a mirrored full-length robe and a beautiful big bay window that fills the room with light. The two-way bathroom connects conveniently off the master, with a separate additional toilet for busy mornings, and the recently renovated laundry adds another touch of freshness.
Downstairs, the single garage comes with generous under-house storage, and there's plenty of extra off-street parking, plus side access potential, handy for pets, storage and getting things to the backyard with ease.
Outside, the backyard is ready for kids or pets to play, all from your elevated position catching the breeze.
And the location seals the deal, a short walk or drive to Nerang Fair Shopping Centre, St Brigid's Primary School and Nerang State High School, with the M1 just 3km away for an easy run north or south to everything the Gold Coast has to offer.
Features Include:
• Partially renovated home appealing to first home buyers or investors
• Three bedrooms, all with built-in robes and ceiling fans
• Large master with full-length robe and big bay window
• Two-way bathroom off the master plus extra separate toilet
• Spacious open-plan living and dining with plenty of natural light
• Air-conditioned living area with ceiling fans throughout
• Recently renovated kitchen and separate laundry
• Undercover outdoor area off the kitchen
• Spacious backyard for kids and pets to play
• 6.64kW solar system for energy efficiency
• Single garage with large under-house storage
• Additional off-street parking and side access potential
• Walk to Nerang Fair, St Brigid's Primary and Nerang State High
• Just 3km to the M1, north or south in minutes
With its elevated position, flexible appeal and unbeatable convenience, this is an opportunity across every buyer type, and homes like this don't wait around.
Contact Dylan Foote today for further information or come and see it for yourself at the open home.
Listing description written by Dylan Foote, Ray White Robina — reproduced as published, not verified by Districts.