Nerang Property Market Data 2020
Many travellers use the entry to Nerang as the benchmark that they have arrived at the Gold Coast. Indeed, it’s like a golden gateway with the beaches to the east and the hinterland to the west.
Punctuated by the beautiful Nerang River, this suburb has come a long way since its waterway was named “little” by its original Indigenous inhabitants. The river itself is a popular place for picnics, boating and fishing with a platform at Arthur Earle Park allowing easy access to catch the bream, flathead, whiting and trevally which inhabit these waters.
Despite being inland, water seems to be the theme of Nerang, which is also home to Hinze Dam and its recreational facilities with its state-of-the-art interpretative centre; lakeside parks; walking, bike and horse trails; and barbecue areas. A historic river mill built in 1910, with a café along the banks of the river, is also a highlight of a visit here.
The river may be little, but Nerang’s heart is big.
(Information from www.destinationgoldcoast.com 2nd March, 2020)
Market Statistics in Nerang
The level of competition in a suburb can affect prices and availability
Supply and Demand – High demand market
- 590 – Visits per property in Nerang (average)
- 426 – Visits per property in Queensland (average)
Median House Prices
- Buy – $469,000 (Price data last updated 27th February, 2020)
- Rent – $455 PW (Rent data last updated 4th March, 2020)
Median Unit Prices
- Buy – $320,000 (Price data last updated 27th February, 2020)
- Rent – $375 PW (Rent data last updated 4th March, 2020)
Lifestyles and People of Nerang
The lifestyle of a suburb is often influenced by who lives there.
- 15.5% Older Couples & Families
- 15.1% Established Couples & Families
- 12.9% Maturing & Established Independence
- 12.0% Maturing Couples & Families
- 11.7% Elderly Singles
- 10.5% Independent Youth
- 8.6% Older Independence
- 6.1% Elderly Couples
- 4.0% Elderly Families
- 3.6% Young Families
(Information from realestate.com.au 6th March, 2020)
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