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.
$1,400,000
Last sold
22 Sept 2025
5
Bedrooms
3
Bathrooms
2
Car spaces
765 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
$1,400,000
22 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Merrimac (last 5 years) with land size have a median of $2,008/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
+0.9%
Median sale
Suburb $1,388,000
-0.03 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 Crasto PropertiesThis generous size family home built on a large 765 sqm block at the end of a quiet, family friendly cul-de-sac is a beautifully presented home in the sought after Merridown precinct, and presents an awesome opportunity for the astute buyer. Featuring beautiful bamboo timber floors and generous outdoor alfresco area this home is perfect for enjoying the Queensland weather and lifestyle. With a great fully fenced backyard for kids or pets to safely run and play as well as dual living potential downstairs. Located only minutes away from private or State schools, Robina Town Centre, M1, Golf Courses, Worongary Shopping Village, Merridown
Medical Centre, Cafes and the new Merrimac Rail Station, this is a property you really want to see.
Built on two level this generous 5 bedroom family home offers fantastic indoor/outdoor living and entertaining. Featuring separate living areas, formal dining and lounge with ducted air- conditioning, beautiful hinterland views and a large master bedroom with en-suite, walk in robe and built in. The fantastic open plan living and dining features large windows and doors to allow natural light and breezes to flow in and capture the view on offer. A fully fenced back yard gives peace of mind to parents knowing they can let their children or pets play safely in the security of their own home. Downstairs presents an incredible opportunity for dual living, complete with a huge bedroom, rumpus/living, ensuite, and its own access, ideal for extended family, guests, or even potential rental income.
A large kitchen is the central hub of the home and comes complete with 900mm gas cooktop, modern appliances, pantry and huge cupboard and bench space for storage. Large sliding door give access onto the amazing undercover outdoor entertaining area complemented with new eco decking. This area is perfect for hosting dinner parties with family and friends while overlooking the lake views that bless this property. Alternatively you may just like to sit and enjoy the peace and tranquillity or head downstairs and soak in your own heated spa to sooth the aches after a long day.
Other features include approval class 10A-1A downstairs, solar power, full crimsafe screens, keyed alike keys, ducted air-conditioning, split systems, ceiling fans, shutters, vergola, spa and much more. This is an extremely well maintained property and great opportunity to secure a fantastic easy care home which has so much to offer. Our motivated vendors are serious about selling and will consider all written offers. This is one you must inspect.
Call me now to arrange your own private viewing.
Listing description written by Vince Cosentino, Crasto Properties — reproduced as published, not verified by Districts.