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Investment Property Nerang, QLD, 4211

Suburb Snapshot

Nerang is a suburb in the Gold Coast Region of Queensland. Nerang has a population of 16,866 people and 33.29% of its occupants live in rental accommodation. The median listing price for houses is $979,000 and this has changed 10.06% over the past year and changed 30.70% over 2 years.

The median rent in Nerang for houses is $750 per week and the median rental yield is 3.98%. Stock on the market for houses/townhouses has changed -3.88% compared to last year and the average time to sell a house/townhouse is 84 days.The median listing price for units is $592,000 and this has changed 16.53% over the past year. The average unit takes 88 days to sell and the median rent for a unit in Nerang is $590 per week, producing a rental yield of 5.18%.

Supply & Demand in Nerang, Gold Coast

0.62%

Current vacancy rate


48

Rental stock available


16,866

Population


33.29%

Rental population


1.08%

Current vacancy rate


3,118

Rental stock available


555,721

Population


31.09%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Nerang, Gold Coast

  House Townhouses Units
Median listing price $979,000 $629,000 $592,000
Median price change - last quarter 2.67% 4.83% -0.55%
Median price change - 1 year 10.06% 15.41% 16.53%
Median price change - 2 years 30.70% 26.05% 37.99%
  House Townhouses Units
Median weekly rent $750 $650 $590
Median yield % 3.98% 5.37% 5.18%
Median rent change - 1 year 7.14% 8.33% 13.46%
  House Units
Previous month sales 14 4
Stock on market previous month 99 20
Stock variance vs. last year -3.88% 17.65%
Average days on market 84 88

Nerang investment property listings

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