OFF MARKET

307/5 Bourton Road
Merrimac QLD 4226

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 51m2
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Last updated 11 Nov 2024
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Property Details for 307/5 Bourton Rd, Merrimac

307/5 Bourton Rd, Merrimac is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 51m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in June 2015.

Building Type
Unit
Year Built
2008
Floor Size
52m2
Land Size
51m2
Local Government
Gold Coast City
Lot/Plan
307/SP211580

Last Listing description (February 2016)

SOLD BY HARCOURTS ROBINA/VARSITY
Over 50's single pensioner living - 'Bougainvillea Lodge' offers fully equipped and single bedroom units in a private tranquil environment. Complete with a long term tenant. Tenancy rate is 100% full with a huge waiting list.
Residents are fully catered for with 3 home style meals per day. The meals include breakfast, lunch with dessert and a pre packed evening meal that can be enjoyed in the unit. The social dining area is available from 7a daily.

- Fully furnished unit - Asset list of furnishings/equipment
- Quiet, private landscaped settings
- Single bedroom, built in robe, ensuited bathroom, split system Air Conditioning
- Long term tenant currently rented for $374 per week
- Close to public transport

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Property History for 307/5 Bourton Rd, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$105,000
12 Jun 2015
  • 12 Jun 2015
    Sold for $105,000
  • 23 Jan 2013
    Listed for Sale $115,000
  • 28 Nov 2007
    Sold for $122,000

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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.
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.

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