SOLD
Sold on 17 Jun 2024 for $200,000

229/5 Bourton Road
Merrimac QLD 4226

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 32m2
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Property Details for 229/5 Bourton Rd, Merrimac

229/5 Bourton Rd, Merrimac is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 32m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Merrimac in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
52m2
Land Size
32m2
Local Government
Gold Coast City
Lot/Plan
225/SP191528

Property History for 229/5 Bourton Rd, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$200,000
17 Jun 2024
  • 17 Jun 2024
    Sold for $200,000
  • 20 Nov 2021
    Sold for $240,000
  • 17 Apr 2007
    Sold for $244,000

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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 3,030 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 31 properties listed for sale, and 8 properties listed for rent in Merrimac on OnTheHouse. According to CoreLogic's data, 154 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.