SOLD
Sold on 28 Oct 2024 for $575,000

9/125 Pappas Way
Nerang QLD 4211

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 9/125 Pappas Way, Nerang

9/125 Pappas Way, Nerang is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1993. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Townhouse sold in Nerang in the last 12 months.

Building Type
Townhouse
Year Built
1993
Local Government
Gold Coast City
Lot/Plan
9/GTP3077

Last Listing description (June 2018)

Great 2 bedroom Townhouse ~ Central Location ~ Pet Friendly Complex ~ Ideal First Home Buyers or Investor

Introducing this low maintenance, secure neat and tidy 2 bedroom townhouse in a very convenient central Gold Coast location only minutes to the M1, Close to Train Station, Carrara Metricon Stadium, schools, and walking distance to local shops, doctor, chemist and parks.
Don't miss this perfect investment opportunity or first home with a fantastic tenant in place, great rental return, central location in a well maintained pet friendly complex with an onsite manager. Low Body Corp Fees.
~ Tenants currently paying $295 per week

~ Low maintenance living
~ Low Body Corp Fees
~ Carpets throughout and Bedrooms
~ Separate Kitchen and Separate Laundry
~ Open plan dining/lounge
~ 2 good sized bedrooms
~ Main Bedroom with Double Mirrored Wardrobe
~ Second Bedroom with Single Wardrobe
~ Bathroom with shower over bath
~ Separate toilet downstairs
~ Separate laundry
~ Linen Cupboard
~ Understairs storage
~ Fully fenced private rear yard
~ Single Carport plus another car space
~ Additional visitor parking
~ Walk to local shops and parks
~ Close to Nerang train station and M1
~ Pet friendly upon approval
~ Inground Pool
~ BBQ Area
~ Security Screen Doors

Property History for 9/125 Pappas Way, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$575,000
28 Oct 2024
  • 30 Apr 2018
    Sold - Price Undisclosed
  • 04 Jan 2018
    Listed for Sale $265,000 Neg!

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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.