Nerang at a glance
18,291
People
No data
Median sale
$807/wk
Median rent
No data
Suburb gross yield
QLD › Nerang › Mortensen Rd
$755,000
Last sold
7 Jan 2022
3
Bedrooms
1
Bathrooms
2
Car spaces
771 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
$755,000
7 Jan 2022 · derived via latest_sale
Local land rate: recorded House sales in Nerang (last 5 years) with land size have a median of $1,191/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 LJ Hooker NerangThis much loved sturdy well-presented home offers 3 bedrooms upstairs, with a good-sized kitchen, living/dining space, bathroom and a front balcony.
A sliding door from the upstairs living area flows out to a huge rear balcony, ideal for a BBQ while entertaining your guests and enjoying views over your extensive back yard, perfect for the kids to play safely and pets.
The ground floor offers an extensive rumpus games room area, storage & laundry plus separate toilet. This area has endless opportunities to suit the family with dual living potential or huge workroom, perfect for the home handyman.
Features include
* 3 Bedrooms
* Open plan living area
* Good-sized kitchen with dishwasher
* Front balcony
* Upstairs large covered entertainment area
* Huge ground level covered entertainment area
* Rumpus area or games room plus extra storage
* Dual living potential
* New carpets
* Freshly painted
* Air-conditioning
* Insulated
* Security window screens
* Side access to yard
* Double carport plus additional parking
* 2 x garden sheds
Located on a generous 771m2 useable block with side access, plenty of room to put in a pool or large shed. Close to schools, shops, public transport the M1 and approximately 15 minutes to Gold Coast beaches.
Disclaimer:
Our offices adhere to current government guidelines for our open homes. This may include the use of face masks and capacity limits.
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 Steve Snow, LJ Hooker Nerang — reproduced as published, not verified by Districts.