Marcoola at a glance
3,788
People
$1,193,500
Median sale
$796/wk
Median rent
3.47%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
QLD › Marcoola › Merchants Pde
$1,700,000
Last sold
17 Mar 2024
5
Bedrooms
3
Bathrooms
2
Car spaces
332 m²
Building
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
$1,700,000
17 Mar 2024 · derived via latest_sale
Marcoola at a glance
3,788
People
$1,193,500
Median sale
$796/wk
Median rent
3.47%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Marcoola
+42.4%
Median sale
Suburb $1,193,500
-1.04 pp
Gross yield
Suburb 3.47%
Suburb median $1,193,500 from 8 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 $796/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
UnknownArea
Marcoola at a glance
3,788
People
$1,193,500
Median sale
$796/wk
Median rent
3.47%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by TownIn one of Marcoola’s most sought-after premium pockets, just 200m from the pristine ocean and sands of Marcoola Beach is this seaside gem. This one of a kind property is a rare opportunity for buyers looking to secure both a home and a smart investment, allowing for both residential and commercial use.
Perfectly appointed on a North Facing corner block, this four-storey delight overlooks the lush Glen Retreat Park and is just steps to Marcoola’s nearby cafes and restaurants.
The light-filled residential residence is smartly situated on the three upper levels. The first two levels encompass three generous bedrooms, two freshly renovated bathrooms, a separate renovated laundry, an office/second living space and a superbly renovated kitchen in the heart of the home which connects to the open-plan living, dining and spacious north-facing balcony.
With air-conditioning, ceiling fans, and new flooring, no expense has been spared in this luxurious renovation. The top level of the property is an exclusive and private rooftop retreat, with grand views of the surrounding hinterland. This is the perfect space to entertain friends, watch the sunsets and relax in the heated jacuzzi.
The ground floor stands out as a prime investment or commercial feature, having previously operated as a hair salon and currently serving as a second dwelling, guaranteeing a steady passive income. Complete with a two-car garage accessible from both residential and commercial spaces, it offers a front reception/living area with street access, an office/bedroom, kitchen, additional office space, bathroom, and laundry facilities. This unique space is ideal for accommodating a range of businesses or tenants.
Such a premium and conveniently situated beachside property, 2 Merchants Parade will appeal to a wide range of buyers - families looking for a beachside escape with dual living potential, investors wanting multiple income streams, business owners looking for a space to work, live and enjoy, the options are endless.
Summary of Features
- Five-bedroom, three-bathroom, Multi-use beach side investment
- Elegantly renovated kitchen, bathrooms, and laundry
- Double car garage (currently used as an additional office, work, and retail space)
- Airconditioning, comprehensive security system, crim-safe doors
- Stylish stone kitchen bench tops with high quality Bosh Appliances
- New quality flooring throughout and plantation shutters
- No body corporate fees
- Private upstairs rooftop with luxurious jacuzzi with grand views of the surrounding hinterland
- Multiple access points for residential and commercial space
- 200m to the pristine beaches of Marcoola Beach
- Optimal location, with restaurants, transport, parks, bike paths and boardwalks all within walking distance
Listing description written by SARAH SINCLAIR, Town — reproduced as published, not verified by Districts.
Nearby 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.