Nerang at a glance
18,291
People
No data
Median sale
$807/wk
Median rent
No data
Suburb gross yield
QLD › Nerang › Baloo Cres
$875,000
Last sold
19 June 2021
3
Bedrooms
1
Bathrooms
4
Car spaces
2,688 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
$875,000
19 June 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 NerangAuction Location: Onsite.
This property represents a rare opportunity for those seeking the ultimate riverfront lifestyle or for those looking to taking advantage of a unique development opportunity with potential for dual street frontage (subject to council approvals). Rarely will you find a better more useable main river frontage property than this one providing 2,688m2 of pristine riverside living in the heart of Nerang. The options are endless...think fishing, swimming, canoeing (this is not deep river front so don't think motor boats), riverside picnics and plenty of room for the kids and pets to roam free. There is even a riverside fire pit area which family and friends will love, not to mention the small jetty to feed the turtles or to throw in a line.
There is also a cozy character filled 3 bedroom home with high raked ceilings, open plan living and a slow combustion fireplace. There is also a separate home office that would be perfect as a teenage retreat/4th bedroom. A covered outdoor area overlooks the expansive back yard and pool area complete with a poolside gazebo. Side access also provides access to a huge 26m x 6m shed that has been converted to provide potential extra living, bedroom, kitchen and bathroom space in addition to 2 extra garage spaces.
A rare and unique buying opportunity not to be missed, featuring:
* 3 bedrooms, all with built-ins
* Separate study/home office/teenage retreat
* Main bathroom with spa bath and separate toilet
* Spacious open plan lounge and dining area with raked ceilings and combustion fireplace
* Modern kitchen with dishwasher and plenty of cupboards
* Separate laundry
* Fans throughout
* Saltwater inground swimming pool plus a poolside gazebo
* Full length rear verandah overlooking the yard and pool area
* 2,688m2 block backing onto Nerang river with side access to a big 26m x 6m converted shed with power
* Irrigation pump that provides water throughout the property
* River jetty for throwing in a fishing line feeding the turtles or simply a perfect place to sit and take in the tranquility of the Nerang River
* The property is home to many fruit trees
* A relaxing riverside fire pit
An ideal Nerang riverfront location close to all shops and amenities and only minutes to schools, the M1 and the Nerang rail and bus hub. A short drive to Metricon Stadium, resort golf courses and major shopping centres.
The instructions are very clear, this home must sell under the hammer so don't miss this unique opportunity!! Make sure you get to the open homes.
Disclaimer:
Everyone who visits our Open Homes will need to check-in.
Along with the Check In QLD app, our agents will check you in to our database as per our office policy.
Listing description written by Chris Pittaway, LJ Hooker Nerang — reproduced as published, not verified by Districts.