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Nerang, QLD 4211

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Nerang, QLD 4211 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

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Yield 

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5BR

Buy 

1BR

2BR

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Rent 

1BR

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Yield 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Nerang, QLD 4211”

  1. The total adult population (15 years or older) of Nerang 4211 QLD is 14,116, with a median age of 40. Of those, 39.90% are married, 16.33% are divorced or separated, 37.69% are single and 6.04% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $7,212. The median monthly mortgage repayment for households in this suburb is $1,733 which is 24.03% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in Queensland, the suburb of Nerang 4211 is home to an estimated 7,749 households. As we move into the third quarter of 2023, the typical house in this area is priced at $946,622. The median weekly rent for these houses stands at $690; this equates to an indicative yield of 3.8%, making the area attractive to cashflow-based property investors.

    Nerang 4211 has an IRSAD score of 943 out of a possible 1217, indicating that the area has a respectable socio-economic status. From a rental perspective, the ratio of renters to owners in the suburb is 31% – slightly above the most favourable benchmark, yet not reaching the questionable investments mark. This indicates a balanced market with an appeal for both buyers and potential tenants.

    When it comes to understanding the dynamics of the local market, it’s important to note that the ratio of units to houses is 9%. This represents a lower proportion of units and higher proportion of houses, making this residential mix appealing to families seeking longer tenancy periods.

    On the affordability index, the estimated duration to fully own a house in Nerang 4211 is 51 years – making this a less affordable area. This shouldn’t deter investors entirely, but rather, emphasise the importance of a strategic long term plan when investing here.

    On to supply metrics – the stock on the market percentage for houses sits at 0.47%, which is a neutral range indicating balanced supply. Next, the inventory levels gauge a low supply market with a favourable 1.34 months, meaning properties are frequently being sold and not languishing on the market. The building approvals ratio additionally stands at 0.51%, showcasing a moderate level of supply of new housing stock.

    Analysing market demand, properties on average stay on the market for 41 days, slightly longer than the generally desirable range. This suggests a moderately high demand. The vacancy rate for both houses and units in Nerang 4211 provides a compelling picture, with a remarkable low 0.79%. This means rental properties are highly sought after, indicating high demand and rental competition. Finishing off with the Buy Search Index, it is slightly above the average at 4 – suggesting a fairly stable demand from potential buyers.

    Despite some markers such as affordability and renter to owner ratio being less than ideal, Nerang 4211 has a number of favourable indicators such as its yield, units to houses ratio, inventory level, and particularly low vacancy rate. As with all property investments, it’s important to consider the complete picture these metrics provide, and for this area, it certainly does hold potential.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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