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 › Macadie Way
$999,000
For sale
Asking
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
Asking
$999,000
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
-28.0%
Median sale
Suburb $1,388,000
+1.20 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.
$45,746 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 4.3%. 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.
Nearby
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 Grow&Co Property AgentsPositioned within the secure gated Edenvale community, this beautifully refreshed four-bedroom townhouse offers the perfect combination of modern comfort, generous space and low-maintenance living.
Recently updated throughout, the home features brand-new carpet to all bedrooms and the staircase, stylish blockout curtains and sheer curtains throughout every bedroom, new blockout blinds and sheer curtains to the living area, and LED lighting throughout, creating a fresh, contemporary feel from the moment you step inside.
Designed for practical family living, the spacious open-plan layout seamlessly connects the kitchen, living and dining areas before flowing to a private outdoor entertaining space, perfect for relaxing with family or hosting friends.
Upstairs, the generous master bedroom features a walk-in wardrobe and private ensuite, while three additional bedrooms are serviced by a well-appointed main bathroom with a bathtub, making the home ideal for growing families.
With air conditioning and ceiling fans throughout, quality modern updates and nothing left to do, this beautifully presented home is ready for you to move straight in and enjoy.
Property Features:
• Four generous bedrooms, including master with walk-in robe and ensuite
• Built-in wardrobes to all remaining bedrooms
• Main bathroom with bathtub plus downstairs powder room
• Spacious open-plan living and dining area
• Modern kitchen with quality appliances, generous bench space and ample storage
• Brand-new carpet to all bedrooms and staircase
• Blockout curtains and sheer curtains throughout all bedrooms
• New blockout blinds and sheer curtains to the living area
• Air conditioning in every bedroom (three recently replaced units)
• Air conditioning and ceiling fan in the main living area
• New ceiling fans and LED downlights throughout
• Recently replaced oven, cooktop and dishwasher
• Updated shower screens and modern bathroom fittings
• Private low-maintenance courtyard with covered outdoor entertaining area
• Spacious dedicated laundry room
• Separate downstairs storage room
• Secure garage with additional carport, providing parking for two vehicles.
Complex Features:
• Secure gated complex with intercom access
• Well maintained in-ground swimming pool
• Sheltered BBQ and entertaining areas
• Plenty of visitor parking throughout the complex
Estimated Outgoings:
• Body Corporate Levies: Only $94 per week
• Council Rates: Approximately $2,300 per annum
• Water & Sewerage: $301.60 last quarter
Investment Highlights:
• Rental Appraisal at $1000-$1050 per week
• Strong rental return in a high-demand Merrimac location
Location Highlights:
• Situated in the highly sought-after Edenvale community
• Minutes to Robina Town Centre, Worongary Town Centre and local shopping precincts
• Easy access to the M1 for Brisbane and Gold Coast commuters
• Close to quality schools, including All Saints Anglican School and Merrimac State School
• Nearby public transport, parks, walking trails and golf courses
• Approximately 15 minutes to Broadbeach and the Gold Coast's famous beaches
IMPORTANT: Whilst every care is taken in the preparation of this marketing material, Grow&Co Property Agents accepts no responsibility for any errors or omissions. Images may include digital staging, AI enhancements, lighting adjustments, or other alterations for marketing purposes. Whilst care is taken to ensure such enhancements do not materially alter the property's appearance, prospective purchasers and tenants should make their own enquiries and inspect the property in person to verify all information prior to proceeding.
Listing description written by Shelyn Yeap, Grow&Co Property Agents — reproduced as published, not verified by Districts.