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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 15.17% 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 29.41% compared to last year and the average time to sell a house/townhouse is 76 days.The median listing price for units is $552,000 and this has changed 9.63% over the past year. The average unit takes 68 days to sell and the median rent for a unit in Nerang is $610 per week, producing a rental yield of 5.74%.

Supply & Demand in Nerang, Gold Coast

0.49%

Current vacancy rate


38

Rental stock available


16,866

Population


33.29%

Rental population


1.03%

Current vacancy rate


2,976

Rental stock available


555,721

Population


31.09%

Rental population


0.87%

Current vacancy rate


20,720

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 $552,000
Median price change - last quarter 2.67% 4.83% -0.55%
Median price change - 1 year 15.17% 18.12% 9.63%
Median price change - 2 years 30.70% 26.05% 31.74%
  House Townhouses Units
Median weekly rent $750 $650 $610
Median yield % 3.98% 5.37% 5.74%
Median rent change - 1 year 7.14% 8.33% 17.30%
  House Units
Previous month sales 15 4
Stock on market previous month 88 15
Stock variance vs. last year 29.41% -21.05%
Average days on market 76 68

Nerang investment property listings

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