OFF MARKET

5 Riverview Road
Nerang QLD 4211

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Floor area: 127m2
Land area: 549m2
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Property Details for 5 Riverview Rd, Nerang

5 Riverview Rd, Nerang is a 4 bedroom, 3 bathroom House and was built in 1987. The property has a land size of 549m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in September 2010.

Building Type
House
Year Built
1987
Floor Size
127m2
Land Size
549m2
Local Government
Gold Coast City
Lot/Plan
91/RP96050

Last Listing description (September 2010)

DUAL LIVING POTENTIAL - UNBEATBALE RETURNS!!
If you're looking for a buy with the potential for excellent rental return, this is the property for you.
Situated close to Nerang Train Station, the M1, shops and schools, the position is unbeatable and sure to attract astute investors. The canvas is blank, so add your renovating skills to complete the update to make this home perfect for a large extended family or tenants. Featuring:

Upstairs:
*3 bedrooms, master with WIR
*1 bathroom, separate toilet
*Open plan dining and living
*Large kitchen
Down stairs:
Totally built in and has to be seen to be believed with great potential for dual living and more, with little expenditure.
*2 bedrooms, 2 bathrooms
*2 kitchenettes
*Outside is fenced with 4 garden sheds, portable spa
*1.5 lock up garages with remote doors, side access
The owners of this home are requiring a quick sale so don't waste a minute in arranging your appointment.
The Sustainability Declaration for this property can be obtained by contacting the Agent.

Property History for 5 Riverview Rd, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$410,000
28 Sep 2010
  • 28 Sep 2010
    Sold for $410,000
  • 20 Feb 2010
    Listed for Sale OFFERS OVER $499,000
  • 09 May 2007
    Transferred for $250,000
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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 7,600 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.

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.