Property Details for 27 Medellin Pl, Nerang
27 Medellin Pl, Nerang is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1993. While the property is not currently for sale or for rent, it was last sold in March 2016.
Last Listing description (January 2022)
Huge Price Reduction... Cheapest Home on the Coast?
Owners have dramatically revised their expectations on this stand alone home and want this home urgently sold. It presents a great investment opportunity with rent potential of $370-$390 per week (currently rented until May at $355 per week). Located in a quiet culdesac close to all amenities.
Featuring:
Open plan living
Large undercover lock up tandem carport or outdoor entertaining area
Extras include: Security screens, fans, garden shed
418m2 block with a fully fenced yard
Located in Nerang, close to parks, schools and all amenities, minutes to the M1.
*Please note that virtual furniture has been used in some of these photos
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Property History for 27 Medellin Pl, Nerang, QLD 4211
- 22 Jan 2022Listed for Sale Sold
- 21 Aug 2018Listed for Rent - Price not available
- 04 Apr 2016Sold - Price Undisclosed
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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 7,599 properties. Over the last 5 years, Houses in Nerang have seen a 87.31% increase in median value, while Units have seen a 106.79% increase. As at 30 November 2024:
- The median value for Houses in Nerang is $915,465 while the median value for Units is $630,184.
- Houses have a median rent of $750 while Units have a median rent of $580.
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