Nerang, located in the heart of the Gold Coast hinterland in Queensland, is an area that has seen consistent growth and transformation within its housing market. Known for its blend of suburban living with serene natural surroundings, Nerang offers a diverse array of residential options from family homes set in leafy neighborhoods to more modern apartments and townhouses. Over the past few years, the housing market in Nerang has been buoyed by a combination of factors, including increased demand for properties in suburban regions close to major urban centers like the Gold Coast. This increased demand has led to a gradual rise in property values, making it an attractive destination for both investors and families looking to settle in a quieter but well-connected area. The suburb's strategic location, offering easy access to major highways and public transport, heightens its appeal, as residents can enjoy a peaceful lifestyle while still being conveniently connected to bustling city amenities.
Living in Nerang provides a unique mix of tranquility and convenience, a characteristic that has drawn a diverse range of residents. The suburb is known for its family-friendly atmosphere, with numerous parks, recreational facilities, and schools, making it ideal for those looking to raise a family. The local community is vibrant and welcoming, often hosting events and markets that strengthen neighborhood ties and provide an opportunity for locals to engage. Additionally, Nerang boasts access to the stunning natural landscapes of the Gold Coast hinterland, offering opportunities for outdoor activities such as hiking, biking, and exploring national parks. This connection to nature, combined with a robust infrastructure that includes shopping centers, dining options, and medical facilities, ensures that residents enjoy a balanced lifestyle. With its charming suburban feel and strategic location, Nerang continues to be a desirable area for those looking to enjoy the best of both worlds—natural beauty with urban conveniences.
Median Weekly Rent | $415.34 |
Median Monthly Mortgage | $1730.55 |
Median Persons Per bed houseroom | 0.80 |
Average Household Size | 2.69 |
Average Age | 42.41 |
Average Income | $731.24 |
Average Cars Per Dwelling | 2.00 |
Average Properties Within 50M | 30 |
Typical 1 bed house | $905,000 |
Typical 2 bed house | $497,000 |
Typical 3 bed house | $749,000 |
Typical 4 bed house | $998,000 |
Typical 5 bed house | $1,436,000 |
Typical 6 bed+ house | $1,662,000 |
Housing Stock
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Thinking about buying in Nerang? Now could not be a better time, with 11010 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $782,000 with prices in this suburb ranging from $61,000 to $6,413,000. Nerang is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Nerang is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Nerang provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Nerang requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Instant Property ValuationNerang State High School
St Brigid's Catholic Primary School
Nerang State School
Silkwood School
William Duncan State School
Park Lake State School
Pacific Pines State High School
Trinity Lutheran College
Worongary State School
Pacific Pines State School
(While the above schools are located with the suburb of Nerang there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Nov | 1.4 | 19.2 | 27.4 | 54.3 | 89.0 | 5.4 | 27.5 |
Dec | 5.6 | 20.9 | 28.4 | 60.5 | 91.9 | 5.5 | 25.3 |
Jan | 5 | 22.0 | 29.2 | 61.1 | 90.6 | 6.1 | 24.6 |
Feb | 8.3 | 21.7 | 29.0 | 63.2 | 90.9 | 6.3 | 21.9 |
Mar | 7.5 | 21.0 | 28.2 | 61.2 | 90.6 | 6.2 | 18.2 |
Apr | 4.3 | 18.2 | 26.4 | 56.5 | 90.6 | 5.5 | 16.7 |
May | 2.1 | 15.0 | 23.5 | 53.8 | 87.4 | 4.7 | 13.8 |
Jun | 2.7 | 12.9 | 21.5 | 52.1 | 87.8 | 4.7 | 11.9 |
Jul | 2.2 | 12.1 | 21.3 | 48.5 | 88.0 | 4.7 | 13.2 |
Aug | 0.5 | 12.2 | 22.9 | 40.2 | 86.1 | 4.4 | 16.4 |
Sept | 0.9 | 14.8 | 24.6 | 45.3 | 85.5 | 5.0 | 21.1 |
Oct | 1.8 | 17.1 | 25.7 | 56.7 | 92.2 | 5.9 | 22.4 |
source: Australian Government Bureau of Meteorology
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