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Investment Property Merrimac, QLD, 4226

Suburb Snapshot

Merrimac is a suburb in the Gold Coast Region of Queensland. Merrimac has a population of 7,069 people and 41.22% of its occupants live in rental accommodation. The median listing price for houses is $1,000,000 and this has changed 11.23% over the past year and changed 21.28% over 2 years.

The median rent in Merrimac for houses is $810 per week and the median rental yield is 4.21%. Stock on the market for houses/townhouses has changed 41.67% compared to last year and the average time to sell a house/townhouse is 55 days.The median listing price for units is $655,000 and this has changed 13.51% over the past year. The average unit takes 85 days to sell and the median rent for a unit in Merrimac is $650 per week, producing a rental yield of 5.16%.

Supply & Demand in Merrimac, Gold Coast

0.54%

Current vacancy rate


16

Rental stock available


7,069

Population


41.22%

Rental population


1.08%

Current vacancy rate


3,118

Rental stock available


555,721

Population


31.09%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Merrimac, Gold Coast

  House Townhouses Units
Median listing price $1,000,000 $749,000 $655,000
Median price change - last quarter 0.00% 2.71% 6.42%
Median price change - 1 year 11.23% 15.23% 13.51%
Median price change - 2 years 21.28% 25.04% 23.58%
  House Townhouses Units
Median weekly rent $810 $750 $650
Median yield % 4.21% 5.20% 5.16%
Median rent change - 1 year 3.84% 6.38% 8.33%
  House Units
Previous month sales 4 2
Stock on market previous month 17 23
Stock variance vs. last year 41.67% -20.69%
Average days on market 55 85

Merrimac investment property listings

Showing 5 of 82 investment properties found in Merrimac on realestateinvestar.com.au

63 Nicklaus Ct, Merrimac

$1,850,000

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Executive Duplex with Golf Course & Water Views

Positioned within the prestigious gated enclave of Lakelands Golf Course Estate, 63 Nicklaus Court, Merrimac presents an exceptional opportunity to secure a beautifully maintained executive duplex overlooking tranquil water and the rolling fairways of the world-renowned Jack Nicklaus Signature ...

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Townhouse

QLD 4226


19 Terrace Ct, Merrimac

$1,200,000

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Effortless Family Living in a Peaceful Setting

Set on a generous 661sqm block in a peaceful, family-friendly neighbourhood, this well-presented 3-bedroom, 1-bathroom home offers a great balance of space, comfort, and versatility. All three bedrooms are well-sized, complete with built-in wardrobes and an abundance of natural light. The two-way ...

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House

QLD 4226


39/6-10 Bourton Rd, Merrimac

$899,000

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WARM, WELCOMING & PERFECTLY POSITIONED IN MERRIMAC HEIGHTS

Nestled within the highly sought-after "Merrimac Heights" estate, this beautifully maintained townhouse offers warmth, charm and an inviting sense of home from the moment you arrive. Lovingly cared for by the same owners for over 10 years, the property presents in neat original condition with an ...

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Townhouse

QLD 4226


4/17 Entry Dr, Merrimac

$975,000

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SPACIOUS, MODERN TOWNHOUSE - END POSITION - SMALL COMMUNITY - L

**** More photos to come **** Just Listed! Seller Purchased Already - Must Be Sold! Set in a prime end position, this light and airy townhome was originally the sales display for the community, showcasing the best of its contemporary design and thoughtful features. With an elevated outlook through ...

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House

QLD 4226


18 Colonsay Cres, Merrimac

$1,250,000

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Beautiful Bright & Airy Open Plan Living + Entertain In Comfort

Set within the highly sought-after 'Merridown Estate' in Merrimac, this beautifully presented and maintained home delivers a lifestyle centered around convenience, effortless entertaining, privacy, and relaxed indoor-outdoor living on a generous easy care 702m² block. At the heart of the home ...

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House

QLD 4226


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