Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Nerang › Rivergum Dr

66 Rivergum Dr, Nerang QLD 4211

For saleHouse

$970,000

For sale

Asking

$580,000

Last sold

17 Nov 2021

3

Bedrooms

2

Bathrooms

2

Car spaces

314 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $970,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $970,000(Listing record · 22 June 2026)
  • FactLand 314 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Nerang (last 5 years) with land size: median $1,187/m² of land (n=72). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationIf it leased at Nerang's advertised median rent ($807/wk), implied gross yield would be 4.33% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$970,000

Asking · $3,089/m² of land

Last recorded sale $580,000 (17 Nov 2021).

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

See the full Nerang report →

Total cost to purchase

Purchase Price
$970,000
Stamp Duty (Queensland)
$36,675
Transfer/Registration Fee
$3,926
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
$1,014,301

$44,301 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
2.83%
Annual cashflow (pre-tax)
$-23,026
Interest cover (DSCR)
0.54
Annual rent
$41,964
Operating expenses
$14,550
Loan amount
$776,000
Annual interest
$50,440
Gross yield
4.33%

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

202120242026$580k$970k
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$970,000available21 June 2026
  2. Sold$580,00017 Nov 2021
  3. Listedprice unknowncompleted21 Sept 2021

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 4.3%. 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 Rivergum Dr →

Listing material

Listed by Coronis Pacific Pines

Brilliant well refreshed family home !

*** Virtual Tour Available

Welcome to 66 Rivergum Drive, Nerang - a beautifully presented family home that perfectly combines modern comfort, thoughtful upgrades, and low-maintenance living.

Positioned on a 314m² block, this charming residence offers three bedrooms, two bathrooms, and a functional floorplan designed to suit families, first-home buyers, and savvy investors alike.

Read the full description

From the moment you step inside, you'll appreciate the care and attention the current owners have invested into creating a home that is both stylish and practical. The spacious open-plan living and dining area flows seamlessly to the well-appointed kitchen, creating the perfect setting for everyday living and entertaining.

The home has undergone a range of quality improvements, providing peace of mind and exceptional value for its next owners.

Things to take notes;

Land 314m2 with no easement

Current Lease - $820PW till 25th of Jan 2027

Rental Appraisal $820 - $850PW

Council rate - Approx $1500 per 6 months

Water rate - Approx $430 per 3 months

Features You'll Love:

Fully renovated Main Bathroom, Ensuite, and Separate Toilet (June 2025)

Three air-conditioning units servicing the Main Bedroom, Second Bedroom, and Living Area (2022-2023)

New ceiling fan with light installed in the Third Bedroom (2024)

Gutter protection mesh installed to minimise maintenance and eliminate the need for regular gutter cleaning access

New roller blinds throughout, including double blinds in the Main and Second Bedrooms (2022)

Roof professionally painted with heat-reflective coating for improved thermal efficiency (2023)

New security screen door at the front entry

Single lock-up garage with epoxy flooring installed (2024)

Freshly Landscaped Outdoor Retreat

Step outside and discover your own private retreat. The covered pergola, installed in 2022, provides the perfect space for entertaining family and friends or simply relaxing outdoors. The backyard has been thoughtfully designed with low-maintenance artificial turf, while new boundary fencing and a side access gate completed in 2022/2023 enhance both privacy and functionality.

Location Highlights;

Conveniently positioned close to local schools, shopping centres, public transport, and parklands, this property offers an enviable lifestyle in one of Nerang's most accessible locations.

Whether you're looking for your next family home or a quality investment opportunity, 66 Rivergum Drive presents exceptional value with all the hard work already done.

Contact us today to arrange your inspection and experience everything this wonderful home has to offer.

Residential Sales Disclosure:

Disclaimer: The agent has taken reasonable steps to verify the accuracy of the information contained in this marketing and advertising material. However, all information is provided as a guide only and should not be relied upon as a representation of fact.

Prospective buyers should make their own enquiries, conduct their own due diligence and seek independent advice to satisfy themselves as to the accuracy, condition, suitability and completeness of the information provided in relation to the property.

To the extent there is any inconsistency between this marketing or advertising material and the Form 2 Seller Disclosure Statement for the property, the Form 2 Seller Disclosure Statement will prevail.

If this property is being sold by auction or without a price, a price guide cannot be provided. Any website or portal may have filtered the property into a price bracket for website functionality purposes only.

Some marketing images may contain virtual furniture, furniture staging, digital enhancements or AI-generated enhancements for illustrative purposes. Any such images are intended to assist with visual presentation only and may not reflect the actual property features, furnishings, condition, layout, size, views or presentation. Buyers should rely on their own inspections, enquiries and independent advice.

Listing description written by Matthew Quetcher, Coronis Pacific Pines — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Toilets: 1
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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