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This property has been sold for $1,100,000 on 20 Aug 2026
56 days on market
Market context at sale
Property overview
This 3-bedroom house at 53 Riverlea Waters Dr in Nerang, QLD 4211 sold for $1.1M in August 2026, with 2 bathrooms and parking for 4. It offers a 840 m2 block and 175 m2 of internal living space. The house was built in 1985. Nerang is about 65 km from the CBD. Council data records flood and bushfire overlays on the site. 14 schools sit within about 5km, and the area scores 49 for walkability and 15 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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- Planning overlay risk
Listed
Updated
Days on market
56
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Est. Valuation
$1,261,218
Potential Sell Price
Est. Rent/wk
$1,032
Potential Gross Yield
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Key Highlights
Planning Overlays
Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
From the listing description
Facts the agent has stated in the property description. Each item is attributed - click “View source” to see the original wording and verify against the listing.
Listing Details
- Listed
- Last Updated
- Postcode
- 4211
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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