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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 $857,500 and this has changed 7.18% over the past year and changed 26.56% over 2 years.

The median rent in Merrimac for houses is $750 per week and the median rental yield is 4.54%. Stock on the market for houses/townhouses has changed -23.53% compared to last year and the average time to sell a house/townhouse is 89 days.The median listing price for units is $575,000 and this has changed 4.64% over the past year. The average unit takes 63 days to sell and the median rent for a unit in Merrimac is $650 per week, producing a rental yield of 5.87%.

Supply & Demand in Merrimac, Gold Coast

0.50%

Current vacancy rate


15

Rental stock available


7,069

Population


41.22%

Rental population


1.04%

Current vacancy rate


2,946

Rental stock available


555,721

Population


31.09%

Rental population


1.06%

Current vacancy rate


24,740

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 $857,500 $645,000 $575,000
Median price change - last quarter 0.88% 3.36% 4.54%
Median price change - 1 year 7.18% 7.67% 4.64%
Median price change - 2 years 26.56% 43.33% 27.77%
  House Townhouses Units
Median weekly rent $750 $700 $650
Median yield % 4.54% 5.64% 5.87%
Median rent change - 1 year 4.16% 16.66% 23.80%
  House Units
Previous month sales 0 0
Stock on market previous month 13 22
Stock variance vs. last year -23.53% 4.76%
Average days on market 89 63

Merrimac investment property listings

Showing 5 of 26 investment properties found in Merrimac on realestateinvestar.com.au

7 Crelga Ct, Merrimac

$799,000

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CONTRACT COLLAPSED! DON'T MISS YOUR SECOND OPPORTUNITY TO SECURE

Set in this sought after location, within close proximity to all amenities, this private residence beckons with its captivating charm, instantly whisking you away to a tranquil oasis from the moment you step inside. Behind the beautiful antique timber doors, this charming abode offers a spacious ...

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House

QLD 4226


304/5 Bourton Rd, Merrimac

$119,000

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SECURE & EASY INVESTMENT - JUST SET & FORGET - RETURNS BETTER TH

Welcome to ''Bougainvillea Lodge" a centrally located over 50's pensioner rental accommodation the heart of the Gold Coast! This great little villa is a secure 'no fuss' investment. There is already a great long term tenant in place, and they are fully equipped and well catered for in a peaceful ...

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Townhouse

QLD 4226


5 Bourton Rd, Merrimac

$119,000

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INVESTORS LOOK HERE - GREAT VALUE NEAT SINGLE LEVEL VILLAS - APP

Where can you get any investment property on the Gold Coast for this price? If you are looking for an easy, no fuss property with solid returns - look no further! There are 3 terrific units available to purchase in this community, all with good tenants paying $280 per week - buy one, or do a deal ...

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Townhouse

QLD 4226


221/5 Bourton Rd, Merrimac

$119,000

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NEAT LOW SET VILLAS - GREAT VALUE SECURE INVESTMENTS IN CENTRAL

Where can you get any investment property on the Gold Coast for this price? If you are looking for an easy, no fuss property with SOLID returns - look no further! There are 3 terrific units available to purchase in this community, all with good tenants paying $290 p/w creating you an approx. ...

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Unit

QLD 4226


225-5 Bourton Rd, Merrimac

$225,000

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RARE INVESTMENT IN THE HEART OF THE GOLD COAST - SOLID RETURNS -

VERY RARE MULTI-UNIT PROPERTIES ON OFFER (2 PROPERTIES ON ONE TITLE) OFFERING SOLID RETURNS & PEACE OF MIND INVESTING! *LOT 225/5 BOURTON RD MERRIMAC รข OFFERS OVER $225,000 - 2 x VILLAS - BOTH CURRENTLY TENANTED SEE BELOW BREAKDOWN FOR MORE DETAILS ...

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Unit

QLD 4226


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