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Back 20 Railway Parade
Off Market

20 Railway Parade

Nerang QLD 4211

3
1
6
171 m²
506 m²
House
Last sold for $781,000
Daniel KnappDaniel Knapp, last sold this property on 20 October 2024 after 32 days on market.

Overview

OPPORTUNITY KNOCKS - OPTIONS ABOUND

Welcome to a fantastic opportunity for astute buyers and investors at 20 Railway Parade, Nerang. This property promises exceptional development potential and a solid investment for the future. Whether you're a first-time homebuyer or a seasoned investor, this is your gateway to bigger possibilities and future proofing your real estate goals. Property Highlights: Modern Interiors - Newly renovated bathroom and kitchen with brand-new appliances and cabinetry, making the home feel like new. Year-Round Comfort - Enjoy the convenience of five split-system air conditioners throughout the bedrooms and living spaces, keeping the home cool in summer and warm in winter. Flexible Living Areas - Two spacious lounge areas, one perfect for a home-based business or a second lounge for family relaxation, complete with stylish new VJ paneling for a fresh, modern aesthetic. Key Features: - Ample parking for up to six vehicles, with room for a trailer, boat, or caravan, or convert this space into an outdoor entertainment area. - Rental appraisal of $750 per week, with the potential to boost income with an auxiliary dwelling, bringing the combined rental income to $1,500 per week. - Zoned RD5 medium density, with a building height allowance of up to 15 meters (with established precedence for higher). - Prime location with immediate M1 access, perfect for north and southbound commutes. - A fantastic option for first-time buyers, small business owners seeking a dual-purpose home and workspace, or savvy investors ready to capitalise on the high-growth Gold Coast market, where vacancy rates are below 1% and rents are on the rise. - Bonus Opportunity: Purchase the neighbouring property at 22 Railway Parade for a combined 1,012m² of RD5-zoned land with holding income. Seize this rare opportunity in the booming Gold Coast market. Contact Dan Knapp today for rental appraisals, town planning reports, and more information. Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Features

3 bedrooms
1 bathroom
6 carspaces
6 open car spaces
171 m² floor area
506 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Nerang over the last 12 months, the estimated median property value of 20 Railway Parade is $978k.

Median value
$978k
Estimated value range
$690k - $1.8m
Median days on market
26
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Nerang. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 20 Railway Parade

2025
Rented
Undisclosed
Leased on 05 Jun 2025 by Ray White Alliance
2025
Rented
Undisclosed
Leased on 04 Jun 2025 by Ray White Alliance
2024
Rented
Undisclosed
Leased on 29 Nov 2024 by Coastal Broadbeach

Happy sellers in Nerang

93%
93% of sellers in Nerang reported that their sale price either exceeded or met their price expectations.

Nerang stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 82 reviews in Nerang over the last 12 months.

Local market activity for 3 bedroom houses in Nerang

In the last 12 months, 111 three-bedroom houses similar to 20 Railway Parade, have been sold.

This represents a 8% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Nerang

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Chris Holmes

Sellers who recommend Chris Holmes have praised them for being clear communication, local expert, honest, friendly, reliable, responsive and supportive

  •   5   (240 reviews)
  •  23 Reviews in Nerang
  •  18 Sales in Nerang
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Andrew Davidson

Sellers who recommend Andrew Davidson have praised them for being clear communication, local expert, friendly, responsive, supportive, honest and reliable

  •   5   (277 reviews)
  •  21 Reviews in Nerang
  •  13 Sales in Nerang
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Julie Cumming

Julie Cumming is a recommended agent for Nerang.  They have 10 local sales and collected 5 local reviews across the last 12 months.

  •   5   (15 reviews)
  •  5 Reviews in Nerang
  •  10 Sales in Nerang
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Candice Jewson

Sellers who recommend Candice Jewson have praised them for being clear communication, local expert, responsive, friendly, great negotiation, reliable and dedicated

  •   5   (30 reviews)
  •  5 Reviews in Nerang
  •  3 Sales in Nerang
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