SOLD
Sold on 12 Oct 2023 for $420,000

116/1 Bowden Court
Nerang QLD 4211

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 88m2
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Property Details for 116/1 Bowden Ct, Nerang

116/1 Bowden Ct, Nerang is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2012. The property has a land size of 88m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom House sold in Nerang in the last 12 months.

Building Type
House
Year Built
2012
Floor Size
57m2
Land Size
88m2
Local Government
Gold Coast City
Lot/Plan
116/SP243241

Last Listing description (April 2020)

This ground floor modern unit is a must to inspect, offering great privacy being in the back corner of the complex, no stairs, it also offers a larger than standard L shaped courtyard, the owner has had this property since new & their circumstances force a sale.

Don't miss this great opportunity to secure the most affordable one bedroom unit in Lexington Apartments. Located on the Eastern side of the highway, this property is adjacent to the Nerang Railway Station and only minutes away from shopping facilities.

The property comprises of a large bedroom, good sized bathroom with an undercover basement car park & great security offered with intercom systems installed.

Property Features:

- Secure boutique building
- High security system
- Very private back corner unit
- Open plan kitchen with large bench space and ample storage
- Air conditioned
- Stainless steel appliances
- Dishwasher
- Separate toilet
- Separate laundry vented
- Security screens throughout
- Large 125L hot water cylinder
- Open plan layout
- Ceiling fans throughout the unit
- L shaped balcony

Council Rates : Approx $895.00 per half
Water Rates : Approx $290.00 per quarter
Body Corporate : Approx $74.00 per week
Sinking Fund : Approx $185,000 (Very healthy)

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Property History for 116/1 Bowden Ct, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$420,000
12 Oct 2023
Listed for Rent
$268/w
29 Nov 2016
  • 12 Oct 2023
    Sold for $420,000
  • 27 Feb 2020
    Sold for $260,000
  • 09 Oct 2019
    Listed for Sale $259,000+
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About Nerang 4211

The size of Nerang is approximately 35.9 square kilometres. It has 49 parks covering nearly 53.6% of total area. The population of Nerang in 2011 was 16,256 people. By 2016 the population was 16,872 showing a population growth of 3.8% in the area during that time. The predominant age group in Nerang is 40-49 years. Households in Nerang are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nerang work in a trades occupation. In 2011, 60% of the homes in Nerang were owner-occupied compared with 58% in 2016.

Nerang has 7,605 properties. Over the last 5 years, Houses in Nerang have seen a 91.86% increase in median value, while Units have seen a 94.85% increase. As at 31 July 2024:

  • The median value for Houses in Nerang is $912,153 while the median value for Units is $624,971.
  • Houses have a median rent of $740 while Units have a median rent of $600.
There are currently 92 properties listed for sale, and 31 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in Nerang.

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