OFF MARKET

27 Souter Street
Nerang QLD 4211

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 134m2
Land area: 408m2
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Property Details for 27 Souter St, Nerang

27 Souter St, Nerang is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1993. The property has a land size of 408m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1993
Floor Size
134m2
Land Size
408m2
Local Government
Gold Coast City
Lot/Plan
87/RP854967

Last Listing description (March 2021)

This comfortable home, in a great little pocket close to Nerang High School, is in a lovely neighbourhood adjacent parkland on a double cul de sac. It is the perfect investment property! If you are looking for an uncomplicated 'Set and Forget' investment then look no further! With the perfect long term Tenants in place, who care for the property as if it's their own, there are no headaches with this rental and guaranteed income for the next 2 years. This very unique proposition is an opportunity to secure your place in the property market whilst still being able to live where you choose! A motivated sale, this little beauty is waiting for your immediate purchase. Step up now and secure your financial future!

* 3 bedrooms, 2 bathrooms, double garage
* Renovated kitchen & Bathrooms

* Paved outdoor areas, small grassy yard
* Solid, secure rental, $490pw
* Long term lease, guaranteed returns
* Backing onto Riverside Parklands
* Double cul de sac, quiet neighbourhood
* Ideal investment property; great Tenants!
* Seller is pursuing other interests!!

Property History for 27 Souter St, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$510,000
28 Feb 2021
  • 28 Feb 2021
    Sold for $510,000
  • 09 Dec 2020
    Listed for Sale Interest Over $529,000
  • 29 Jul 2015
    Transferred for $311,000
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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.

Suburb Insights for Nerang 4211

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.