OFF MARKET

10/40-48 Macadie Way
Merrimac QLD 4226

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 123m2
Land area: 164m2
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Property Details for 10/40-48 Macadie Way, Merrimac

10/40-48 Macadie Way, Merrimac is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 164m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
2013
Floor Size
123m2
Land Size
164m2
Local Government
Gold Coast City
Lot/Plan
10/SP260834

Last Listing description (July 2021)

"Parkgreen" is a complex of just 39 villas located in Merrimac. It is convenient to shops, schools and the M1 highway.

Features of this villa are:
- 4 Bedrooms (Master with Ensuite, WIR & Air-conditioning)

- Open-plan, tiled & air-conditioned living area
- Modern kitchen with stone bench tops
- Covered patio area
- Separate laundry
- Plenty of storage (room under stairs)
- Single lock up garage (remote) PLUS an additional open car space
- Modern ensuite & bathroom with stone bench tops & chrome tap fittings.
- Low Body Corporate
- Complex includes a swimming pool with undercover seating area and grassy play areas for the kids
- Located less than 3km from the M1 (highway) and five schools!
- Pet friendly (subject to body corporate approval)

If this is the opportunity you have been waiting for, please give Brandon Mackay a call today on 0404 164 011 to arrange your inspection!

Property History for 10/40-48 Macadie Way, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$525,000
13 May 2021
  • 13 May 2021
    Sold for $525,000
  • 27 Apr 2021
    Listed for Sale Offers over $499,000
  • 04 Sep 2013
    Sold for $415,900

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About Merrimac 4226

The size of Merrimac is approximately 9 square kilometres. It has 12 parks covering nearly 12.9% of total area. The population of Merrimac in 2011 was 6,320 people. By 2016 the population was 7,097 showing a population growth of 12.3% in the area during that time. The predominant age group in Merrimac is 30-39 years. Households in Merrimac are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrimac work in a trades occupation. In 2011, 57.1% of the homes in Merrimac were owner-occupied compared with 50.8% in 2016.

Merrimac has 3,027 properties. Over the last 5 years, Houses in Merrimac have seen a 80.52% increase in median value, while Units have seen a 83.03% increase. As at 31 October 2024:

  • The median value for Houses in Merrimac is $961,572 while the median value for Units is $686,717.
  • Houses have a median rent of $800 while Units have a median rent of $725.
There are currently 30 properties listed for sale, and 7 properties listed for rent in Merrimac on OnTheHouse. According to CoreLogic's data, 161 properties were sold in the past 12 months in Merrimac.

Suburb Insights for Merrimac 4226

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.