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 › Bourton Rd
$949,000
For sale
Asking
3
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
Asking
$949,000
Asking
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
-31.6%
Median sale
Suburb $1,388,000
+1.43 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.
$43,263 on top of the price (4.6% 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 4.5%. 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 Ray White TMGThe owners have gone above and beyond to prepare this beautiful home for its next lucky owner. Freshly painted with new flooring and a renovated upstairs bathroom, there is very little left to do except move in, unpack and enjoy. Positioned within the highly sought-after "Merrimac Heights" estate, the thoughtfully designed layout offers outstanding flexibility for first-home buyers, families and investors alike.
Set across two spacious levels, the home features three generous bedrooms, with two enjoying ensuite access. The privately positioned downstairs bedroom is separated from the others, making it ideal for guests, teenagers, extended family or anyone seeking their own comfortable retreat. The welcoming open-plan living, dining and kitchen area flows effortlessly to the private backyard. There is plenty of room for children to play, a furry friend to enjoy the outdoors, or for you to simply relax and entertain in your own peaceful space.
Adding even more versatility is a separate multipurpose room downstairs. Let your imagination guide you-similar spaces within the complex have been transformed into home offices, additional living rooms, creative studios, hobby rooms and private retreats. The upstairs balcony captures beautiful hinterland views and provides the perfect place to enjoy your morning coffee or unwind while watching the afternoon sunset.
Whether you are searching for your first home, a low-maintenance investment or a flexible property that can accommodate a growing or multigenerational family, this beautifully presented townhouse is ready to welcome you home.
Property features:
* Spacious two-level townhouse
* Freshly painted throughout
* New flooring
• Three generous bedrooms
• Two bedrooms with ensuite access
• Privately positioned downstairs bedroom
• Renovated upstairs bathroom
• Welcoming open-plan living, dining and kitchen
• Separate downstairs multipurpose room
• Ideal for a home office, studio, retreat or second living area
• Private backyard with room for children and pets
• Hinterland outlook from the upstairs balcony
• Ceiling fans and air conditioning
• Security screens
• Additional storage underneath the home
• Single lock-up garage
Investor information:
• Rental appraisal: $795 -$850 per week
• Body corporate: Approximately $87 per week
• Council rates: Approximately $2,200 per annum
• Water costs: Approximately $979.44 per annum, excluding usage
Estate and location features:
• Two residents' swimming pools
• Two tennis courts
• BBQ and entertaining facilities
• Minutes from Star of the Sea Primary School, St Michael's College, All Saints Anglican School and Merrimac State School
• Approximately 10 minutes from Robina Town Centre, Robina Hospital and Cbus Super Stadium
• Approximately 15 minutes from Gold Coast beaches
• Close to Lakelands, Palm Meadows and The Glades golf courses
• Convenient access to the M1, public transport and local amenities
Set within a friendly, established community, Merrimac Heights offers an ideal combination of lifestyle, convenience and connectivity in one of the Gold Coast's most central locations.
Disclaimer: 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. In preparing this information for this property 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. Any photographs show only certain parts of the property as it appeared at the time they were taken. Areas, amounts, measurements, distances and all other numerical information is approximate only. Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.
Some marketing images may include virtual furniture, AI-assisted enhancements or other digital alterations for presentation purposes. These images are provided as a visual guide only and may not reflect the property's current presentation. Interested parties should rely on their own inspection and make their own enquiries.
Listing description written by Candice Jewson, Ray White TMG — reproduced as published, not verified by Districts.
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