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QLD › Merrimac › Ghilgai Rd

U78, 2-6 Ghilgai Rd, Merrimac QLD 4226

For saleSemi-detached

$939,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $939,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $939,000(Listing record · 25 Aug 2026)
  • CalculationAsk is 32% below the Merrimac median recorded sale ($1,388,000, n=10, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Merrimac's advertised median rent ($825/wk), implied gross yield would be 4.57% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$939,000

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.

See the full Merrimac report →

Vs Merrimac

-32.3%

Median sale

Suburb $1,388,000

+1.48 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.

Total cost to purchase

Purchase Price
$939,000
Stamp Duty (Queensland)
$35,280
Transfer/Registration Fee
$3,787
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$981,767

$42,767 on top of the price (4.6% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Merrimac's advertised median rent — not a rent for this listing.

Net yield
3.07%
Annual cashflow (pre-tax)
$-20,013
Interest cover (DSCR)
0.59
Annual rent
$42,900
Operating expenses
$14,085
Loan amount
$751,200
Annual interest
$48,828
Gross yield
4.57%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$939,000available25 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.6%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Merrimac in one glance

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.

See the full Merrimac report →

Keep researching

  • Why Merrimac? Read the area thesis →
  • What else is on the market in Merrimac →
  • Other records on Ghilgai Rd →

Listing material

Listed by GoldCoast Real Estate Agents

3 Bedroom Home Single-Level Gated Merrimac Living

3-bedroom, 2-bathroom single-level residence with a single lock-up garage plus additional parking. Approx. 128 sqm internal, private rear yard approx. 6 m x 13 m, gated community with in-complex pool.

- Single-level, all ground-floor layout — no stairs

- End-of-block position (one of four) — one shared wall, added privacy

Read the full description

- 3 bedrooms, all with built-in robes and ceiling fans & air conditioning

- Freshly painted through out

- Lighting recently upgraded throughout

- 2 full bathrooms — ensuite to the master, plus a main bathroom with bathtub, New W/C's

- Open-plan living area

- Private rear yard, approx. 6 m x 13 m

- Single lock-up garage, plus a driveway space and three complex-allocated guest spaces directly out front

- Gated community with security gates and an in-complex pool

- Onsite Complex Manager

- Presented in excellent condition throughout

- Complex facilities include Sauna, Resort style pool, Gym, Confrence room and BBQ 's

This is a single-level, ground-floor home set on the end of its block of four within a secure, gated Merrimac complex. With no internal stairs and only one shared wall on the attached side, it offers easy, accessible living and a level of privacy that end-of-block homes hold onto. Three built-in bedrooms, two full bathrooms, open-plan living and a genuinely usable private rear yard make it a practical, low-fuss home — while the parking arrangement is a standout in its own right.

The home is built around a practical single-level footprint that keeps daily living simple and accessible. The living area is open-plan, flowing through the central part of the home, with durable vinyl flooring laid to the high-traffic zones and tiling to the wet areas. Carpet is reserved for the three bedrooms, keeping them quiet and comfortable underfoot.

The master bedroom includes a private ensuite and split-system air conditioning, while all three bedrooms are fitted with built-in robes and ceiling fans. The main bathroom is designed for everyday family use, with a full bathtub and built-in storage cabinetry.

FINISHING TOUCHES

Throughout the home, window furnishings have been finished to a high standard — sheer and block-out curtains combined across the rooms, all presented in excellent condition. Ceiling fans run through the living and bedroom spaces, and the overall presentation is move-in ready.

The rear yard is the finishing touch most buyers of attached homes go without. At roughly 6 m x 13 m, it's a real backyard — room for a table and chairs, a garden, pets or children to play — privately positioned at the end of the block.

LOCATION ADVANTAGES

Merrimac sits in the central region of the Gold Coast, positioned between Nerang, Robina and the Broadbeach beachside precinct, roughly 10 km south-west of Surfers Paradise. It's a well-serviced residential suburb with schools, parks and shopping all within a short drive, and quick access to the Pacific Motorway for travel north or south.

For this home specifically, the position is convenient without being on a main road: local schools and parks sit within one to two kilometres, everyday grocery shopping is a few minutes away at Worongary, and two of the coast's major shopping and dining destinations — Robina Town Centre and Pacific Fair — are both reachable in around ten minutes by car.

POINTS OF INTEREST NEARBY

- Star of the Sea School — approx. 0.4 km, approx. 1 min drive

- St Michael's College — approx. 0.7 km, approx. 2 min drive

- Faerie Park (playground) — approx. 0.7 km, approx. 2 min drive

- Merrimac State School — approx. 1.6 km, approx. 3 min drive

- Stoner Family Park — approx. 1.7 km, approx. 3 min drive

- Worongary Town Centre (Coles) — approx. 1.7 km, approx. 4 min drive

- Woolworths Carrara — approx. 4.3 km, approx. 6 min drive

- Robina State High School — approx. 5.6 km, approx. 7 min drive

- Pacific Fair Shopping Centre — approx. 7.3 km, approx. 9 min drive

- Robina Town Centre — approx. 7.7 km, approx. 10 min drive

WHY YOU'LL LOVE THIS HOME

Single-level, attached homes with a private backyard and this much parking are not easy to find. The end-of-block position means you share just one wall, with the added light and privacy that corner placement brings — and because everything is on one level, it suits buyers who simply don't want to deal with stairs, whether that's downsizers, families with young children, or anyone valuing accessible living.

The parking alone sets it apart: a single lock-up garage, your own driveway space, and three complex-allocated guest spaces sitting directly in front of the home. For a household with more than one car, or one that regularly has visitors, that's a rare and genuinely useful advantage in a gated setting. Add the in-complex pool, the secure gated entry and the private rear yard, and it delivers the low-maintenance benefits of complex living without giving up the space of a standalone home.

BUYER QUESTIONS ANSWERED

Is this home single-level?

Yes. The home is entirely single-level and ground-floor, with no internal stairs. It's one of the single-storey homes in the complex, distinct from the two-level townhomes.

How many car spaces does it have?

It has a single lock-up garage plus a driveway space, and there are three complex-allocated guest parking spaces positioned directly in front of the home — a generous parking arrangement for an attached residence.

Does it have a private yard?

Yes. There's a private rear yard of approximately 6 m x 13 m — a real, usable backyard, which is uncommon for homes of this type.

What schools are close by?

Star of the Sea School and St Michael's College are both within about a kilometre, and Merrimac State School is roughly 1.6 km away. Merrimac State High School serves the wider area. Catchment zones are set by address, so buyers should confirm their specific state school catchment using the Queensland Government's EdMap tool.

What shopping is nearby?

Everyday groceries are a few minutes away at Worongary Town Centre (Coles), with Woolworths Carrara around six minutes by car. For major retail and dining, both Robina Town Centre and Pacific Fair are around ten minutes' drive.

LIFESTYLE AND CONVENIENCE

Day to day, this is an easy home to live in. Groceries, schools and parks are all a short drive away, the gated complex adds security and a pool without the upkeep of your own, and the private yard gives you somewhere of your own outdoors. With the Pacific Motorway close by and two major shopping precincts within about ten minutes, you're centrally placed to move around the Gold Coast while coming home to a quiet, low-maintenance setting.

Listing description written by David Jones, GoldCoast Real Estate Agents — reproduced as published, not verified by Districts.

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