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
$1,252,000
Last sold
16 Mar 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
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
$1,252,000
16 Mar 2023 · derived via latest_sale
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
-9.8%
Median sale
Suburb $1,388,000
+0.34 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 RE/MAX Regency Gold CoastSpanning over 3 levels this large modern residence offers space, privacy and amazing views in a secure, central Gold Coast location. Feed the ducks from your back yard, enjoy a hit of golf at Lakelands Golf Course or use the gym and pool, maintained immaculately for residents only, just a short stroll away.
I will be hosting a LIVE Digital Open Home of this property on my FACEBOOK & INSTAGRAM page: Search "Ben Williams REMAX Real Estate" to view & access this and many more off market-coming soon property's in this local area.
Built with the Gold Coast lifestyle in mind there are large outdoor living areas, a low maintenance yard (more time for boating and golf) and large doors and windows that open fully to bring the outside in.
Conveniently located close to the M1, private and public schools, world class golf courses - with Broadbeach and Robina only a short drive away.
* 4 large bedrooms - all with built-in robes, 2 with balconies
* 2 bathrooms plus powder room (3 toilets)
* Spacious open plan living and dining area
* Modern entertainer's kitchen with stainless steel appliances
* Large sliding doors to allow maximum light and airflow into the property
* Massive outdoor entertainment deck overlooking water and golf course
* BC & building insurance approx total is $110 per week.
* Air-conditioning
* High ceilings
* Dual living potential
* Copious storage, enough for all the most active sportspeople with a basement rumpus to suit all the kids, large and small
* Secure gated complex
* Boatable water with main river access
* Double lock up garage
Resort style facilities include sparkling swimming pool, gym, function room, BBQ area, beautifully landscaped gardens and walking tracks along the golf course.
Properties in this area get snapped up quickly and Incredible VALUE is on offer so don't hesitate to attend the open home as this lovely home MUST and will be SOLD!
Contact multi award winning local agent Ben Williams on 0435780117 for more details.
This property is being sold 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.
We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Ben Williams, RE/MAX Regency Gold Coast — reproduced as published, not verified by Districts.