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 › Bourton Rd
$715,000
Last sold
16 Aug 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
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
$715,000
16 Aug 2023 · derived via latest_sale
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
-48.5%
Median sale
Suburb $1,388,000
+2.91 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 CoastNestled in a tightly held, friendly and central community with an elevated, virtually maintenance free section, this spacious and stylish town house is ready to move in, so easily accessible and central to our all our beautiful Gold Coast has to offer.
This wonderful property has been designed for 'no fuss' living and would make an ideal low maintenance haven for downsizers, a great start for busy first home buyers/professionals, or a perfect investment opportunity with high growth and rental return.
You will just love the bright open tiled living area that and flows through large glass sliding doors onto a private open air patio area, with north aspect allowing loads of light and air through the home.
Enjoy a practical and contemporary design, featuring neutral decor and modern conveniences, and with hardly any maintenance required you can have more time for the more important things in life.
Positioned in an ultra convenient location within an short and easy walk to the local shops, Worongary Shopping Centre, parks, transport, 24 hr Service Station, The German Club, Mikes Kitchen, McDonald's Restaurant, and All Saints & St Michael's School, Medical Centre, Merrimac Tavern, Merrimac State School, Child Care and much more.
PROPERTY FEATURES AT A GLANCE:
Steel frame construction - built 2011 - very well presented community with open green space and pool
Spacious and airy open plan tiled living area wide sliding door/windows stepping out relaxing courtyard and open air patio for entertaining
Beautiful well-appointed galley style kitchen with caesar stone benches, gas cooktop, large fridge space, large breakfast bar, and dishwasher and storage options
King size master bedroom features, his/her mirrored robes, modern ensuite with large shower/vanity
Additional 2 queen sized bedrooms with ceiling fans and built in mirrored sliding robes
2 modern bathrooms (main with large bath) plus powder room downstairs for added convenience
Air conditioned downstairs living, and upstairs master bedroom plus block out blinds for year round comfort
Separate laundry downstairs
Pet friendly subject to body corporate approval
Individual water metered/gas hot water
Good on site managers, security cameras in estate offering security peace of mind
Single auto garage with internal access, extra park in driveway, plus car parking for guests and visitors
Body corp fees are all inclusive at $68 per week (approx)
Council rates approx $1050per half year
Rental potential $720 - $740pw
(excellent tenants currently paying $680pw lease exp 1st Sept)
Complex facilities - Large sunny swimming pool with umbrellas and sun beds, BBQ area with seating and big residents function room, and manicured landscaping gardens plus open green space for kids to play all maintained for you.
Access to the Freeway under 1 min drive, and within approx 8 mins drive, Robina train Station, Robina Hospital, Worongary Shopping Village, Numerous Public & Private Schools, Titans Stadium & Sports/Recreation Parks, Golf Courses, Vibrant Broadbeach & Robina Town Centre offering world class entertainment, shopping and dining experiences.
Important Notice: We have used photos from previous sale due to tenants privacy.
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate. Prospective buyers should make their own enquiries to satisfy themselves as to its accuracy. Although high standards have been used in the preparation of this document, no legal responsibility can be accepted by Re/max Robina or any loss or damage resulting from the content or the use of this information. Any photographs show only certain parts of the property as it appeared at the time they were taken. Areas, amounts, measurements, distances and all other numerical information is approximate only.
Listing description written by Taya Rich, RE/MAX Regency Gold Coast — reproduced as published, not verified by Districts.