SOLD
Sold on 27 Aug 2024 for $113,000

317/5 Bourton Road
Merrimac QLD 4226

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Land area: 51m2
Improve this data
Share
Save

Property Details for 317/5 Bourton Rd, Merrimac

317/5 Bourton Rd, Merrimac is a 1 bedroom, 1 bathroom Unit 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 August 2024. There are other 1 bedroom Unit sold in Merrimac in the last 12 months.

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

Last Listing description (August 2020)

Situated in the Bougainvillea Lodge ( & adjacent to Westminster Lodge) is this serviced, subsidised over 50,s single living retirement village.

Fully equipped single bedroom unit in a private tranquil environment and dining room facilities. Long term tenant, low maintenance property, and slightly larger than the standard units, on a corner position with air conditioning.

Public transport at the front, with buses to Robina Town Centre and Pacific Fair.

HIGH NET RETURNS - Better than the Banks! Perfect for the cashed- up Investor/trust/super fund. Investors Only!!

Financials:- Net Income after management fees and services, paid into your account - approximately $960 per month.
External Expenses - Body Corporate $60 p/w. rates approximately $720 half year.

To view this property contact me to view today

Show More

Property History for 317/5 Bourton Rd, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$113,000
27 Aug 2024
  • 27 Aug 2024
    Sold for $113,000
  • 08 Jul 2020
    Sold for $120,000
  • 22 Oct 2018
    Listed for Sale $125,000+ buyers
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 3,045 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 8 properties listed for rent in Merrimac on OnTheHouse. According to CoreLogic's data, 166 properties were sold in the past 12 months in Merrimac.

Merrimac Profile Page

Suburb Insights for Merrimac 4226

Visit Merrimac profile page
Market Insights
Merrimac Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Merrimac Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Merrimac profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED