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QLD › Nerang › Richfield Cl

5 Richfield Cl, Nerang QLD 4211

For saleHouse for Sale

$990,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

629 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $990,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $990,000(Listing record · 17 July 2026)
  • CalculationLand 629 m² against a 105 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationIf it leased at Nerang's advertised median rent ($807/wk), implied gross yield would be 4.24% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$990,000

Asking · $1,574/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

See the full Nerang report →

Total cost to purchase

Purchase Price
$990,000
Stamp Duty (Queensland)
$37,575
Transfer/Registration Fee
$4,019
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,035,294

$45,294 on top of the price (4.6% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Nerang's advertised median rent — not a rent for this listing.

Net yield
2.74%
Annual cashflow (pre-tax)
$-24,366
Interest cover (DSCR)
0.53
Annual rent
$41,964
Operating expenses
$14,850
Loan amount
$792,000
Annual interest
$51,480
Gross yield
4.24%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$990,000available17 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.2%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Nerang in one glance

Nerang at a glance

18,291

People

No data

Median sale

$807/wk

Median rent

No data

Suburb gross yield

See the full Nerang report →

Keep researching

  • Why Nerang? Read the area thesis →
  • What else is on the market in Nerang →
  • Other records on Richfield Cl →

Listing material

Listed by COASTAL ° Robina

Lovely Home in a Quiet Street

Karen McDonald is proud to present 5 Richfield Close, Nerang-a beautifully maintained elevated residence that has been lovingly cared for by its long term owner.

Filled with natural light and surrounded by lush greenery, this home offers a warm, inviting atmosphere with plenty of scope to update or personalise to suit your own style. Its elevated position enhances airflow and captures tranquil treetop vistas, creating a peaceful retreat that feels worlds away from the everyday.

Privately positioned at the rear of the block and at the end of a quiet cul de sac, the home enjoys a serene setting framed by established gardens. Multiple verandas catch cooling breezes and provide the perfect place to unwind, enjoy the leafy outlook, and embrace the feeling of living amongst nature. Whether it's morning coffee on the balcony or sunset drinks with friends, the outdoor spaces are designed for year round enjoyment.

Read the full description

Set on a 629m² block, the property delivers an easy care lifestyle with ample space for everyone to relax, entertain, and enjoy.

Some of the things we love about this home:

• Kitchen and dining zone with abundant storage, Westinghouse oven & cooktop, and Bosch dishwasher

• Separate lounge ideal for quiet retreat

• Three bedrooms, all with built in robes

• Master suite with private ensuite

• Main bathroom featuring both bath and shower

• Timber flooring and wool carpet

• Ceiling fans in bedrooms, living, and dining

• Air conditioning in the main living area

• Separate toilet

• Dedicated laundry with excellent storage

• Year round balcony capturing breezes and leafy views

• 10 solar panels

• Electric hot water system (less than 12 months old)

• Fully fenced rear yard-perfect for children and pets

• Plenty of room for a pool or shed

This quality built home offers a peaceful retreat where established gardens create a beautiful backdrop, and the elevated position enhances airflow and natural light throughout. Whether relaxing on the veranda, enjoying the private yard, or entertaining family and friends, the home provides comfort, privacy, and an easy care lifestyle.

Nerang is a well connected, family friendly suburb blending leafy parklands with convenient shopping, schools, and easy access to the M1, offering a relaxed Gold Coast lifestyle.

Schools: Nerang State High School, Nerang State School, St Brigid's Primary School

Shopping: Nerang Mall, Earle Plaza, Bunnings, local cafés & restaurants

Recreation: Clearwater Parklands, Nerang National Park, Nerang RSL & Bowls Club

A family-friendly location with everything at your doorstep. Act fast as this property won't last long!

Contact Karen McDonald to discuss this property further

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Listing description written by Karen McDonald, COASTAL ° Robina — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.