OFF MARKET

50-58 Macadie Way
Merrimac QLD 4226

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 46300m2
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Last updated 11 Nov 2024
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Property Details for 50-58 Macadie Way, Merrimac

50-58 Macadie Way, Merrimac is a 1 bedroom, 1 bathroom Unit. The property has a land size of 46300m2.

Building Type
Unit
Land Size
46300m2
Local Government
Gold Coast City
Lot/Plan
101/SP248624

Last Listing description (October 2024)

Situated in an aged care facility this neat unit is perfect for retirees and people looking for a very quiet lifestyle.

This unit features:

FREE ELECTRICITY, GAS & WATER !

1 bedroom
1 bathroom
Large wrap around balcony
Each unit will have a designated car space (not under covered)
Air Conditioning
Ceiling Fans
Absolutely immaculate inside and out
Modern kitchen

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Property History for 50-58 Macadie Way, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Listed for Rent
$450/w
01 Oct 2024
  • 26 Sep 2024
    Listed for Rent $450 / week
  • 08 May 2023
    Listed for Rent - Price not available
  • 29 Jun 2021
    Listed for Rent $350 / week
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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.

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.