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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 $865,000 and this has changed 8.12% over the past year and changed 24.63% over 2 years.

The median rent in Merrimac for houses is $765 per week and the median rental yield is 4.59%. Stock on the market for houses/townhouses has changed -14.29% compared to last year and the average time to sell a house/townhouse is 91 days.The median listing price for units is $575,000 and this has changed 4.64% over the past year. The average unit takes 64 days to sell and the median rent for a unit in Merrimac is $600 per week, producing a rental yield of 5.42%.

Supply & Demand in Merrimac, Gold Coast

0.89%

Current vacancy rate


27

Rental stock available


7,069

Population


41.22%

Rental population


1.11%

Current vacancy rate


3,154

Rental stock available


555,721

Population


31.09%

Rental population


0.97%

Current vacancy rate


22,682

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 $865,000 $650,000 $575,000
Median price change - last quarter 0.87% 0.77% 0.00%
Median price change - 1 year 8.12% 8.33% 4.64%
Median price change - 2 years 24.63% 34.02% 26.51%
  House Townhouses Units
Median weekly rent $765 $710 $600
Median yield % 4.59% 5.68% 5.42%
Median rent change - 1 year 4.79% 10.93% 9.09%
  House Units
Previous month sales 0 1
Stock on market previous month 18 24
Stock variance vs. last year -14.29% 33.33%
Average days on market 91 64

Merrimac investment property listings

Showing 5 of 32 investment properties found in Merrimac on realestateinvestar.com.au

23/79 Macadie Way, Merrimac

$749,900

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Enjoy the serenity!!!

Conveniently located in the heart of the Gold Coast and only a short drive to some of the area's best private & public schools as well as 2 large shopping centres, this spacious property is only 5 years old. The generously proportioned 4 bedroom town-house is ideal to call home for any family or ...

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QLD 4226


26/79 Macadie Way, Merrimac

$749,900

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Relax in style!!!

Conveniently located in the heart of the Gold Coast and only a short drive to some of the area's best private & public schools as well as 2 large shopping centres, this spacious property is only 5 years old. The generously proportioned 4 bedroom town-house is ideal to call home for any family or ...

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QLD 4226


2/9 Entry Dr, Merrimac

$789,000

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FANTASTIC LIFESTYLE OR INVESTMENT OPPORTUNITY! SPACIOUS 3 BEDROO

Nestled in a quiet cul de sac within this sought after, ultra convenient locale, this delightful property presents an exceptional opportunity for both discerning investors and those seeking a central, low maintenance lifestyle. Boasting three bedrooms and two bathrooms, this elevated duplex offers ...

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Townhouse

QLD 4226


225-5 Bourton Rd, Merrimac

$105,000

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7.8% NET RETURN - 2 UNITS FOR THE PRICE OF ONE! RARE INVESTMENT

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

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QLD 4226


7 Crelga Ct, Merrimac

$799,000

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COULD THIS BE MERRIMAC'S BEST VALUE HOME? ACT FAST, WILL BE SOLD

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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QLD 4226


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