Property Details for 1/49 Rivergum Dr, Nerang
1/49 Rivergum Dr, Nerang is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1998. While the property is not currently for sale or for rent, it was last sold in June 2025.
Last Listing description (June 2025)
Investor Alert Renovator Opportunity with Tenants in Place
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
Recent sales nearby
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0About Nerang 4211
The size of Nerang is approximately 35.9 square kilometres. There are 49 parks, covering nearly 53.6% of the 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 7,638 properties. Over the last 5 years, Houses in Nerang have seen a 85.68% increase in median value, while Units have seen a 114.31% increase. As at 30 June 2026:
- The median value for Houses in Nerang is $1,144,677 while the median value for Units is $809,940.
- Houses have a median rent of $820 while Units have a median rent of $700.
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