OFF MARKET

5 Rivergum Drive
Nerang QLD 4211

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 327m2
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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.

Building Type
House
Year Built
1999
Floor Size
94m2
Land Size
327m2
Local Government
Gold Coast City
Lot/Plan
64/RP884663

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;

Three bedrooms with fans and built in storage including air-conditioned ensuited master bedroom
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

A timeline of how this property has performed in the market
Last Sold
$655,000
09 Sep 2022
Listed for Rent
$380/w
03 Sep 2014
  • 09 Sep 2022
    Sold for $655,000
  • 30 Aug 2022
    Listed for Sale Offers Over $620,000
  • 29 Feb 2020
    Sold for $430,000
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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.
There are currently 63 properties listed for sale, and 31 properties listed for rent in Nerang on OnTheHouse. According to CoreLogic's data, 327 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.