SOLD
Sold on 26 Jul 2024 for $200,000

11/5 Bourton Road
Merrimac QLD 4226

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Floor area: 132m2
Land area: 517m2
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Property Details for 11/5 Bourton Rd, Merrimac

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.

Building Type
Unit
Year Built
1985
Floor Size
132m2
Land Size
517m2
Local Government
Gold Coast City
Lot/Plan
11/SP131370

Last Listing description (March 2009)

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

* COMMUNAL FACILITIES INCLUDING DINING AND LOUNGE
* COMMUNAL KITCHEN AND LIBRARY
* MEALS PROVIDED
* PUBLIC TRANSPORT
* CURRENTLY TENANTED
IF YOU WOULD LIKE ANY FURTHER INFORMATION IN REGARDS TO THIS PROPERTY OR IF YOU WOULD LIKE AN APPRAISAL ON YOUR OWN HOME, PLEASE CONTACT LES HEAP ON 0437 447 574 OR AT LES.HEAP@RAYWHITE.COM
ADDITIONAL FEATURE - BUILT-IN WARDROBES.

Property History for 11/5 Bourton Rd, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$200,000
26 Jul 2024
  • 26 Jul 2024
    Sold for $200,000
  • 23 Sep 2021
    Sold for $217,000
  • 21 Apr 2009
    Sold for $190,000
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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 3,031 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:

  • 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 29 properties listed for sale, and 10 properties listed for rent in Merrimac on OnTheHouse. According to CoreLogic's data, 157 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.