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
$4,600,000
Last sold
7 Jan 2025
6
Bedrooms
6
Bathrooms
7
Car spaces
1,333 m²
Land
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
$4,600,000
7 Jan 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
+231.4%
Median sale
Suburb $1,388,000
-2.16 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
Low density residential
Low 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 Low density residential (City Plan). Official parcel area about 1,340 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 Low density residential (City Plan). Official parcel area about 1,340 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?
KnownmediumOfficial parcel about 1,340 m² — land size can look like optionality. No 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 °This is the reward for your success. The epitome of elegance, luxurious comfort and extravagant space synergise in this stunning golf course waterfront mansion. With almost 130 squares of internal space, six bedrooms and bathrooms, theatre room, 15m lap pool, 7 car basement garage and ocean access, this will feel like your own resort.
The setting is incredible within the award winning Jack Nicklaus designed golf course as your serene environment and overlooking Clear Island Waters Lake to the city skyline, this is living!
Enjoy the postcard sunrise views over the lake and lush golf course and the city lights at night. Stroll down to the Lakelands Golf Club for an afternoon beverage or dinner, even become a member of this beautiful Club and of course the challenging Jack Nicklaus designed championship golf course itself is yours daily to enjoy.
All furniture is included in the sale.
Some of the amazing features:
• Three levels with a total of 1,197m2 of internal and external
• Six oversized bedrooms with private ensuite
• Six bathrooms in total plus powder rooms
• 7 vehicle basement garage including Tesla charging station
• Sold suspended slab construction
• 15m waterfront, fully tiled lap pool with spa
• Beautiful gourmet kitchen with double oven, steam oven, walk in pantry and clever island breakfast bar.
• Well appointed wet bar with wine fridge, dishwasher and fridge-freezer plus ample display shelving
• Smart entertainment system, offering control of lighting, speakers, blinds, and more
• Games room - ideal for a gym, office or rumpus area
• Dedicated movie theatre with stepped seating and mood lighting
• Entertaining balcony connected to the pool area via bi-fold doors
• Nearly every room enjoys a stunning view
• Multiple expansive waterfront decks and two spacious covered areas for hosting epic events and generous lawn perfect for children or pets to enjoy
• Floating jetty (ocean access) and waterfront boardwalk
• Master (1) features; a spacious walk-in wardrobe with full cabinetry, spa equipped ensuite with twin vanity plus a private waterfront balcony
• Master (2)- the Executive Suite, features; scenic water and gold course views, well-equipped bathroom with shower and double vanity adjoining the walk in robe
• Total privacy and gated access
• Panoramic views across tranquil waters, golf course greens and skyline as your backdrop
• Storage room and basement bathroom/change room
• Enphase IQ7 x 96 with LG 350w Solar Panels (15kW)
This meticulously designed resort residence represents the epitome of luxury living on the Gold Coast, offering an unparalleled opportunity to immerse oneself in the quintessential coastal lifestyle
Financials:
Council Rates: $1,400.39 (6 months)
Water Rates: $577.22 (quarterly)
Body Corporate Fees: $63.61 per week
Projected Rental Return $3,000 to $3,500 per week
Within 5 - 10 minutes drive:
• Emerald Lakes Village
• Emmanuel College
• All Saints Anglican School
• Merrimac State School
• St Michaels Catholic High School
• Woolworths Shopping Centre
• Q Super Shopping Centre
• Carrara Stadium (formerly Metricon Stadium)
• KDV Tennis and Golf Centre
• The Pacific Motorway
• Nerang Train Station
• Carrara Markets and adjacent Cocos Medical Centre and shopping
Within 10-15 minutes drive:
• Broadbeach (Pacific Fair, Kurrawa Beach, Star Casino, Convention Centre)
• Robina Town Centre
• Robina Hospital
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.
Listing description written by Grant & Cassandra Stephens, COASTAL ° — reproduced as published, not verified by Districts.
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