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VIP Market Report Jan 2020 - Nerang

Page 1

Suburb Repor t Nerang QLD 4211


Nerang QLD 4211

The size of Nerang is approximately 35.9 square kilometres. It has 110 parks covering nearly 51.7% 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.

House

Current Median

$455,000 Unit

Current Median

$310,000 # Listings last month

105


Recent Activit y Total sales last 12 months

297

Why is recent activity important to me? Recent sales activity provides insight into the current market condition. Many more sales than listings may indicate an undersupplied market, while conversely, more listings could indicate an over-supplied market with buyers in the driving seat.


Recent Sales HOUSE 2 BED 1 BATH 1 CAR 29/2-10 WEEDONS ROAD NERANG QLD 4211

$295,000

HOUSE

02/01/20

3 BED 1 BATH 1 CAR 44 EUREKA CRESCENT NERANG QLD 4211

$492,500 21/12/19

HOUSE 4 BED 2 BATH 2 CAR 9 WEBER COURT NERANG QLD 4211

$594,000 19/12/19

UNIT 2 BED 2 BATH 2 CAR 52/1 BOULTON DRIVE NERANG QLD 4211

$330,000

HOUSE

18/12/19

6 BED 3 BATH 2 CAR

3 BED 2 BATH 2 CAR

66 BIRDLIFE COURT NERANG QLD 4211

28/9 RATA PLACE NERANG QLD 4211

$910,000 19/12/19

UNIT

$325,000 17/12/19


UNIT 2 BED 2 BATH 1 CAR

HOUSE 3 BED 2 BATH 2 CAR

36/1 BOULTON DRIVE NERANG QLD 4211

$305,000

6/78 NERANG CONNECTION ROAD NERANG QLD 4211

16/12/19

$320,000 16/12/19

HOUSE 5 BED 4 BATH 5 CAR 14 LUTANA STREET NERANG QLD 4211

$880,000 16/12/19

HOUSE 3 BED 1 BATH 1 CAR 4 SANDALWOOD TERRACE NERANG QLD 4211 HOUSE 3 BED 2 BATH 1 CAR 1/57 RIVERPARK DRIVE NERANG QLD 4211

$435,000 11/12/19

HOUSE 3 BED 1 BATH 1 CAR 10 WEST STREET NERANG QLD 4211

$255,000 06/12/19

$405,000 06/12/19


Recent Listings UNIT 3 BED 2 BATH 3 CAR 32 RIVERVIEW ROAD NERANG QLD 4211

PRICE DROPPED

HOUSE 5 BED 4 BATH 8 CAR 7 RUSA COURT NERANG QLD 4211 HOUSE

+$999,000

3 BED 1 BATH 1 CAR 22 RAILWAY PARADE NERANG QLD 4211

CONTACT AGENT

HOUSE 3 BED 2 BATH 1 CAR 1/6 RIMU PLACE NERANG QLD 4211

OFFERS OVER $365,000

HOUSE

HOUSE

4 BED 2 BATH 2 CAR

3 BED 2 BATH 2 CAR

8 RIVERLEA WATERS

63 RIVERLEA WATERS DRIVE NERANG QLD 4211

DRIVE NERANG QLD 4211

AUCTION

ALL OFFERS CONSIDERED


Rental Statistics

Median Rental Price

Rental Yield

Number of Rentals

$460 /w

5.68%

208

Median Weekly Rent Trends


LJ HOOKER NERANG 07 5581 4422 nerang@ljh.com.au 2-4 New Street Nerang

Prepared on 7 Jan 2020 by LJ Hooker Nerang Sales results and median prices are based on the latest statistical period available (1 Oct - 30 Sep 2019). Š 2019 Copyright RP Data Pty Limited, Local, State, Commonwealth Govt. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials at this site is permitted. The information provided is deemed reliable but not guaranteed. Š The State of Queensland (Department of Environment and Resource Management) 2012. Based on data provided with the permission of the Department of Natural Resources and Mines: [QVAS 2012)]. The Department of Environment and Resource Management makes no representations or warranties about accuracy, reliability, completeness or suitability of the data for any particular purpose and disclaims all responsibility and all liability (including without limitation, liability in negligence) for all expenses, losses and damages (including indirect or consequential damage) and costs which might be incurred as a result of the data being inaccurate or incomplete in any way and for any reason.


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