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.
5
Bedrooms
3
Bathrooms
2
Car spaces
853 m²
Land
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Merrimac (last 5 years) with land size have a median of $2,007/m² of land (n=39). Districts calculation from recorded sales — not a valuation.
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.
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
UnknownNearby 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.
Area
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 COASTAL ° RobinaNestled in a tranquil cul-de-sac, this property offers the perfect environment for children to play and grow. Tucked away from the street, providing privacy that homeowners will appreciate, this beautifully renovated home with its stunning Palm Springs aesthetic is the quintessential family oasis. Boasting a huge swimming pool, a fully fenced spacious yard, a basketball court, and two outdoor alfresco areas, this is the dream entertainer's home for year-round enjoyment!
Featuring gorgeous interiors designed for ease of living, you'll find French doors and windows, plantation shutters, pendant lighting, split system air-conditioning, and keyless entry.
The garage has been converted into a separate, private, fully self-contained granny flat.
Property Features:
• Set on an 853m² block**
• Master bedroom with walk-in robe and luxurious ensuite featuring his and hers basins.
• 3 additional bedrooms, all with built-in robes and upstairs access to a large front balcony. The 4th bedroom downstairs is perfect for guests or as a teenager's retreat.
• Convenient home office space.
• Chef's Kitchen Featuring pendant lights, stone benchtops with a breakfast bar, modern appliances including a 900mm gas cooktop and dishwasher, and ample cupboard space.
• Light and bright living, with a separate second living area complete with a decorative fireplace.
• Air-conditioning throughout, sheer curtains, and updated flooring for low maintenance.
• French windows and doors, plantation shutters, and stylish pendant lighting.
• Two outdoor entertainment areas; at the front, an oversized swimming pool, and a second alfresco area at the rear.
• Fully fenced grassed rear yard, basketball court, and a huge garden shed.
• School Catchment for Mudgeeraba State School and Robina State High School.
• Nearby Independent Schools; All Saints Anglican School, St Michael's College, Somerset College, and Emmanuel College.
• Council Rates Approximately $1,240 per half year.
• Water Rates Approximately $400 per quarter.
• Main house rented at $1,400 per week, lease ends 10 April 2025.
• Granny flat rented at $450 per week, lease ends 22 November 2024.
• Approximately a 15-minute drive to the beautiful beaches of the Gold Coast.
• Close to an array of golf courses including Lakelands, Palm Meadows, and The Glades.
• Easy access to the M1 motorway and public transport routes.
Centrally positioned, you'll find quick and easy access to the Pacific Motorway both north and southbound. Under 10 minutes to Worongary Town Centre, Robina Town Centre, Mudgeeraba Market Shopping Centre, Robina Train Station, CBUS Stadium, Robina Hospital, and an abundance of cafes and restaurants.
Embrace the opportunity to own this beautifully renovated family home that blends modern amenities with a serene lifestyle. Perfectly positioned in a prime location.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Duwayne Mattig, COASTAL ° Robina — reproduced as published, not verified by Districts.