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.
$1,376,000
Last sold
19 May 2026
6
Bedrooms
3
Bathrooms
1
Car spaces
734 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
$1,376,000
19 May 2026 · 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 PropertiesPositioned in a peaceful and tightly held pocket of Merrimac, 6 Alter Court presents a rare and versatile opportunity to secure a north facing 5 bedroom 2 bathroom spacious family brick and tile residence with views to Surfers PLUS a fully self-contained generously sized granny flat with its own separate entrance. Offering space, flexibility and outstanding long-term value for both investors and families looking for dual-living capability.
The main residence comprises 5 bedrooms all with mirrored sliding door BIRs and a family bathroom with a separate toilet, complemented by a separate second lounge/media room. The master bedroom benefiting from its own ensuite and walk-in robe. The open-plan kitchen, dining and family area flows seamlessly to the outdoor low maintenance covered entertaining area with pool, providing distinct spaces for relaxation, entertaining and everyday living.
A standout feature of this home is the purpose-built council-registered fully self-contained granny flat, complete with its own private front and rear entrances. Offering a separate bedroom with walk-in robe and ensuite, open-plan living, and full kitchen, this space is ideal for extended family, guests or secure bonus rental income.
Combined, this property delivers six bedrooms and three bathrooms across both dwellings including solar power, home insulation, reverse cycle air conditioning, and ceiling fans in all bedrooms, for added comfort and efficiency throughout.
Located in a quiet cul-de-sac, the home enjoys tranquility and privacy whilst remaining exceptionally close to everything. Walking distance to All Saints Anglican School, great access to public transport, buses at your doorstep, the new Merrimac Train Station, Robina Train Station, Robina Town Centre, Robina Hospital, sporting precincts and CBus Stadium, the M1, and Broadbeach, Pacific Fair and beaches all just a short drive away.
Property Highlights
* Single level brick and tile home on an elevated, north-facing block
* 5-bedroom, 2-bathroom main residence
* Fully self-contained 1-bedroom granny flat with private access
* Council-approved dual living
* Solar power system
* Air conditioning, ceiling fans & built-in wardrobes
* Inground Pool and covered outdoor entertaining area
* Quiet cul-de-sac location
* Minutes to Robina Hospital
* Walking distance to All Saints Anglican School
Rental estimates:
Main house: $950-$1,000
Granny Flat: $550pw
A rare combination of space, adaptable dual-living, and location - this is a home designed to evolve with your lifestyle and deliver lasting value well into the future.
Building size 255m2
Land size: 734m2
Living areas: 3
Ensuites: 2
Toilets: 3
Listing description written by Cathy Kerr, Crasto Properties — reproduced as published, not verified by Districts.