150/10 Ghilgai Rd, Merrimac is a 3 bedroom, 3 bathroom Townhouse with 1 parking spaces and was built in 1999. The property has a land size of 82m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
With both the rental and sales market booming on the Gold Coast, now could be the ideal time to buy an investment property to lock in future capital growth and also take advantage of the increased demand for rental properties!
Located on the east side of the M1, and just north of Robina, the location is ideal for those looking for a high yielding investment property, first home or even downsizing.
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 3,026 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:
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