3 Fairbank CourtMerrimac QLD 4226
Property Details for 3 Fairbank Ct, Merrimac
3 Fairbank Ct, Merrimac is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1999. The property has a land size of 331m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in April 2019.
Last Listing description (June 2020)
An ideal starter home for young families or excellent investment opportunity with established longstanding tenant, this well presented residence is peacefully nestled in a cul-de-sac adjoining leafy reserve. Ideally located within easy access of the M1, shops, schools and beaches, it offers a lot of bang for your dollar at an entry-level price. Don't delay, this will be snapped up quickly. - Generous living space opens to the rear terrace with leafy views - Separate dining area flows to a private side courtgarden - Tidy kitchen, modern bathroom with separate shower and bath - Double bedrooms with built-in wardrobes, main with ensuite - Set on 331sqm of with private near level rear lawns adjoining reserve - Easy commute to Brisbane on the M1 and minutes to beaches - Double lock-up garage, tiled flooring in living areas, ceiling fans - Currently leased for $460 per week and tenant happy to stay on - Prepared for your immediate comfort yet offers scope to add value
Property History for 3 Fairbank Ct, Merrimac, QLD 4226
- 16 Apr 2019Sold for $463,000
- 23 Jan 2019Listed for Sale $469,000
- 15 Dec 2008Sold for $400,000
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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 3,027 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.
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