Nerang, QLD 4211

Nerang, QLD 4211

Compare Part of Gold Coast

66.54 km
Distance from CBD
40 k
Population

Auction Times

Wed 20 Nov
Auction Time Agency
2 Lily Crescent
3 3 2 House
6:00 PM
Wed 20th Nov
LJ Hooker
Median Sale Price
House
$465K
Updated on Sep 2019
2 BR
$488K
3 BR
$435K
4 BR
$507K
Unit
$326K
Updated on Sep 2019
1 BR
-
2 BR
$268K
3 BR
$336K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$379,000
0.0% $282,000 $838,000 248
2010
$390,000
+2.8% $116,194 $955,000 162
2011
$360,000
-8.3% $184,000 $1,180,000 180
2012
$340,000
-5.9% $128,000 $1,230,000 236
2013
$350,000
+2.9% $150,000 $1,200,000 284
2014
$388,500
+9.9% $180,000 $2,050,000 268
2015
$409,500
+5.1% $220,000 $1,300,000 268
2016
$431,000
+5.0% $226,500 $1,275,000 272
2017
$465,000
+7.3% $60,000 $1,670,000 254
2018
$475,000
+2.1% $347,000 $1,350,000 95
2019
$470,000
-1.1% $302,500 $1,118,000 37
Median Sale Price
$470K
Based on 37 recorded sales within the last 12 months
Updated on 20 Nov 2019
Suburb Growth
-1.1%
Current Median Price: $470,000
Previous Median Price: $475,000
Based on 160 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2019)
Price Range Segments (12 months ending Oct 2019)
Median Weekly Rent Price
House
$450
Updated on Oct 2019
2 BR
$350
3 BR
$445
4 BR
$540
Unit
$370
Updated on Oct 2019
1 BR
$268
2 BR
$345
3 BR
$400
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
-
- - - -
2012
$380
0.0% $380 $380 1
2013
$400
+5.0% $215 $900 134
2014
$410
+2.4% $260 $1,650 154
2015
$420
+2.4% $275 $1,750 219
2016
$450
+6.7% $280 $1,800 197
2017
$440
-2.3% $260 $875 200
2018
$450
+2.2% $300 $1,300 171
2019
$460
+2.2% $250 $1,100 133
Median Rent Price
$455
per week
Based on 148 recorded rent within the last 12 months
Updated on 20 Nov 2019
Rent Price Growth
+1.1%
Current Median Rent: $455
Previous Median Rent: $450
Based on 323 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+5%
Current Median Price: $470,000
Current Median rent: $455
Based on 185 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2019)

Auction Results For Nerang

Houses sold in Last 12 months ends 16 Nov 2019

$451K

Median Sale Price

95%

Clearance Rate

52/55

Sold/Reported

$1.12M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M 2
$600 K - $800 K 5
$400 K - $600 K
(Median Price Range)
26
less than $400 K 8

Schools closest to Nerang, QLD 4211

School name Address Type Sector Distance
Emmanuel CollegeTop 10 BIRMINGHAM ROADCarrara 4211 Combined Independent 0 km
Nerang State High School WEEDONS ROADNerang 4211 Secondary Government 1.02 km
Nerang State School NERANG STREETNerang 4211 Primary Government 1.17 km
William Duncan State School ALEXANDER DRIVEHighland Park 4211 Primary Government 1.6 km