308/5 Bourton RoadMerrimac QLD 4226
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.
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.
- 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
- 04 Feb 2016Sold for $120,000
- 05 Aug 2013Sold for $120,000
- 23 Jan 2013Listed for Sale $130,000
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0About 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.
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