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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 $962,500 and this has changed 13.23% over the past year and changed 21.06% over 2 years.

The median rent in Merrimac for houses is $800 per week and the median rental yield is 4.32%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 65 days.The median listing price for units is $589,500 and this has changed 7.18% over the past year. The average unit takes 75 days to sell and the median rent for a unit in Merrimac is $625 per week, producing a rental yield of 5.51%.

Supply & Demand in Merrimac, Gold Coast

0.46%

Current vacancy rate


14

Rental stock available


7,069

Population


41.22%

Rental population


1.12%

Current vacancy rate


3,217

Rental stock available


555,721

Population


31.09%

Rental population


0.98%

Current vacancy rate


23,065

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 $962,500 $699,000 $589,500
Median price change - last quarter 7.06% 3.24% 1.63%
Median price change - 1 year 13.23% 12.01% 7.18%
Median price change - 2 years 21.06% 24.82% 19.09%
  House Townhouses Units
Median weekly rent $800 $715 $625
Median yield % 4.32% 5.31% 5.51%
Median rent change - 1 year 6.66% 7.51% 0.00%
  House Units
Previous month sales 6 2
Stock on market previous month 23 17
Stock variance vs. last year 0.00% -19.05%
Average days on market 65 75

Merrimac investment property listings

Showing 5 of 43 investment properties found in Merrimac on realestateinvestar.com.au

105 Kingarry Cct, Merrimac

$900,000

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SOLD BY TINA NENADIC

Discover 105 Kingarry Circuit, Merrimac-a beautiful family home in a quiet, leafy estate at the heart of the Gold Coast. With undeniable street appeal and meticulous care, this property is perfect for first-home buyers, downsizers, or investors looking for a great addition to their portfolio. The ...

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QLD 4226


5/40-48 Macadie Way, Merrimac

$819,000

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East Facing Family Townhouse With Beautiful Garden Views - Low M

OFFERS OVER $819,000 BY 7TH NOV 5PM UNLESS SOLD PRIOR Welcome to No. 5 Parkgreen in Merrimac. Presenting a low maintenance, spacious split-level townhouse comprising of four-bedrooms, two and a half bathrooms, single car garage and an additional allocated car space making this suitable for ...

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Townhouse

QLD 4226


24 Nicklaus Ct, Merrimac

$4,750,000

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A LUXURY HIDEAWAY WITH OCEAN ACCESS

This is the reward for your success. The epitome of elegance, luxurious comfort and extravagant space synergise in this stunning golf course waterfront mansion. With almost 130 squares of internal space, six bedrooms and bathrooms, theatre room, 15m lap pool, 7 car basement garage and ocean ...

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QLD 4226


23 Merridown Dr, Merrimac

$1,325,000

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SPACIOUS FAMILY HOME WITH TROPICAL POOL AND 2 LARGE LIVING AREAS

Nestled in the sought-after neighborhood of Merrimac, this expansive 5-bedroom, 3-bathroom residence at 23 Merridown Drive seamlessly combines modern living with family-friendly comfort on a 712sqm allotment. As you enter, you'll be greeted by a spacious open-plan living area bathed in natural ...

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QLD 4226


8 Barra Crt, Merrimac

$925,000

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MORE THAN MEETS THE EYE - PRIVATE & PEACEFUL LOW SET HOME IN QUI

Welcome to 8 Barra Court, Merrimac - this charming single-level character home, nestled in a peaceful and family-friendly enclave the heart of the Gold Coast. This residence is ideally located near a wealth of amenities, making it an ideal choice for young families seeking convenience, safety, and ...

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QLD 4226


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