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 › Nicklaus Ct
$2,460,000
For sale
Asking
5
Bedrooms
3
Bathrooms
2
Car spaces
728 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
Asking
$2,460,000
Asking · $3,379/m² of land
No recorded sale for this property.
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
+77.2%
Median sale
Suburb $1,388,000
-1.35 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.
$136,539 on top of the price (5.6% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Merrimac's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 1.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 John Reid Real EstatePositioned within the secure Lakelands Golf Course estate, this north-east facing residence occupies a generous 728m2 parcel, enjoying a private outlook across the lake to the renowned Jack Nicklaus designed course. Spanning two levels, the home is defined by natural light, with a considered blend of fresh interiors and warm timber elements creating an easy, relaxed feel throughout.
The layout is designed for flexibility and connection, with multiple living zones across both levels and seamless indoor-outdoor flow. At the heart of the home, a newly renovated kitchen with island bench anchors the upper level, opening to a private balcony that captures the tranquil lake and golf course backdrop. Five well-proportioned bedrooms are complemented by three modern bathrooms, including a spacious master suite with walk-in robe and ensuite. Downstairs, a secondary living zone with kitchenette creates an ideal retreat for guests or teenagers, while the addition of a dedicated wellness space with sauna brings a lifestyle edge to everyday living.
Outdoors, the home is framed by low-maintenance gardens and an inviting alfresco setting, designed for relaxed entertaining in complete privacy. Set within a gated community with access to resort-style amenities including a pool, gym and direct access to the golf course, the location offers both convenience and lifestyle, just moments from major shopping, schools, the M1 and the coastline.
Features
- 728m2 north-east facing parcel with lake and golf course outlook
- Secure gated Lakelands Golf Course estate
- Double-storey design with multiple living zones
- Newly renovated kitchen with island bench, servery window and quality Bosch appliances
- Custom bar addition to dining/living zone
- Five generous bedrooms, including spacious master with walk-in robe and ensuite
- Three modern bathrooms plus powder
- Downstairs living with kitchenette, ideal for guests or teenagers
- Wellness retreat with sauna
- Private upstairs balcony overlooking the golf course
- Covered alfresco area with easy indoor-outdoor flow
- Low-maintenance landscaped gardens and secure yard spaces
- Brand new Daikin air-conditioning system
- Security camera system
- 4.6kW solar power system
- Oversized double garage with internal access
- Access to estate pool, gym and golf course
Suburb profile:
Residents say they love the area as it is so close to the M1 Motorway, providing easy access to all that our beautiful Gold Coast has to offer! It is an affordable and family orientated area with a range of fantastic school and there are lots of parks for the kids to play and dogs to run around in. It is walking distance to public transport, Worongary Shopping Village and a range of restaurants, child care and medical centre/chemist. Young couples, families and retirees are attracted to Merrimac. For downsizers, there are smaller blocks but the suburb also offers houses on bigger blocks with great views.
Listing description written by Dan Perry, John Reid Real Estate — reproduced as published, not verified by Districts.