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 › Red Ash Ct
$1,160,000
Last sold
15 Nov 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
406 m²
Land
164 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
$1,160,000
15 Nov 2025 · 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
-16.4%
Median sale
Suburb $1,388,000
+0.61 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
Medium density residential
Medium 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 Medium density residential (City Plan). Official parcel area about 407 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 Medium density residential (City Plan). Official parcel area about 407 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?
KnownmediumNo 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 COASTAL °AUCTION ON-SITE SATURDAY 15TH NOVEMBER AT 10:00AM
IMPORTANT NOTES: If bidding, please bring identification
If bidding on the phone or on behalf of another - a pre-registration is required.
TERMS:
- Deposit 5% to 10% - payable within two business days from auction
- Settlement between 5th December and 19th December 2025
- A building and pest inspection report will be available prior to auction.
Tucked away in a peaceful cul-de-sac, this well-maintained four-bedroom home offers easy living in one of Merrimac's most convenient locations. Designed with a practical single-level layout, it combines space and functionality with inviting indoor and outdoor areas, perfect for relaxed family living or entertaining.
Whether you're a first home buyer, downsizer or investor, you'll love the thoughtful design, with multiple living zones, modern kitchen, and seamless connection to the private outdoor patio surrounded by neat, easy-care gardens. With shops, schools and transport all nearby, this home presents an excellent lifestyle opportunity in the heart of the Gold Coast.
This property is going to Auction on Saturday 15th November at 10am on-site. If not sold prior!
Notable Features:
- 4 bedrooms, all with ceiling fans and built-in robes (4th bedroom can be used as a study)
- Main bedroom with walk-in robe, ensuite and split system air-conditioning
- Spacious, separate lounge room for family relaxation
- Modern kitchen with marble benchtops, glass splashback, Westinghouse 5-burner gas cooktop, dishwasher and stainless-steel appliances and large built-in pantry and ample cupboard storage
- Open-plan dining area with split system air-conditioning, flowing to outdoor entertaining
- Large undercover patio ideal for relaxed gatherings
- Neat, low-maintenance gardens and manicured front yard
- Separate laundry with extra storage
- Main bathroom with bath and shower, plus a separate toilet for convenience
- Double lock-up garage
Financials:
- Council rates $1,969.74 (approx. per annum)
- Water rates $1,092 (approx. per annum)
- Projected rental of $1,000 (approx. per week)
Travel to:
- Merrimac Tavern & local shops - approx. 2 mins drive
- Worongary Shopping Village - approx. 4 mins drive
- Robina Town Centre - approx. 7 mins drive
- Pacific Fair Shopping Centre - approx. 12 mins drive
- Broadbeach & Gold Coast beaches - approx. 15 mins drive
- Merrimac State School - approx. 3 mins drive
- All Saints Anglican School - approx. 5 mins drive
- St Michael's College - approx. 5 mins drive
- Bond University - approx. 10 mins drive
- Cbus Super Stadium - approx. 8 mins drive
- Merrimac Train Station (under construction) - approx. 2 mins drive
- Gold Coast Airport - approx. 25 mins drive
- Lakelands Golf Course - approx. 15 mins
Why You'll Love It
A home that blends comfort, space and convenience in one of the Coast's most accessible suburbs. With major shopping, schools, and transport all nearby, 11 Red Ash Court offers easy living in a quiet, family-friendly pocket of Merrimac, making it the perfect place to call home or add to your investment portfolio.
Greenheart Master Plan - What is this?
The Greenheart Master Plan is a visionary City of Gold Coast project set to transform 257 hectares across Merrimac and Robina into the city's largest parkland. With Stage 1 - Robina Parklands already complete, residents can enjoy inclusive playgrounds, water play areas, sports lawns, a café and more. Once fully delivered, Greenheart will offer extensive recreation, sports and ecological spaces. For property buyers in the surrounding suburbs, this future-facing development represents a major lifestyle asset, providing immediate and long-term access to recreation, green space and wellness infrastructure just moments away.
For further information on this property please contact Grant & Cassandra Stephens on 0402 888 397 or email teamstephens@coastal.com.au.
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. This property is being sold by auction or 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.
Listing description written by Grant & Cassandra Stephens, COASTAL ° — reproduced as published, not verified by Districts.