OFF MARKET

311/1 Bowden Court
Nerang QLD 4211

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 80m2
Land area: 99m2
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Property Details for 311/1 Bowden Ct, Nerang

311/1 Bowden Ct, Nerang is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 99m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
2005
Floor Size
80m2
Land Size
99m2
Local Government
Gold Coast City
Lot/Plan
311/SP243241

Last Listing description (March 2023)

Located on the top floor of the freshly painted Lexington Apartments in Nerang, this unit will suit both first home buyers and investors. Situated on level 3 with a large balcony and north east aspect, the unit is adjacent to the Nerang Railway Station and only minutes away from shopping facilities and the beaches of the Gold Coast.

Features include:
- Highly functional open plan layout flowing to the large balcony

- 2 large bedrooms, 2 bathrooms
- Modern island kitchen with stone benches, stainless steel oven and ample storage
- Split system air-conditioning
- Ensuite to the master bedroom
- Main bathroom has a shower over bath
- Separate laundry with wall mounted clothes dryer and linen cupboard
- Secure boutique building with secure parking

Body Corporate: $3,270 per annum
Sinking Fund: $1,380 per annum
Council Rates: approx $1800 per annum

Currently tenanted until 23/4/23

In summary, a modern apartment in a perfect location close to cafes, restaurants and entertainment. Only 2 minutes walk to the Nerang Train Station and mere 10km to Pacific Fair and the beach.

* Photos have been digitally edited for display purposes

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Property History for 311/1 Bowden Ct, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$490,000
29 Jan 2023
Listed for Rent
$313/w
14 May 2019
  • 29 Jan 2023
    Sold for $490,000
  • 16 Jan 2023
    Listed for Sale Not Disclosed
  • 08 Apr 2019
    Listed for Rent $312 / 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 7,600 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.
There are currently 61 properties listed for sale, and 34 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 321 properties were sold in the past 12 months in Nerang.

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