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 › Merridown Dr
$1,110,000
Last sold
14 May 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
600 m²
Land
220 m²
Building
Districts View
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
$1,110,000
14 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Merrimac (last 5 years) with land size have a median of $2,008/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
-20.0%
Median sale
Suburb $1,388,000
+0.77 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 scheme
City Plan
Zone
Low density residential
Low density residential
Jurisdiction
City of Gold Coast
Gold Coast, QLD
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
QLDZoned Low density residential (City Plan). Official parcel area about 602 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low density residential (City Plan). Official parcel area about 602 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 602 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 PRD Burleigh HeadsPrime Property Opportunity: Potential, Convenience and a High Growth Location
A property defined by potential and convenience, this is an enticing opportunity to renovate and add tangible value to an original-condition residence. Occupying a 600m² block in an exceptionally central pocket, it spans a single level with solid bones and plenty of scope to modernise and make it your own.
Comfortable as is, a functional kitchen equipped with a breakfast bar, oven, Neff cooktop and dishwasher adjoins a tiled dining zone that flows to a rear patio. Additionally, enjoy a carpeted living room with front gardens views and
three strategically placed bedrooms. A master suite with walk-in robe and ensuite is tucked away from a wing with two bedrooms with built-in robes and a practical three-way main bathroom.
Outdoors, a covered alfresco area with built-in sauna awaits, alongside a generously sized, fenced backyard. A front porch overlooks the shaded lawn, plus benefit from a double garage, driveway parking, shed, XXL water tank and solar hot water system.
What really sets this home apart however, is the central location. Not only is it footsteps to local shops and services, but it's an easy stroll to popular Mike's Kitchen for a family meal and Stoner Family Park for kids and pets to expend energy. The upcoming Merrimac Train Station will further enhance accessibility across the Gold Coast, plus it's only
mere minutes to access the M1. Families will appreciate the proximity to a selection of well-regarded schools too, including Star of the Sea and Merrimac State primary schools, St Michael's College, and All Saints Anglican School. Beyond this, Robina Town Centre, CBUS Super Stadium and major medical facilities are within easy reach, while the sand and surf of Broadbeach, Mermaid, Burleigh and Currumbin are all a short drive from home.
Unlock the full potential of this well-positioned property and capitalise on a location that continues to grow in demand. Don't delay, arrange an inspection today.
House Features:
- Original condition single level home, ready for you to renovate and add value
- Kitchen includes a breakfast bar, Stirling oven, Neff cooktop and Fisher & Paykel dish drawer
- Carpeted living room adjoins a tiled dining area that opens to a rear patio
- Master suite features a walk-in robe and ensuite
- Two privately placed bedrooms with large built-in robes
- Three-way style main bathroom
- Split system air-conditioning units
- Covered alfresco patio includes a built-in sauna
- Generously sized, fenced backyard
- Front porch overlooks a shaded front lawn area
- Laundry with storage, sink and external access
- Double garage with shelving
Property Features:
- 600m2 block in a supremely convenient location
- 6.7m x 5.3m shed with up to 2.8m clearance
- Water tank
- Solar hot water
- Dual side access
- Driveway parking
Location:
Approx. 1 min walk to Merridown shopping precinct
Approx. 6 min walk to Mike's Kitchen and the upcoming Merrimac Train Station
Approx. 7 min walk to Stoner Family Park
Approx. 1 min drive to Star of the Sea Primary
Approx. 2 min drive to St. Michael's College, Merrimac Primary and All Saints Anglican School
Approx. 6 min drive to Robina Town Centre, CBUS Super Stadium and Robina public and private hospitals
Approx. 13 min drive to Broadbeach and Mermaid Beach
Approx. 16 min drive to Burleigh and Currumbin Alley
Approx. 19 min drive to Gold Coast Airport
Price Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.
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 Jessica Robertson, PRD Burleigh Heads — reproduced as published, not verified by Districts.
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