Merrimac at a glance
7,423
People
$1,388,000
Median sale
$825/wk
Median rent
3.09%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
QLD › Merrimac › Willunga Pl
$750,000
Last sold
18 Aug 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$750,000
18 Aug 2023 · derived via latest_sale
Merrimac at a glance
7,423
People
$1,388,000
Median sale
$825/wk
Median rent
3.09%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Merrimac
-46.0%
Median sale
Suburb $1,388,000
+2.63 pp
Gross yield
Suburb 3.09%
Suburb median $1,388,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $825/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Merrimac at a glance
7,423
People
$1,388,000
Median sale
$825/wk
Median rent
3.09%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX Regency Gold Coastopen home cancelled 5th Aug 23
This neat freestanding home holds a elevated north east aspect to capture all day sun, and features, 3 bedrooms with bamboo flooring, 2 updated bathrooms, fully tiled open plan, spacious updated kitchen, plus a good size fenced yard for kids/pets to roam.
Ideally located, with only one adjoining neighbour, and central to many amenities, it is perfect for those who are looking to get into the market, upsizing from a townhouse, slowing down from a bigger home, or looking for a investment home in a vibrant, high growth location. This is one you will want to put on the top of your list.
PROPERTY FEATURES: FLOOR PLAN & VIRTUAL TOUR AVAILABLE
Low set brick and tile construction built in 1990
3 bedrooms, 2 updated bathrooms, timber style flooring in bedrooms
Spacious, modern and bright open plan lounge/dining area with porcelain tiling
Sizable master bedroom features, walk in robe, ensuite and air conditioning
Bright tiled air-conditioned living area flows to the outside entertaining area
A private paved courtyard/patio adjoins dining area for ease of entertaining, or relaxing
Modern kitchen with stone benches, s/steel appliances, ceramic cook top, island breakfast bar
Single lock up garage with internal access, also easy parking outside for extra cars/visitors
Separate laundry and drying area
Sunny fully enclosed yard/block for pets and kids to play
Block size 441 sqm - house plan size approx 125sqm
Having personally lived in the street for 10 years, I really loved the street and locality to everything! Situated right in the heart of the Gold Coast, you will also appreciate living in such a convenient location so close to numerous amenities. This 'no fuss' home is is located only a very short walk to Merrimac Shops/Grocery and Worongary Shopping Centres, Merrimac State/All Saints/St Michaels Schools, child care, green parks, dining/take away, transport, and soon the to be constructed Train Station.
Approx 7 mins drive to Robina Town Centre offering first class shopping, entertainment and dining experiences. Plus easy access to the M1 motorway, and approx 12-15 mins to beautiful Broadbeach and Pacific Fair Shopping Centre.
Access to the M1 under 1 min, and under 5 mins, Robina Rail, Robina Hospital, Numerous Public & Private Schools, Titans Stadium & Sports/Recreation Parks, Golf Courses, and much more!
Make no mistake - this property is on the market to sell! All genuine offers will be presented for the sellers consideration.
Important Notice: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate. Prospective buyers should make their own enquiries to satisfy themselves as to its accuracy. Although high standards have been used in the preparation of this document, no legal responsibility can be accepted by Re/max Robina or any loss or damage resulting from the content or the use of this information. Any photographs show only certain parts of the property as it appeared at the time they were taken. Areas, amounts, measurements, distances and all other numerical information is approximate only.
Listing description written by Taya Rich, RE/MAX Regency Gold Coast — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.