5 Rivergum DriveNerang QLD 4211
Property Details for 5 Rivergum Dr, Nerang
5 Rivergum Dr, Nerang is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1999. The property has a land size of 327m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (November 2022)
Very neat and tidy stand-alone home positioned in a quiet cul de sac location just a stone's throw from the Nerang River and Parklands and offering a picturesque bushland outlook at the rear. Representing exceptional value for money for the first home buyers looking to gain entry to the property market this home has been impeccably presented to market and requires no immediate renovations. Please act quickly and ensure your attendance at this weekend's open home to avoid missing out!
This Property Also Includes;
Single garage with internal access to the home and plenty of additional uncovered parking space
Open plan air-conditioned tiled living space extending out to an impressive covered entertaining area at the rear
Refurbished kitchen with dishwasher and loads of cupboard space
Garden shed to help store the tools and toys
Great low maintenance block of approximately 327m2, securely fenced for the kids and pets
Main bathroom featuring a shower and bathtub with separate toilet provided
Very attractive weekly rental return potential of approximately $680-$700 for the investors
Central cul de sac position just walking distance to St Brigid's Primary School, Little Scholars School of Early Learning and the local convenience store. Access to the M1 and Nerang Train Station provided within minutes for those needing to commute for work. Please contact Michael Folkard from LJ Hooker Gold Coast today to register your interest!
Property History for 5 Rivergum Dr, Nerang, QLD 4211
- 09 Sep 2022Sold for $655,000
- 30 Aug 2022Listed for Sale Offers Over $620,000
- 29 Feb 2020Sold for $430,000
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0About 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 7,569 properties. Over the last 5 years, Houses in Nerang have seen a 99.80% increase in median value, while Units have seen a 102.63% increase. As at 31 October 2024:
- The median value for Houses in Nerang is $913,136 while the median value for Units is $635,709.
- Houses have a median rent of $750 while Units have a median rent of $590.
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