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QLD › Broadbeach Waters › Merrimac Blvd

38B Merrimac Blvd, Broadbeach Waters QLD 4218

House

$2,579,000

Last sold

18 Nov 2025

5

Bedrooms

3

Bathrooms

2

Car spaces

153 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,579,000 (18 Nov 2025).(Recorded sale)
  • FactLand 153 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Broadbeach Waters (last 5 years) with land size: median $3,731/m² of land (n=102). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$2,579,000

18 Nov 2025 · derived via latest_sale

Local land rate: recorded House sales in Broadbeach Waters (last 5 years) with land size have a median of $3,731/m² of land (n=102). Districts calculation from recorded sales — not a valuation.

Broadbeach Waters at a glance

9,122

People

$2,550,000

Median sale

$1,258/wk

Median rent

2.57%

Suburb gross yield

Median sale from 93 recorded sales (last 12 months) — a Districts calculation.

See the full Broadbeach Waters report →

Vs Broadbeach Waters

+1.1%

Median sale

Suburb $2,550,000

-0.03 pp

Gross yield

Suburb 2.57%

Suburb median $2,550,000 from 93 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Sold$2,579,00018 Nov 2025
  2. Listedprice unknowncompleted23 Oct 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $1,258/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Broadbeach Waters in one glance

Broadbeach Waters at a glance

9,122

People

$2,550,000

Median sale

$1,258/wk

Median rent

2.57%

Suburb gross yield

Median sale from 93 recorded sales (last 12 months) — a Districts calculation.

See the full Broadbeach Waters report →

Keep researching

  • Why Broadbeach Waters? Read the area thesis →
  • What else is on the market in Broadbeach Waters →
  • Other records on Merrimac Blvd →

Listing material

Listed by Ray White Main Beach

Luxurious Tri-Level Entertainer - Highly Sought-After Location - Will Sell Prior to Auction!

Sprawling across three luxurious levels and located only moments from some of the Gold Coast's best beaches and entertainment precincts, a prestigious free-standing residence ready for new owners. Boasting a huge entertainers rooftop terrace with unmatched city skyline and hinterland views, this property is not to be missed.

Featuring polished concrete floors, the main living level flows seamlessly from indoors to out. A large gourmet kitchen equipped with butlers pantry, high-end SMEG appliances, stone top island bench with breakfast bar, adjoining the open plan living and dining areas. This flows to your alfresco entertaining area, fitted with an outdoor kitchen overlooking the sparkling inground waterfront pool, ideal for hosting family and friends all year round.

Built with the family in mind, upstairs you'll find a huge waterside master bedroom with incredible city views and huge WIR and luxurious ensuite. The additional generously sized 3 bedrooms all fitted with built in robes, ceiling fans, ducted air conditioning share a large bathroom with separate toilet and vanities catering to all families. Additionally, a downstairs 5th bedroom or home office. On top, a second living room, teenagers retreat and powder room plus your very own private rooftop terrace.

Read the full description

Nestled in the highly sought after suburb of Broadbeach Waters, this home is supremely located only a short walk to the beach, Pacific Fair Shopping Centre, The Star Casino & Hotel, Gold Coast Light Rail Stop, Broadbeach dining and entertainment precinct, local schools, golf courses and more.

This is a fantastic opportunity to secure your own centrally located modern family entertainer with nothing left to do but move in. All written offers prior to auction will be considered. Extremely motivated sellers, inspect today as this property will not last!

Property Features:

• Luxurious waterfront family entertainer

• Modern stand-alone tri-level residence

• Open plan kitchen, living flowing seamlessly to outdoor waterside entertaining

• 3 levels of living including a stunning rooftop entertaining area

• Huge master bedroom with private balcony, city and water views, WIR plus ensuite

• 4 additional bedrooms or 3 plus a home office

• Ducted air-conditioning throughout

• Inground sparkling waterside pool

• Secure off street parking for 2 cars

• Potential for a shared pontoon (subject to approval*)

• Central location moments from the beaches, local schools, restaurants, cafes and shopping centres

• Owners asking for all offers to be submitted prior to auction!

• Don't miss this golden opportunity - blue chip property

• Inspect today as this home will not last long!

Location Features:

• 1.1km - Star Casino Gold Coast

• 1.2km - Gold Coast Convention Centre

• 1.5km - Broadbeach dining & entertaining centre

• 1.5km - The Oasis Shopping Centre

• 1.7km - Broadbeach State School

• 1.8km - Gold Coast Light Rail Stop

• 2.0km - Kurrawa Beach

• 2.3km - Merrimac State High School

• 2.7km - Pacific Fair Shopping Centre

• 3.3km - Q Store Shopping Centre

• 4.3km - Via Roma on Capri Shopping Centre

• 5.8km - Lakelands Golf Course

• 5.9km - Palm Meadows Golf Course

Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

Auction:

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Listing description written by Keegan Shaw, Ray White Main Beach — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.