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
$2,960,000
Last sold
26 Feb 2025
4
Bedrooms
5
Bathrooms
2
Car spaces
814 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
$2,960,000
26 Feb 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
+113.3%
Median sale
Suburb $1,388,000
-1.64 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 COASTAL ° Paradise PointPerfectly positioned in a quiet cul-de-sac and overlooking the water and Lakelands Golf Course, you'll find this luxury bespoke family home, sprawling across two levels and offering unparalleled living. No expense has been spared in crafting this high-end residence, boasting an array of exquisite finishes throughout that will leave you impressed.
Architecturally designed with a northerly orientation to capture optimal sunlight and stunning views of the water and golf course, this grand home features four large bedrooms plus home office/fifth bedroom, 5 bathrooms and a versatile open-plan indoor-outdoor living design. If you're seeking a prestigious property in a secure setting with breathtaking views, your search ends here!
Ground level features:
• 814m2 north-facing block, overlooking the water and Jack Nicklaus signature golf course
• Exquisite, high end finishes throughout
• Open-plan living and lounge with beautiful views, high ceilings and 3-way natural gas fireplace
• Enviable gourmet kitchen with statement marble bench-top, high end appliances and ample soft-close cabinetry as well as a spacious butler's pantry
• Contemporary guest bathroom and separate laundry with side access
• Large home office near the front door - could also be used as a fifth guest bedroom
• Oversized double garage with storage cupboard
Upper Level:
• An opulent main bedroom retreat with soaring ceilings, twin walk-in robes, balcony overlooking the water and golf course, and elegant ensuite with free standing bath tub, double vanities and beautiful chandelier
• Three additional guest bedrooms all with their own ensuites and walk-in robes
• Additional living area/multi-purpose room
• Deep pile, plush carpet throughout
Outdoors you'll find:
• Undercover entertaining area with built in outdoor kitchen and BBQ
• Heated ap pool runs the width of the home and can be used year-round
• Relaxing day bed overlooking the pool and water
• Private waterfront boardwalk with option to install pontoon (subject to council approval)
• Substantial under deck storage
• Low-maintenance gardens
Other property features include:
• Eco-friendly 36 panel solar system and full insulation helps keep energy bills low
• LED lighting and feature lights throughout
• High end window dressings
Estate Features:
• Double gated position within the secure Lakelands Estate
• Waterfront living with ocean access
• Immaculate gardens and presentation throughout the streets
• 24-hour security
• Low body corporate fees
• Access to a recreation centre with pool, BBQ area, gymnasium and function room
Unbeatable Location:
The prestigious gated community of Lakelands Golf Course Estate offers the pinnacle of luxury living and convenience. Just minutes from the Gold Coast's famous beaches, premier shopping centres (Pacific Fair and Robina Town Centre), elite schools, hospitals, The Star Casino, CBUS Stadium, train station and the M1 motorway.
This modern masterpiece encapsulates superior waterfront and golf front living and entertaining. Enjoy a secure gated lifestyle that uniquely combines golf, boating and city access in one exceptional package.
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 Tim Zampech, COASTAL ° Paradise Point — reproduced as published, not verified by Districts.