Nerang at a glance
18,291
People
No data
Median sale
$807/wk
Median rent
No data
Suburb gross yield
QLD › Nerang › Riverview Rd
$791,000
Last sold
26 Oct 2023
5
Bedrooms
2
Bathrooms
2
Car spaces
564 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
$791,000
26 Oct 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
UnknownArea
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 NerangWelcome to your new home where comfort, versatility, and potential combine harmoniously. This dual living property requires some work but offers an incredible opportunity for you to create your dream space, whether you're seeking a multigenerational setup, an income-generating rental, or a versatile living arrangement. With a total of 5 bedrooms, 2 bathrooms, and abundant living areas, this property provides the canvas for your unique vision. Listing price to reflect being sold 'as is' ready for your updates!
Main Features:
Downstairs Private Entry Home:
2 bedrooms with ample natural light
Inviting lounge and dining area for relaxation and gatherings
Well-appointed bathroom offering convenience
Fully separate kitchen for culinary creations
Air-conditioning & fans
MPR = multi-purpose room: - perfect as a 3rd bedroom or fabulous garden-facing office
Outside Entertaining Area:
Enjoy outdoor living in style and comfort
Ideal space for barbecues, social gatherings, and peaceful relaxation
Upstairs Private Retreat:
Private entrance for a sense of exclusivity
3 bedrooms offering flexibility for family, guests, or home office
Well-maintained bathroom with a separate toilet
Lounge area providing a cozy space for relaxation
Air-conditioning & fans
Kitchen diner with a view overlooking a vast deck - perfect for breakfast with a view
Garden Oasis:
A lush, green garden shared by the entire household
Space for gardening, play, or simply unwinding in nature's embrace
Convenient Parking:
Shared carport accommodating 2 cars, shielding them from the elements
Ample off-street parking available for residents and guests
Unleash Your Imagination:
While this property requires some work and minor renovations, it presents an incredible opportunity for you to shape it according to your preferences. Whether you're a visionary looking to make your mark or a savvy investor ready to transform this diamond in the rough, the possibilities are truly endless.
Currently Leased:
Upstairs: Periodic lease @ $400pw (new appraisal $580 - $630PW)
Downstairs: Until 11th Feb 2024 @ $380pw (new appraisal $500 - $550pw)
Rates: Approx. $1,150 Bi-annually
Water: Approx. $420pq
Location:
Nestled in a desirable neighborhood, this property offers a convenient blend of tranquility and accessibility. Close to essential amenities, schools, parks, and transportation, you'll find everything you need just a stone's throw away.
Don't miss out on this chance to create the living space you've always envisioned. Embrace the potential, embrace the future – schedule a viewing today!
Contact us at [phone number] or [email address] to arrange a private tour and explore the boundless possibilities of this remarkable dual living property. Don't delay, your dream lifestyle awaits!
Listing description written by Debbie Taylor, LJ Hooker Nerang — reproduced as published, not verified by Districts.
Nearby 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.