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AusProp
Investment Brief
Generated 10 July 2026

Nerang

Central Gold Coast · QLD 4211

A central hinterland hub at the southern end of the Coomera Connector motorway.

Market snapshot

House
Unit
Median price
$1,100,000
$560,000
Rent / week
$800/wk
$580/wk
Gross yield
3.78% (GC avg 3.2%)
5.39% (GC avg 4.85%)
Growth (1yr)
+13.5%
+10.1%
Auction clearance50%
Days on market37 days
Vacancy rate1.6%
Active listings79

* Sample market figures for layout testing — live Domain data is wired in before launch.

Supply risk

Medium supply risk2 major DAs approved

2 development approvals in the pipeline — monitor vacancy rate as new stock lands.

~700
est. new dwellings

Active infrastructure (1)

Coomera Connector Stage 1 South (Smith Street to Nerang)Transport

The southern package of the Coomera Connector between the Smith Street Motorway and Nerang-Broadbeach Road, with main construction underway from 2025 and a new Nerang River bridge.

Under Construction · Est. 2027Queensland Government ↗

Planning & commercial signals (3)

Nerang Administration Precinct redevelopment project approved★ Major

Gold Coast City Council has endorsed progressing the redevelopment of the Nerang Administration Precinct, a large council-owned site including the former Nerang Administration Centre, Bicentennial Building, and former Town and Country hotel.

Nerang Administration Precinct — Redevelopment Endorsed

Gold Coast City Councillors endorsed progressing the redevelopment of the Nerang Administration Precinct — the former Nerang Administration Centre, the Bicentennial Building and the former Town and Country hotel site — into a mixed-use neighbourhood with housing, community facilities and a planned Hinterland Gateway Community Hub. A market process to find development partners was expected to begin the following month.

My Centre Nerang

<cite index="30-1,30-2">100% freehold shopping centre at 57 Station Street offered via Expressions of Interest closing August 6, 2026</cite>. <cite index="30-3,30-4">9,974sqm GLA anchored by Coles, Liquorland and ALDI, with 38 specialty stores and 469 car parks</cite>. <cite index="33-4">DA-approved staged expansion pathway could grow centre to around 17,400sqm</cite>. <cite index="33-5">Main trade area forecast to grow from 55,577 to 69,827 residents by 2046, with annual retail spending projected to increase from $1.135 billion to $2.76 billion</cite>.

Recently OpenedRetailBiz ↗

Summary

Nerang has 1 active infrastructure project, headlined by Coomera Connector Stage 1 South (Smith Street to Nerang) (under construction). The median house price is around $884k, with auction clearance steady and days on market steady; gross rental yield is about 4.19%.