4/7 Bowden CourtNerang QLD 4211
Property Details for 4/7 Bowden Ct, Nerang
4/7 Bowden Ct, Nerang is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 77m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in March 2016.
Last Listing description (April 2016)
Offering outstanding value and perfectly positioned within just minutes of the M1 and the Nerang Train Station, is this 4 bedroom, 2 bathroom townhouse in the gated Riverbend Apartments.
Home owners will appreciate the sparkling in ground pool and adjoining common entertaining BBQ area in this low maintenance secure complex.
Features include:
Split system air-conditioning
Granite benchtops
Separate laundry
Single car lock-up garage and additional car port
Storage space
Courtyard area
Small gated complex of 22 townhouses
This property needs new carpets throughout and a fresh paint. Quotes for a larger 4 bedroom house has been $5,000 for flooring + $3,400 for painting. The sellers have taken this into account and have already adjusted the sale range accordingly.
Investors:
Offering exceptional value for investors also, currently rented for $395 per week and the option of on-site management. With new carpets and a fresh paint, others in the complex have been leased for $430 per week.
Rental information:
Occupancy rate: 100%
Rent Return: $395 per week ($430 per week once renovated)
Water Rates: $1,836 pa
Council Rates: $1,545 pa
Body Corporate: $70.59 per week
Leased @ $395 per week until 28/4/2016
Property History for 4/7 Bowden Ct, Nerang, QLD 4211
- 02 Mar 2016Sold for $289,000
- 12 Feb 2016Listed for Sale $280,000 TO $315,000
- 11 May 2008Listed for Sale $365,000 - $379,000
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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 7,599 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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