OFF MARKET

1 Lakelands Drive
Merrimac QLD 4226

Bedrooms: 5
Bathrooms: 5
Car spaces: 3
Floor area: 353m2
Land area: 1349m2
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Property Details for Lot 1/1 Lakelands Dr, Merrimac

Lot 1/1 Lakelands Dr, Merrimac is a 5 bedroom, 5 bathroom House with 3 parking spaces and was built in 2006. The property has a land size of 1349m2 and floor size of 353m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
House
Year Built
2006
Floor Size
353m2
Land Size
1349m2
Local Government
Gold Coast City
Lot/Plan
1/SP162778

Last Listing description (June 2019)

Executive waterfront living with wide water and access to main river.

Architect designed 5 bedroom, 5 bathroom home in the exclusive Lakelands gated estate.


A home with street appeal, huge double storey void entry, modern design with luxurious up market finishes and a practical design that caters for all the family. Wide 1,349m2 allotment with 30 metres water frontage complete with boardwalk and air dock.

Feature include:

* Massive 1,349m2 waterfront allotment
* Triple garage with high end timber doors with electric gates
* Double storey entry void
* Sweeping timber entry void
* Spacious formal lounge dinning with its own covered outdoor area
* Modern square set cornice
* Highend timber shutters and roller blinds
* Light chocolate stone bench tops in Meile kitchen
* High end curve walls adding to the natural upmarket feel of the home
* Family room with wet bar
* Media room or 5th bedroom, choice is yours
* Massive master suite with balcony and wide water vista
* Every bedroom with its own ensuite
* 22 meter boardwalk plus air dock
* Access to community gym, pool and bbq area.

An upmarket opportunity for the astute buyer.

Property History for Lot 1/1 Lakelands Dr, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$1,480,000
16 May 2019
  • 16 May 2019
    Sold for $1,480,000
  • 28 Feb 2019
    Listed for Sale UNDER CONTRACT
  • 10 Dec 2014
    Transferred for $1,110,000
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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.

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.