Suburb Profile Report for Nerang QLD (4211)

Nerang House: Median price $446,000, Annual capital growth 2.71%, Number of sales 240, Weekly median advertised rent $430

Nerang Unit: Median price $315,000, Annual capital growth 2.21%, Number of sales 191, Weekly median advertised rent $360

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.44% which means that Nerang, 4211 has done well for property investors by showing a capital gain of 5.69% over the last year

While Nerang,4211 ranked number 289th in QLD for increase in median house value (annualised) increase, it is ranked 201th over the last 5 years.

Property buyers and investors in Nerang 4211 should be seeing an average reduction in asking price of around -4.48% . This means that Nerang is holding prices well when compared to other suburbs in QLD.

Property investors should expect to get $430 weekly from the median priced house in this suburb.

Giving property investors a an average capital gain of 4.13% for the last year, Nerang, 4211 is the 815th highest performer in Australia in this respect.

The five-year average increase in median property values for Nerang,4211 has given property investors a potential capital gain of 12.50% across each of those five years.

Property buyers and investors in Nerang 4211 should be seeing an average reduction in asking price of around -4.75% . This means that Nerang is holding prices well when compared to other suburbs in QLD.

Property investors should expect to get $360 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$446,000 $315,000
1.36% 2.23%
5.69% 4.13%
2.71% 2.21%
$430 $360
240 191
5.01% 5.94%
46.79 78.45

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 16256
Median household income ($/weekly) 1007
Median age of persons 38
Median housing loan repayment ($/monthly) 1850
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 2176 13.4
    25-34 years 2100 12.9
    35-44 years 2313 14.2
    45-54 years 2155 13.3
    55-64 years 1832 11.3
    Others 5680 34.9
    Age Group
    Census Count Percent(%)
    Not Married 5238 44.9
    Registered Married 5090 43.6
    Defacto Relationship 1347 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 11187 73.3
    Papua New Guinea 1588 10.4
    Philippines 125 0.8
    United Kingdom 972 6.4
    Other 484 3.2
    Others 912 6.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 209 1.4
    Christianity 10446 71.5
    Islam 76 0.5
    Other Religious Groups 95 0.6
    No Religion 3721 25.5
    Others 71 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 652 12.2
    $600-$799 572 10.7
    $800-$999 583 10.9
    $1,000-$1,249 520 9.8
    $1,500-$1,999 701 13.1
    Others 2304 43.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4348 35.9
    Employed, worked full-time 4200 34.6
    Employed, worked part-time 2482 20.5
    Unemployed, looking for work 686 5.7
    Employed, away from work 411 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 939 13.2
    Technicians & trades workers 1236 17.4
    Clerical & administrative workers 1016 14.3
    Sales 883 12.5
    Labourers 982 13.8
    Others 2035 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 204 6.0
    Infants/Primary 1438 42.4
    Secondary 961 28.3
    Technical or Further Educational Institution 297 8.8
    University or other Tertiary Institutions 380 11.2
    Others 112 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 11172 73.9
    Semi-detached, row or terrace house, townhouse 3463 22.9
    Flat, unit or apartment 290 1.9
    Caravan, cabin, houseboat 189 1.2
    House or flat attached to a shop, office 7 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2208 38.3
    Rented 1991 34.5
    Fully owned 1361 23.6
    Other tenure type 208 3.6
    Tenure Type
Census 2011, ABS
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