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 › Terrace Ct
$1,330,000
Last sold
13 Mar 2023
6
Bedrooms
3
Bathrooms
4
Car spaces
658 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
$1,330,000
13 Mar 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
-4.2%
Median sale
Suburb $1,388,000
+0.14 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 RE/MAX Regency Gold CoastExquisitely Presented, Brilliantly Positioned 5 Bed, 3 Bath, Dual Living Hamptons Themed Home With Recently Added Pool in Manicured Grounds
In the lingo of the text message world, this property is an OMG - MST (must see this) - DNM (do not miss) property. Particularly, if a well located, five-bedroom plus office home with a delightful pool would suit your family requirements.
And it is a very genuine dual living possibility, so inter-generational, co-living aspirants take note. Entertainers you too, must come and see what is on offer. I know you will be excited by the prospects of entertaining that one person in your life or your closest 50 or 60 friends - all you need to decide is where you will entertain them, and you have at least six very pleasing options. Above all else, this is a family home and the sparkling, newly installed pool will be a magnet for the kids. Plus, you have massive proximity to quality schools and all the city conveniences are within a short trip.
Yes, this is definitely an MST (must see this) property. It's so well-presented by my very creative vendors it's well worthy of a feature spread in a very upmarket Vogue style magazine. Nothing & I mean nothing, has been missed, the attention to detail is fastidious.
It's for this reason I urge you to spend plenty of time poring over the photos and site plan I have included. But, you'll need to view them at least 3 times and then line them up with the inclusions I have listed below. There's much on offer here and your personal inspection is a must.
Truly, this home has been given the 'mother of all renovations' - nothing has been spared and if you love a clean, white Hamptons style thematic, matched with space & light - plus, being chock-full of really interesting lifestyle enhancing features, then welcome to 13 Terrace Court Merrimac, a peaceful, quiet cul-de-sac with rustic views and central city conveniences.
Oh yes, for those who love whipping up a culinary masterpiece, I will say nothing more than 'you must come & see the kitchen. If this - or the very spacious, covered upstairs alfresco deck with its built-in wet bar and BBQ, doesn't become family central, I'd be surprised.
Let’s now run through the features, and as I have suggested, refer them back to the photos. Even then, I’d strongly suggest you need to put your ‘feet on the ground’ with a personal inspection. This a cracker of a property offering and will be highly sought.
The Block - Position & Front & Back Yard inclusions
- 658m sloping block in very quiet, peaceful cul-de-sac
- House design and inclusions fully utilize the land envelope
- Backs onto Baymill Park – attractive, private, well-maintained, beautifully treed area
- Attractive white thematic entrance wall with paved driveway to garage
- Double Garage with provision for storage at front
- Provision for 4 cars off street
- Rustic outlook yet incredibly handy city conveniences
- Separate entrance leads to front yard timber decked entertainment area complete with fire pit (capacity of guests 50 to 60 – check out the photos)
- Timber porch will be your entrance to this stunning home
- Fully fenced backyard – ideal for kids and pets
- Full sized, built-in dolls house will absolutely amuse the ‘littlies’ when not frolicking in the newly added pool – fully fence compliant as you would expect
- Well grassed lower level with mature foliage completes an impressive backyard
- 450m to highly regarded All Saints Anglican School – Robina State High & Merrimac State School – both just 2.3k
- Worongary convenience centre, Robina Hospital, train station & Stadium – 3k’s
- Much regarded Robina Town Centre and bulk goods just 5 mins away
- 15 minutes to beaches – 2 minutes to back highway (proximity without the noise)
- 8 Solar panel system – just waiting to chew up those pesky electricity bills
First Floor
- Open plan, spacious and light filled living/dining with attractive timber flooring
- Quality timber stairs descend to dual living downstairs area
- A dream galley style stone top kitchen with excellent views to deck and tree canopy
- Breakfast nook for 4 - huge bench, self-closing drawers & walk-in pantry space
- 6 burner gas stove – dishwasher – dble door fridge capacity etc
- Massive timber floored covered balcony - views over the pool to park
- Balcony includes a recently added 7 burner built-in gas BBQ with Rangehood, wet bar & fan
- Ideal for entertaining or that quiet family meal in peace & tranquillity
- Home study or office adjoins the kitchen – ideal also for the infant in the family
- Large, carpeted master bedroom with direct access to that huge terraced entertaining area
- Master contains a BIG walk-in robe & modern, attractive ensuite
- Good sized bedrooms 2 & 3 – quality carpet, fans, and mirror-built-ins
- Modern main bathroom with stylish white oval bath, frameless glass shower, quality cabinetry
- Ducted air conditioning throughout (including ducting to lower-level dual living)
- Attractive white themed Plantation Shutters used throughout
- Downlights throughout
Ground Floor
- Quality white, timber flooring thematic extends to the large downstairs dual living area
- Huge family room with optionality to create separate living areas of your choosing
- Family room opens out to yet another huge, covered timber deck
- Separate media room - again, optionality to convert this into another use
- Timber floored bedroom 1 opens out to the covered deck and views
- Timber floored bedroom 2 with mirror-built-ins
- Fans in both bedrooms & media room assists the ducted AC
- Stylishly presented combination laundry and bathroom
- Under stair storage
Disclaimer:
RE/MAX use best practice standards in accordance with the latest Government recommendations to help stop the spread of COVID-19. Please inspect our properties with confidence.
Further, in preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to 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 Greg Parker, RE/MAX Regency Gold Coast — reproduced as published, not verified by Districts.