Investment property in Nerang has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.38%
While Nerang,4211 ranked number 161th in QLD for increase in median house value (annualised) increase, it is ranked 162th over the last 5 years.
Nerang, 4211 is offering QLD ‘s 614th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.
At number 568 in a list of fastest selling suburbs, Nerang is in the TOP 20% of suburbs in Australia with an average of days on market 44.62 for properties listed there.
Property investors should expect to get $430 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Nerang, 4211 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 8.33%.
The five-year average increase in median property values for Nerang,4211 has given property investors a potential capital gain of 18.18% across each of those five years.
At number 259th of QLD’s most discounted properties, Nerang is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $4380 per annum or $365 every week.