1/49 Rivergum Drive, Nerang, QLD 4211 sold on 24 June 2025 | OnTheHouse
SOLD
Sold on 24 Jun 2025 for $700,575

1/49 Rivergum Drive
Nerang QLD 4211

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 1/49 Rivergum Dr, Nerang

1/49 Rivergum Dr, Nerang is a 3 bedroom, 1 bathroom DuplexSemi-detached with 1 parking spaces and was built in 1994. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 3 bedroom DuplexSemi-detached sold in Nerang in the last 12 months.

Building Type
DuplexSemi-detached
Year Built
1994

Last Listing description (June 2025)

If you can't make the Open House, One-On-One Inspections are available at a time to best suit you and your schedule.

Located in a quiet, family-friendly street, this solid three-bedroom duplex offers immediate rental income with strong potential for future capital growth. Perfect for investors or renovators, it presents a rare opportunity to unlock value through smart updates over time.

Inside, the home features a practical, low-maintenance layout with tiled flooring in the living areas and timber floors in all three bedrooms. Each bedroom is equipped with ceiling fans, and the main living space is serviced by a split-system air conditioner to ensure year-round comfort.

The kitchen is in original condition, complete with an electric oven, four-burner cooktop, range hood, double sink, and laminate benchtops — a blank canvas for modern renovation. The original bathroom includes a convenient Jack-and-Jill design and a built-in bath, catering well to families.

Key Features:
· Three bedrooms with timber floors and fans
· Tiled floors throughout the living and kitchen area with a split-system air conditioner
· Original kitchen with electric cooking and double sink
· Jack-and-Jill bathroom with bath
· Single lock-up garage with internal laundry
· Electric hot water system
· Generous fully fenced yard with secure Colorbond and timber fencing
· Side access
· Brick and Tiled roof
· Tenants in place
· Good rental return

With tenants already in place and plenty of scope to enhance both liveability and value, this is a smart entry-level investment for those looking to add a solid, income-generating asset to their portfolio and capitalise on future growth.

We welcome you to schedule a personalised inspection of this property at your convenience. Simply give us a call to arrange your private viewing.

*Floor Plan available on request

From all of us at Johnson Real Estate, we extend our best wishes for your success in finding your perfect home. We look forward to hearing from you soon!

Property History for 1/49 Rivergum Dr, Nerang, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$700,575
24 Jun 2025
    No history found for this property.
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About Nerang 4211

The size of Nerang is approximately 35.9 square kilometres. It has 49 parks covering nearly 53.6% of total area. The population of Nerang in 2016 was 16864 people. By 2021 the population was 17048 showing a population growth of 1.1% in the area during that time. The predominant age group in Nerang is 30-39 years. Households in Nerang are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nerang work in a trades occupation.In 2021, 62.30% of the homes in Nerang were owner-occupied compared with 58.00% in 2016.

Nerang has 7,616 properties. Over the last 5 years, Houses in Nerang have seen a 102.51% increase in median value, while Units have seen a 112.92% increase. As at 30 November 2025:

  • The median value for Houses in Nerang is $1,051,071 while the median value for Units is $747,411.
  • Houses have a median rent of $765 while Units have a median rent of $700.
There are currently 59 properties listed for sale, and 24 properties listed for rent in Nerang on OnTheHouse. According to Cotality's data, 372 properties were sold in the past 12 months in Nerang.

Suburb Insights for Nerang 4211

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Jre Northern Gc
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Johnson Real Estate - Redland City
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.