Palmwoods at a glance
7,988
People
$1,200,000
Median sale
$884/wk
Median rent
3.83%
Suburb gross yield
Median sale from 90 recorded sales (last 12 months) — a Districts calculation.
QLD › Palmwoods › Merriman Ct
$1,090,000
Last sold
25 Feb 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
813 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
$1,090,000
25 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Palmwoods (last 5 years) with land size have a median of $1,370/m² of land (n=138). Districts calculation from recorded sales — not a valuation.
Palmwoods at a glance
7,988
People
$1,200,000
Median sale
$884/wk
Median rent
3.83%
Suburb gross yield
Median sale from 90 recorded sales (last 12 months) — a Districts calculation.
Vs Palmwoods
-9.2%
Median sale
Suburb $1,200,000
+0.39 pp
Gross yield
Suburb 3.83%
Suburb median $1,200,000 from 90 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 $884/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
Palmwoods at a glance
7,988
People
$1,200,000
Median sale
$884/wk
Median rent
3.83%
Suburb gross yield
Median sale from 90 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by RE/MAX Property SalesPrivate, Resort-Style Living with Scale, Soul & Serious Entertaining
Tucked away in a peaceful cul-de-sac and backing onto council land with a natural creek and bushland beyond, 6 Merriman Court, Palmwoods is one of those homes that truly needs to be experienced to be appreciated.
Inspired by Tuscan and tropical design, the home has been purposely crafted to embrace its surroundings - with large windows framing greenery from every living space and a layout that prioritises flow, space, and connection to the outdoors.
At the heart of the home is a generous central kitchen and living zone that opens seamlessly onto an expansive covered timber deck. This is an entertainer's dream. Whether it's relaxed afternoons in the spa, hosting friends for State of Origin, or enjoying outdoor movie nights in the dedicated cinema space, this is a home designed for gathering and making memories.
Inside, the scale immediately surprises. The dining room is large enough to comfortably accommodate a full-size pool table, reinforcing that this is far from a typical three-bedroom home. Multiple living areas provide flexibility for families, entertainers, or those wanting room to spread out.
Accommodation includes three oversized bedrooms, with the master featuring a walk-in robe and ensuite. The remaining bedrooms are impressively proportioned, serviced by a central bathroom and separate toilet.
Set on a fully fenced corner block, the property offers excellent privacy, room for kids to explore, and ample space for a pool, boat, trailer, or additional toys. With council land at the rear and abundant wildlife nearby, the setting feels private and immersed in nature - yet you're still within walking distance to Palmwoods township, schools, rail, and local cafés.
This is a home with warmth, personality, and a lifestyle edge that's becoming increasingly hard to find.
Key Features:
• Quiet cul-de-sac position within walking distance to Palmwoods township
• Private bushland backdrop with council land and creek beyond
• Expansive covered timber deck with spa
• Dedicated outdoor cinema / entertaining zone
• Oversized dining room suitable for a full-size pool table
• Three large bedrooms, including master with ensuite & walk-in robe
• Central kitchen flowing to multiple living areas
• Fully fenced corner block with excellent privacy
• Room for pool, boat, trailer or additional parking
• A home that offers genuine space, character, and lifestyle appeal
This is a genuine opportunity to buy a one of a kind property. Call Wes now for more information and organise your opportunity to buy.
*Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Listing description written by Wesley Botha, RE/MAX Property Sales — reproduced as published, not verified by Districts.
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