OFF MARKET

2 Terrace Court
Merrimac QLD 4226

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 167m2
Land area: 717m2
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Property Details for 2 Terrace Ct, Merrimac

2 Terrace Ct, Merrimac is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1990. The property has a land size of 717m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
House
Year Built
1990
Floor Size
167m2
Land Size
717m2
Local Government
Gold Coast City
Lot/Plan
15/RP214677

Last Listing description (May 2018)

Houses with character like this don't come along very often and it is waiting for the perfect buyer to make this their home.
As you step inside this unique home you are greeted by a large open plan living/ dining area with cathedral ceilings making this the perfect entertaining area.
Step outside on to the surrounding deck and enjoy your evenings relaxing while overlooking the in ground pool and the Surfers Paradise skyline.

This fantastic location is close to great schools, shops, public transport and easy access to the M1.
Prominent Features
Master Bedroom with Ensuite
3 Further Bedrooms Upstairs with Built in Robes
Downstairs has a Large Bedroom with Ensuite
Large Kitchen with ample storage and gas stove
Open Plan Living
Two Outdoor Entertaining Areas
In Ground Swimming Pool
Solar Power
Full Fenced
Parking for 3 cars
717m2 Block

Property History for 2 Terrace Ct, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$550,000
03 Aug 2016
Listed for Rent
$380/w
20 May 2016
  • 03 Aug 2016
    Sold for $550,000
  • 05 May 2016
    Listed for Sale OFFERS OVER $549,000
  • 22 Mar 2016
    Listed for Rent $380 / week
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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 3,026 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:

  • 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.