Nerang at a glance
18,291
People
No data
Median sale
$807/wk
Median rent
No data
Suburb gross yield
QLD › Nerang › Riverlea Waters Dr
$855,000
Last sold
27 May 2023
3
Bedrooms
2
Bathrooms
3
Car spaces
717 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
$855,000
27 May 2023 · derived via latest_sale
Local land rate: recorded House sales in Nerang (last 5 years) with land size have a median of $1,187/m² of land (n=72). 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 Stone Real Estate LoganOUTSTANDING LIVING, RESORT FACILITIES, SECURED ESTATE
This absolutely stunning setting offers the lifestyle you have always dreamed of, surrounded with an abundance of space, beautiful views across Crane Creek plus unrivalled resort style facilities and all within minutes to everything you could ever need. This security gated estate is the absolutely perfect place to enjoy the rest of your life and spend quality time with family and friends building life long memories.
Rarely is such a peaceful and private location matched by the stunning facilities on offer such as 2 x resort style pools, 2 x tennis courts, recreation room, gymnasium, library, BBQ facilities, children's playground and acres of lawn for walking on offer plus on and off dog leash areas.
You truly have the best of both worlds with just a 4 minute drive to the M1 to head south to Coolangatta or north to Brisbane, a 20 minute drive to 11 sensational Gold Coast beaches, 2 minutes to local shops, 4 schools within 5 minutes, Westfield Helensvale is 8 minutes, 15 minutes to Pacific Fair & Australia Fair shopping centres, minutes to Nerang train station, local buses and easy access to all major arterial roads.
As you step inside, you will experience the exceptional design, which flows effortlessly for complete enjoyment and ease of living for the whole family. The well-defined living areas in the home offers an abundance of space to enjoy those intimate family moments, family gatherings or simply for the solitude you sometimes yearn. The home has been meticulously cared for by the current owners of nearly 20 years.
The kitchen is central to the functionality of the home allowing for easy access to the informal meals and family areas or direct access to alfresco dining. Complete with modern appliances including dishwasher, corner pantry , oven, built in microwave space and with plenty of bench and cupboard space making meal time a breeze.
The 3 bedrooms are all a great size are all tiled and can all take double beds if required. The master has access to a rear patio which is perfect for the morning coffee looking out over crane creek. Complete with double built in robes, ceiling fan, quality window furnishings, ensuite including a shower, single vanity and new fixtures and fittings. The other 2 bedrooms have built in robes, ceiling fans, plantain shutters, air con to bed 3. The garage has been converted to a home office but can also be used as a 4th bedroom or even media room if required. The main bathroom is beautifully presented and includes a full size spa bath, large vanity and complete with wall to ceiling tiles.
The main living room is airy and bright, letting in natural light through plantain shutters, with quality floor tiles, air conditioning and provides access to the outside alfresco dining area. The floor plan offers multiple usages and can accommodate a second family room or be used as a large dining area if needed which also gives you a study area or a formal dining. An internal laundry completes inside living.
As you step outside you are greeted with a sensational tiled alfresco area with enough space for the whole family. With weather protection blinds meaning you can use the area all year round and even as an outside living room if required. The yard is fully fenced and perfect for the kids to play and opens onto the huge grass area which is part of the estate. Complete with 2 garden sheds, remote controlled out door blinds, side access for the boat, trailer or 16 foot caravan, 12 solar panels, front porch, rear patio off the master bedroom, double carport plus a third parking option, landscaped gardens and so much more….
24 Riverlea Waters Drive, Nerang at a glance:
-3BED
-2BATH
-Tiled throughout
-Family, Living, Dining
-Huge tiled alfresco with roll down blinds
-Fully fenced yard
-Pet Friendly
-Resort Style Facilities
-Security Gated Estate
-Stunning Setting
-Minutes to everything
-Rental Appraisal $825 to $875 per week
-Body Corp: $79 per week
Listing description written by Jason Savage, Stone Real Estate Logan — reproduced as published, not verified by Districts.