OFF MARKET

308/5 Bourton Road
Merrimac QLD 4226

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 51m2
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Property Details for 308/5 Bourton Rd, Merrimac

308/5 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 February 2016.

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

Last Listing description (August 2013)

Investors Where Are You? Great Rental Returns!
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 $350 per week
- Close to public transport
Additional feature/s - Property condition: Excellent Property Type: Retirement living Construction: Brick Roof: Tile.

Property History for 308/5 Bourton Rd, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$120,000
04 Feb 2016
  • 04 Feb 2016
    Sold for $120,000
  • 05 Aug 2013
    Sold for $120,000
  • 23 Jan 2013
    Listed for Sale $130,000
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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 3,046 properties. Over the last 5 years, Houses in Merrimac have seen a 88.29% increase in median value, while Units have seen a 76.72% increase. As at 30 September 2024:

  • The median value for Houses in Merrimac is $979,313 while the median value for Units is $661,387.
  • Houses have a median rent of $775 while Units have a median rent of $690.
There are currently 32 properties listed for sale, and 9 properties listed for rent in Merrimac on OnTheHouse. According to CoreLogic's data, 166 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.