9/49 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 306m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in October 2015.
Tastefully refurbished two bedroom unit offering exceptional street frontage and overlooking the Nerang River and parklands. Ideally located in the hub of the Nerang central business district and providing dual zoning for residential and commercial usage. Offering investors a rental return potential of approximately $300 per week, please be quick to arrange your inspection before you miss out!
This Property Also Includes:
Three new air conditioners provided in each room for comfort all year round
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:
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