2/5 Kowhai Pl, Nerang is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 111m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in October 2015.
Situated in a quiet cul de sac close to schools, shopping centres and with easy access to the M1 is this three bedroom duplex. Whether you are a first home buyer or on the hunt for an investment property, this property is sure to impress you. Featuring three large bedrooms including the downstairs master with ensuite, large kitchen with plenty of cupboard space and stainless steel appliances including dishwasher, separate lounge/dining areas, air conditioning to dining room, covered outdoor entertaining area, single lock up garage, corner block with large fully fenced yard just to name a few.
The property is currently tenanted on a periodic agreement at $365 per week with the potential to achieve up to $380 per week, that s a 5.35% yeild. What s better is there are no body corporate fees! We welcome you to inspect the property and if you like it, put in an offer, the owners are realistic and ready to sell!
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 7,619 properties. Over the last 5 years, Houses in Nerang have seen a 91.21% increase in median value, while Units have seen a 116.28% increase. As at 31 May 2026:
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