Suburb Profile
Nerang - FREE SUBURB PROFILE REPORT POSTAL CODE: QLD,4211
Based on its average 5-year and quarterly capital gains NERANG, 4211 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that NERANG, 4211 obtained a 2.45% growth over a ten-year period. It ranks 2811th on our list of suburbs that property investors should look into.
NERANG, 4211 in QLD belongs to the local government area of Gold Coast.
NERANG, 4211 has a capital gain of 8.14% for the past year, which is higher than average compared to its 35.17% growth within a five-year period.
With the median home price in NERANG sitting at $465,000, and the average rent at $430, property owners could potentially earn a 4.81% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in NERANG are low, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $465,000 | $325,500 |
| GROWTH REPORT | ||
| Median Quarterly | 1.09% | 0.15% |
| Median 12 month | 8.14% | 7.78% |
| Median 3 years | 19.54% | 16.67% |
| Median 5 years | 35.17% | 25.68% |
| 10 years average annual | 2.45% | 1.7% |
| Weekly media advert. rent | $430 | $370 |
| Time on Market | 45.2 days | 68.3 days |
| Gross Rental Yield Percent | 4.81% | 5.91% |
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