OFF MARKET

8/49 Nerang Street
Nerang QLD 4211

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 180m2
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Property Details for 8/49 Nerang St, Nerang

8/49 Nerang St, Nerang is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 180m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1981
Floor Size
87m2
Land Size
180m2
Local Government
Gold Coast City
Lot/Plan
8/BUP4428

Last Listing description (January 2022)

Federation style walk up apartment with dual zoning for residential and commercial use. A fabulous investment opportunity with a long-term tenant in place currently paying $325 per week until June 2022. Situated in the heart of the Nerang retail precinct adjacent to the Nerang River overlooking parklands this is a rare opportunity not to be missed!This Property Also Includes;Low body corporate of approximately $34 per week including building insurance Pet friendly complex subject to body corporate approval Tenanted until June 2022 with fantastic tenant currently paying $325 per weekLight and bright open plan living scheme, air-conditioned for added comfort2.5 bedrooms and one main bathroom with separate toilet and laundryCute country style kitchen with dishwasher overlooking the Nerang Parklands Quality timber flooring installed throughout Private Juliet Balcony off the second bedroomSingle allocated car space at the rear of the complexCentrally located just short stroll to local shops, schools, cafes and public transport facilities. Extremely quick access provided to the Nerang Train Station and the M1. Please contact Michael Folkard from LJ Hooker Gold Coast to confirm your viewing appointment!Disclaimer: Everyone who visits our Open Homes will need to check-in. Along with the Check In QLD app, our agents will check you in to our database as per our office policy.

Property History for 8/49 Nerang St, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$370,000
17 Nov 2021
Listed for Rent
$290/w
15 Dec 2015
  • 17 Nov 2021
    Sold for $370,000
  • 09 Nov 2021
    Listed for Sale Offers Over $300,000
  • 06 Nov 2015
    Listed for Rent $290 / 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.

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.