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 › Nicklaus Ct
$3,000,000
Last sold
7 Aug 2023
6
Bedrooms
4
Bathrooms
3
Car spaces
781 m²
Land
692 m²
Building
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
$3,000,000
7 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Merrimac (last 5 years) with land size have a median of $1,983/m² of land (n=38). 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.
Vs Merrimac
+116.1%
Median sale
Suburb $1,388,000
-1.66 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
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 KolloscheSpanning three luxe levels, this modern masterpiece encapsulates superior waterfront living and entertaining. Architecturally designed and north facing, get set to cook up a feast in the gourmet kitchen and host guests in style, with multiple indoor and outdoor areas to enjoy. A seamless connection between internal and external zones creates supersized spaces to celebrate, set against the backdrop of a freshwater lake (with ocean access) and the 5th fairway of the prestigious Lakelands golf course.
These idyllic views follow you throughout the home, including the elegant main lounge and dining zone, expansive games room and sophisticated master suite. One of six bedrooms and four ensuite bathrooms, bask in this blissful outlook from a private patio or while soaking in the luxe freestanding bath. Additionally, enjoy a triple garage with car lift for a fourth car, a media room with surround sound, large screen and projector plus a beautiful lakeside boardwalk, perfect for drinks at dusk.
The Highlights:
● Architecturally designed modern masterpiece, spanning three luxe levels
● North-facing, with idyllic views across a freshwater lake (with ocean access) towards the 5th fairway of Lakelands, a prestigious Jack Nicklaus designed golf course
● Solar-heated swimming pool, outdoor shower, waterfront boardwalk and jetty
● Alfresco entertaining terrace with built-in kitchen, bar fridges and BBQ area
● Elegant main lounge and dining zone with a gas fireplace
● Meals area opens to an atrium, plus sitting room that connects to the alfresco terrace
● Expansive games room that flows freely outdoors, includes bar fridge, TV , pool table and lounge suite
● Gourmet kitchen with Miele appliances, Zip tap, insinkerator, stone benchtops, ample soft-close storage
● Five spacious bedrooms with walk-in or built-in robes, ceiling fans and a mix of plantation shutters and blinds
● Four bedrooms include ensuites
● Powder room
● Media room with Italian leather recliner chairs, complete media system, overhead projector, screen and speakers
● Sixth bedroom or spacious office
● Laundry room
● Triple garage with work benches and a car lift for a fourth car, plus room for three cars on the driveway
● Alarm system, keyless entry
● Beautifully landscaped gardens, irrigated by an in-ground water tank
● Ducted 3-phase air conditioning and solar power
● Hydraulic boat lift, large landing mirror, outdoor umbrella and table included
Positioned in a prestigious, gated community, residents benefit from 24-hour security, a lake with ocean access and access to a recreation centre with pool, BBQ area, gymnasium and function room. Additionally in under 10 minutes drive arrive at all the delights of Broadbeach, including Pacific Fair, Star Casino, an array of eateries plus golden beaches.
Contact Marco De Vincentiis on 0433 112 260.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Listing description written by Marco De Vincentiis, Kollosche — reproduced as published, not verified by Districts.