Back 5 Rivergum Drive
Off Market

5 Rivergum Drive

Nerang QLD 4211

3
2
1
0 m²
327 m²
House
Last sold for $655,000
Michael FolkardMichael Folkard, last sold this property on 22 September 2022 after 23 days on market.

Overview

FIRST HOME BUYING AT ITS ABSOLUTE BEST

Very neat and tidy stand-alone home positioned in a quiet cul de sac location just a stone's throw from the Nerang River and Parklands and offering a picturesque bushland outlook at the rear. Representing exceptional value for money for the first home buyers looking to gain entry to the property market this home has been impeccably presented to market and requires no immediate renovations. Please act quickly and ensure your attendance at this weekend's open home to avoid missing out! This Property Also Includes; Three bedrooms with fans and built in storage including air-conditioned ensuited master bedroom Single garage with internal access to the home and plenty of additional uncovered parking space Open plan air-conditioned tiled living space extending out to an impressive covered entertaining area at the rear Refurbished kitchen with dishwasher and loads of cupboard space Garden shed to help store the tools and toys Great low maintenance block of approximately 327m2, securely fenced for the kids and pets Main bathroom featuring a shower and bathtub with separate toilet provided Very attractive weekly rental return potential of approximately $680-$700 for the investors Central cul de sac position just walking distance to St Brigid's Primary School, Little Scholars School of Early Learning and the local convenience store. Access to the M1 and Nerang Train Station provided within minutes for those needing to commute for work. Please contact Michael Folkard from LJ Hooker Gold Coast today to register your interest!

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
0 m² floor area
327 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 5 Rivergum Drive 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 5 Rivergum Drive

2022
Sold
$655,000
22 Sep 2022 by Michael Folkard, of LJ Hooker Nerang
2020
Sold
$430,000
Private Sale/Treaty on 08 Mar 2020 by Karyn O'Dea, of Ray White Robina
2019
Sold
$415,000
Private Sale/Treaty on 15 Jan 2019 by John Tetlow, of Canungra Valley Real Estate

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 5 Rivergum Drive, have been sold.

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

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