11/5 Bourton Rd, Merrimac is a 3 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1985. The property has a land size of 517m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Merrimac in the last 12 months.
INVESTMENT SPECIAL 'OVER 50'S RESORTnINVEST IN THIS QUALITY RENTAL ACCOMMODATION FOR THE OVER 50'S THAT OFFERS A GREAT RETURN AND GREAT POSITION IN MERRIMAC.
THIS 3 X 1 BEDROOM, AIR CONDITIONED AND FULLY FURNISHED UNIT IN NETTING OVER 8% RETURN AND WITH THIS TYPE OF ACCOMMODATION IN GREAT DEMAND CAN ONLY INCREASE IN VALUE.
* 3 BEDROOMS, 3 BATHROOMS
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 3,031 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:
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