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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 $899,000 and this has changed 8.31% over the past year and changed 20.02% over 2 years.

The median rent in Merrimac for houses is $795 per week and the median rental yield is 4.59%. Stock on the market for houses/townhouses has changed -10.53% compared to last year and the average time to sell a house/townhouse is 72 days.The median listing price for units is $580,000 and this has changed 6.61% over the past year. The average unit takes 84 days to sell and the median rent for a unit in Merrimac is $650 per week, producing a rental yield of 5.82%.

Supply & Demand in Merrimac, Gold Coast

1.05%

Current vacancy rate


32

Rental stock available


7,069

Population


41.22%

Rental population


1.28%

Current vacancy rate


3,675

Rental stock available


555,721

Population


31.09%

Rental population


1.03%

Current vacancy rate


24,208

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 $899,000 $677,000 $580,000
Median price change - last quarter 3.93% 4.15% 0.86%
Median price change - 1 year 8.31% 9.72% 6.61%
Median price change - 2 years 20.02% 35.40% 23.40%
  House Townhouses Units
Median weekly rent $795 $720 $650
Median yield % 4.59% 5.53% 5.82%
Median rent change - 1 year 8.90% 5.10% 12.06%
  House Units
Previous month sales 2 6
Stock on market previous month 17 22
Stock variance vs. last year -10.53% 29.41%
Average days on market 72 84

Merrimac investment property listings

Showing 5 of 36 investment properties found in Merrimac on realestateinvestar.com.au

2/40-48 Macadie Way, Merrimac

$799,000

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Large Renovated Family Townhouse With Garden Views

Welcome to No. 2 Parkgreen in Merrimac. This beautifully renovated split-level townhouse comprises of four-bedrooms, two and a half bathrooms, single lock up garage and an additional allocated car space making this suitable for families of all sizes. As you enter the property downstairs, you are ...

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Townhouse

QLD 4226


21 Terrace Ct, Merrimac

$950,000

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Great investment or first home !!

This charming house situated at the end of a quiet cul-de-sac, offers a spacious 602m² block, complete with a beautiful in-ground pool, two separate living areas, three bedrooms, and two bathrooms. The peaceful alfresco area features an easterly outlook, overlooking vacant land filled with deer ...

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House

QLD 4226


2 5 Bourton Rd, Merrimac

$210,000

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CALLING ALL INVESTORS - BUY MUTLIPLE STUDIO UNITS ON ONE TITLE -

Lot 11 - 3 rooms renting at $550 per fortnight each (all tenanted) Lot 9 - 2 rooms - 1 at $585 per fortnight and 1 at $550 per fortnight Each of the units are partly furnished and equipped with: bedroom and ensuite bathroom, bed, chair, cabinets/side tables, small fridge, microwave, air ...

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Unit

QLD 4226


11/127 Gooding Dr, Merrimac

$819,000

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Lifestyle & Location! Spacious Townhouse in Prestigious Gated Es

Beautifully presented 3-bedroom, 2-bathroom, plus powder room townhouse is nestled within the prestigious "Palma Sereno Villas" gated estate. Meticulously maintained, this abode offers a spacious layout and luxurious amenities, promising a lifestyle of comfort and convenience, with close proximity ...

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Townhouse

QLD 4226


282/135 Lakelands Dr, Merrimac

$775,000

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Stunning 8th Floor Apartment at Lakelands Golf Course - Signatur

This furnished top floor two-bedroom apartment boasts sensational panoramic views, overlooking the renowned Lakelands golf course and waterfront area designed by Jack Nicklaus. The apartment will appeal to both owner occupiers and investors alike. Offering a spacious open plan design with natural ...

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Unit

QLD 4226


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