SOLD
Sold on 13 Aug 2024 for $497,000

3/18-36 Paradise Street
Nerang QLD 4211

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 301m2
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Property Details for 3/18-36 Paradise St, Nerang

3/18-36 Paradise St, Nerang is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 301m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Nerang in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
74m2
Land Size
301m2
Local Government
Gold Coast City
Lot/Plan
3/BUP3695

Last Listing description (September 2024)

Experience peaceful living in this quaint, centrally located Nerang complex. Situated within walking distance of the train station and offering easy M1 access at your doorstep.

This older-style 2 bedroom unit features high ceilings, spacious open-plan living and dining areas, and generously sized bedrooms with abundant storage. The galley-style kitchen is equipped with a near-new oven, ensuring both functionality and convenience. Additional highlights include a separate laundry, a separate toilet, and an updated bathroom.

Currently rented at $550 per week, this property also offers undercover parking for one vehicle, complemented by ample on-street parking.

The unit overlooks a park featuring a children's playground.

Don't miss out on this prime opportunity schedule your viewing today!

Property History for 3/18-36 Paradise St, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$497,000
13 Aug 2024
Listed for Rent
$520/w
24 Feb 2023
  • 13 Aug 2024
    Sold for $497,000
  • 05 Jul 2024
    Listed for Sale OFFERS OVER $485,000 CONSIDERED
  • 10 Feb 2023
    Listed for Rent $520 / week
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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 7,590 properties. Over the last 5 years, Houses in Nerang have seen a 105.14% increase in median value, while Units have seen a 104.20% increase. As at 31 August 2024:

  • The median value for Houses in Nerang is $931,887 while the median value for Units is $633,038.
  • Houses have a median rent of $730 while Units have a median rent of $600.
There are currently 70 properties listed for sale, and 30 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 337 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.