Back 48 Kelsey Circuit
Off Market

48 Kelsey Circuit

Nerang QLD 4211

5
2
2
753 m²
House
Jeff D'AntoineJeff D'Antoine, last sold this property on 23 June 2022 after 42 days on market.

Overview

Rare Rough Diamond ready to renovate, smack in the middle of the Gold Coast.

With increases in new builds, rising inflation and longer wait times, opportunity exists to improve this raw and un-staged property. Nestled amongst an enclave of stunning homes in Alexander Ridge Estate, Nerang. Property Highlights: • 2005 Built, 317m2, Brick and Tile house • 2 Storeys High • Dual Lounge rooms or 5th bedroom • 4 Double Bedrooms with Built-Ins • Master on suite with walk-in robe • Spacious Double Garage • Generous 753m2 Lot • High Elevation • Opportunity to transform 3rd Bathroom and 6th Bedroom for lucrative yield. Nerang boasts excellent investment fundamentals with low supply, good ownership occupier demand, excellent rental yields and low vacancy rates. It has great access to infrastructure and is gentrifying as new families move into the area, attracted by convenience, amenity and price. A golden gateway with beaches to the east and hinterland to the west, punctuated by the beautiful Nerang River (popular for picnics, boating and fishing). As the crow fly's (distances from estate) : • 8km Gold Coast Hospital • 8km Griffith University Gold Coast Campus • 11km Gold Coast Beaches • 6km Hinze Dam (310,000 ML) Advance town Scenic Lake Walking trails, electric boating, fishing, biking, horse riding • 17km Tamborine Mountain • 3km Pacific Motorways • 3km Nerang Train station • 1.8 km Woolworths, Coles, Bunnings, Chemist Warehouse, Shopping centres, plus diverse array of consumer supply, services and recreation • 1klm Schools and early learning centres • 2.5km Nerang National Park & Forest Reserves • 3.6km Equestrian centre, advanced equine vets, pet resort, cattery, dog obedience training park. • 2km Golf club and 6km Golf country club • 2.8km Health clubs • 2.6 Velodrome Open Home inspections ; • Saturday May 28 at 10:00am-12:30pm Disclaimer: in the preparation of this information, we have used our best endeavours to ensure that the information contained herein is true and accurate and accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective buyers should make their enquiries to verify any information contained within. Disclaimer. COVID-19 DISCLAIMER: All representatives of our agency will conduct open homes and private inspections as per the social distancing rules under Government guidelines.

Features

5 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
753 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Nerang over the last 12 months, the estimated median property value of 48 Kelsey Circuit is $1.4m.

Median value
$1.4m
Estimated value range
$939.4k - $2.61m
Median days on market
37
Estimated value trend
9%
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 48 Kelsey Circuit

2022
Sold
Undisclosed
23 Jun 2022 by Jeff D'Antoine, of Ray White Springwood
2015
Sold
$535,000
24 Feb 2015 by Helen Thomas, of LJ Hooker Nerang

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 5 bedroom houses in Nerang

In the last 12 months, 27 five-bedroom houses similar to 48 Kelsey Circuit, have been sold.

This represents a 50% decrease in five-bedroom houses sales when compared to the previous 12 months.

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