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 › Inwood Circuit
$945,000
Last sold
18 Jan 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
360 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
$945,000
18 Jan 2024 · 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
-31.9%
Median sale
Suburb $1,388,000
+1.45 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 Social Real Estate AgentsWelcome to the epitome of family living at 33 Inwood Circuit, Merrimac. This immaculate 3-bedroom, 2-bathroom home offers a perfect blend of comfort and convenience in a family-friendly locale. Nestled approximately 80 meters from a local park with a children's playground, this residence ensures your family's recreation is just steps away.
Step inside to discover a spacious interior flooded with natural light, complemented by a well-thought-out floor plan. The three bedrooms, including a luxurious master suite, provide privacy and comfort. The two modern bathrooms cater to both convenience and style, meeting the demands of a busy family lifestyle.
The home boasts air conditioning units thoughtfully placed throughout, allowing you to stay comfortable year-round. Adding to the appeal of this residence is the environmentally conscious feature of solar panels, contributing to reduced energy costs and a smaller environmental footprint.
The fenced backyard creates a secure space for children and pets to play freely, while an outdoor deck beckons for family gatherings and entertaining. Further enhancing the property is a double lock-up garage, offering secure parking and storage.
Situated in a prime Merrimac location, this home offers easy access to schools, shopping centers, and major transport links. Enjoy the convenience of being just a short 10-minute drive to local beaches, restaurants, and the renowned Pacific Fair shopping center. With excellent proximity to the M1, commuting is a breeze, making this residence a perfect hub for both work and leisure.
- 3 Bedrooms, 2 Bathrooms: Perfect for family living, offering privacy and comfort.
- Air Conditioning Units: Strategically placed for year-round comfort.
- Solar Panels: Embrace eco-friendly living and reduce energy costs.
- Spacious Interior: Flooded with natural light, designed for modern family living.
- Fenced Backyard: Secure space for children and pets to play freely.
- New flooring & carpet as well as a freshly painted exterior.
- Outdoor Deck: Ideal for family gatherings and entertaining.
- Double Lock-Up Garage: Secure parking and additional storage.
- Great Location: Easy access to the M1, approx. 10 min drive to local beaches, restaurants, and Pacific Fair shopping center.
-Land size 360 m2
Don't miss the chance to call this property your home sweet home. Seize this opportunity to elevate your family's lifestyle in this meticulously designed and conveniently located residence
Listing description written by Nick Jamieson, Social Real Estate Agents — reproduced as published, not verified by Districts.
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