Why we bought in Gold Coast’s most underrated suburb

Laura Langford and David Thompson say Nerang is one of the Gold Coast’s most underrated suburbs. Picture: Glenn Hampson
Laura Langford and David Thompson’s leap from a rented duplex to owning a spacious four-bedroom house with a pool and guest cottage not only enhanced their lifestyle, but was accomplished without financial strain.
The couple escaped the rental grind by purchasing in Nerang, which they describe as “one of the most underrated suburbs of the Gold Coast”.
They were paying $1050 a week to rent a three-bedroom duplex in Surfers Paradise before buying their new home set among tropical gardens on a 1,013 sqm block for $958,000 in May.
The couple says Nerang is one of the most underrated suburbs on the Gold Coast. Picture: Glenn Hampson
“We were looking in Ashmore and Carrara, but we saw that in Nerang you could get 30 per cent more house for 30 per cent less price. It meant we could buy something and not inhibit our lifestyle while still only being 5 minutes away, rather than if we had extended ourselves financially,” Ms Langford said.
It was the first home they bought together, although Ms Langford had previously owned two houses, and Mr Thompson three.
“It got us out of the rental market and it was just good value. Our mortgage is on par, maybe a bit less, than what we were paying and our rent was going up,” Ms Langford said.
The five-bedroom home has a pool and guest cottage
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As a real estate agent, Ms Langford was well aware of the stigma attached to Nerang, while financial adviser Mr Thompson had originally intended on staying on the southern Gold Coast where he grew up.
“Friends were like, ‘oh Nerang — that’s interesting’, and I think it’s a sad misconception because there are beautiful houses out here on big acreage blocks,” she said.
“I’ve always thought Nerang has potential. It’s very central, it has the train line, the motorway, it has its own commercial hub, a cinema and farmers market.”
They bought the house at auction in May
The home is set amid tropical gardens on a quarter-acre block
Geographically, the area provided easy access to work in Southport and Surfers Paradise and school in Mudgeeraba — David has three children from a previous relationship, while as keen cyclists they have made frequent use of extensive trails through Nerang State Forest, along with the local velodrome and crit track.
They are documenting their discoveries through a social media channel, called All Roads Lead to Nerang.
“All Roads Lead to Nerang comes from the saying, ‘all roads lead to Rome’, which has a proverbial meaning, that everything in life leads to where it should be,” Ms Langford said.
“The literal meaning is when Roman roads were built they all led straight to the capital — the Nerang purchase has the same proverbial and literal meaning for David and I.”
She mentioned major arterial routes across the Gold Coast, such as Southport-Nerang Rd and Beaudesert-Nerang Rd.
PropTrack data shows the median house price in Nerang is $769,000, up 2.5 per cent from last year.
The couple is documenting their discoveries via a social media channel
* Just Ride bike shop
* Cadence Cafe
* Little Kiwi Bakehouse
* Chanoyu Japanese matcha cafe
* The Beechmont Hotel
* Nerang National Park mountain bike and running trails
* Nerang Farmers Market
* Country Paradise Parklands

The post Why we bought in Gold Coast’s most underrated suburb appeared first on realestate.com.au.

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