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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 17.71% over the past year and changed 21.28% over 2 years.

The median rent in Merrimac for houses is $800 per week and the median rental yield is 4.16%. Stock on the market for houses/townhouses has changed -8.00% compared to last year and the average time to sell a house/townhouse is 66 days.The median listing price for units is $599,000 and this has changed 5.08% over the past year. The average unit takes 91 days to sell and the median rent for a unit in Merrimac is $650 per week, producing a rental yield of 5.64%.

Supply & Demand in Merrimac, Gold Coast

0.88%

Current vacancy rate


26

Rental stock available


7,069

Population


41.22%

Rental population


0.94%

Current vacancy rate


2,706

Rental stock available


555,721

Population


31.09%

Rental population


0.86%

Current vacancy rate


20,263

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 $700,000 $599,000
Median price change - last quarter 7.06% 3.24% 1.63%
Median price change - 1 year 17.71% 8.52% 5.08%
Median price change - 2 years 21.28% 19.65% 14.64%
  House Townhouses Units
Median weekly rent $800 $735 $650
Median yield % 4.16% 5.46% 5.64%
Median rent change - 1 year 6.66% 3.52% 4.00%
  House Units
Previous month sales 6 3
Stock on market previous month 23 16
Stock variance vs. last year -8.00% -15.79%
Average days on market 66 91

Merrimac investment property listings

Showing 5 of 39 investment properties found in Merrimac on realestateinvestar.com.au

44/120 Highfield Dr, Merrimac

$730,000

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Motivated Sellers Are Committed Elsewhere! Must Be Sold This Wee

This well presented townhouse offers the perfect blend of low-maintenance living and convenience set in a welcoming community atmosphere. Offering a spacious open plan layout and outdoor entertaining area it's a place you'll love to come home to relax and unwind. What sets this property apart from ...

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Townhouse

QLD 4226


24 Nicklaus Ct, Merrimac

$4,650,000

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A FURNISHED LUXURY LAKELANDS WATERFRONT OPPOTRUNITY

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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House

QLD 4226


55 Nicklaus Ct, Merrimac

$1,649,000

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Millionaire's Retreat:Luxe Living on Lakelands Gold Course!

We are delighted to present 55 Nicklaus Court, Merrimac - an architectural masterpiece nestled in the exclusive Lakelands Golf Course gated estate. This sleek, contemporary 4 bedroom, 2 bathroom plus powder room residence is perfect for those desiring a private, secure, and luxurious resort ...

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Townhouse

QLD 4226


11 Tobermory Ct, Merrimac

$990,000

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Must be sold by Christmas!

Welcome to 11 Tobermory Court, a beautifully updated family haven set in the heart of Merrimac. Perched on an elevated 798m² block, this residence provides a blend of modern convenience and tranquil charm. From the spacious front deck, you can enjoy peaceful views of the lush, manicured gardens, ...

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House

QLD 4226


2 5 Bourton Rd, Merrimac

$200,000

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

Lot 2 - 3 individual rooms renting at $550 per fortnight each Lot 3 - 3 individual rooms renting at $550 per fortnight each Each of the units are partly furnished and equipped with: bedroom and ensuite bathroom, bed, chair, cabinets/side tables, small fridge, microwave, air conditioning unit, ...

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Unit

QLD 4226


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