OFF MARKET

11/40-48 Macadie Way
Merrimac QLD 4226

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 122m2
Land area: 164m2
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Property Details for 11/40-48 Macadie Way, Merrimac

11/40-48 Macadie Way, Merrimac is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2013. The property has a land size of 164m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Townhouse
Year Built
2013
Floor Size
122m2
Land Size
164m2
Local Government
Gold Coast City
Lot/Plan
11/SP260834

Last Listing description (May 2017)

'Parkgreen' is a complex of just 39 villas and features a swimming pool with an undercover seating area, luscious gardens and a grassy oval for the residents to enjoy. Located in Merrimac, this property is convenient to nearby shops, schools and the M1 highway.
Currently tenanted at $460 per week this property will appeal to the astute investor.
Features of this villa are:

- End unit (only ONE shared wall)
- 4 Large Bedrooms (Master with Ensuite, WIR & Air-conditioning)
- Open-plan, tiled & air-conditioned living area
- Modern kitchen with stone bench tops and stainless steel appliances (Including dishwasher)
- Covered patio
- 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
- Close to the pool
- Currently tenanted at $460 per week until September, 2017
- Body Corporate approximately $55 per week
- 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!

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Property History for 11/40-48 Macadie Way, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$576,500
06 Sep 2021
  • 06 Sep 2021
    Sold for $576,500
  • 20 Apr 2017
    Sold for $427,000
  • 16 Mar 2017
    Listed for Sale $439,000 Negotiable
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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 3,046 properties. Over the last 5 years, Houses in Merrimac have seen a 88.29% increase in median value, while Units have seen a 76.72% increase. As at 30 September 2024:

  • The median value for Houses in Merrimac is $979,313 while the median value for Units is $661,387.
  • Houses have a median rent of $775 while Units have a median rent of $690.
There are currently 32 properties listed for sale, and 9 properties listed for rent in Merrimac on OnTheHouse. According to CoreLogic's data, 166 properties were sold in the past 12 months in Merrimac.

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