SOLD
Sold on 26 Jan 2024 for $600,000

31 Bourton Road
Merrimac QLD 4226

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 82m2
Land area: 92m2
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Property Details for Lot 4105/31 Bourton Rd, Merrimac

Lot 4105/31 Bourton Rd, Merrimac is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 92m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Merrimac in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
82m2
Land Size
92m2
Local Government
Gold Coast City
Lot/Plan
4105/SP287237

Last Listing description (November 2019)

This delightful apartment located on the first floor in building four of 'Sage Apartments' is facing East with views out over the parklands with some filtered city views and glorious morning sunshine - a perfect place to enjoy breakfast!
The owner of this near new property sadly has moved out due to work commitments and has had to rent the property out. The owners intentions were to keep it as an investment property but after purchasing another property they have decided that they would like to sell the apartment as soon as possible. This would be a great investment property with great tenants in place and low outgoings.
A great opportunity for the astute investor. Happy to discuss options also if you are an owner occupier looking to move into the home.

* Two bedrooms/two bathrooms on the first floor East facing unit in 'Sage Apartmentsn* Master bedroom with well appointed ensuite and walk in robe
* Spacious open plan living/dining with air-conditioning and an excellent floor plan
* Private and generous outdoor undercover entertaining area overlooking the parklands
* Well appointed kitchen with stainless steel appliances, large pantry, overhanging breakfast bar, electric cooktop, soft self close cupboards and drawers
* Approx floor size 92m
* Body corporate approx. $47 per week including building insurance
* Pet friendly but must have body corporate approval prior
* Currently rented to tenants paying $440 per week. Lease expiry 24th Sept 2019
* Near new apartment - approx. 18 months old, one vehicle car park allocated
* Close to Schools, shops, transport, M1, Mikes Kitchen, the Gold Coast Hinterland and a variety of shopping centres including Robina Shopping Centre
* Water rates approx- $345 per 3 months. Rates approx. $810.65 per 6 months
Merrimac is one of the newest suburbs on the Gold Coast, located inland of Mermaid Beach, 5 minutes west of Mermaid Waters and 10 km from Surfers Paradise
Merrimac retains a wonderful rural feel with many acreage properties. The recent new housing and building developments have brought along new shopping plazas, restaurants and practical stores. Merrimac State High School is a draw card to the area along with the very easy access to other regions being located just off the Pacific Motorway.
Merrimac lets you enjoy all the excitement of the Gold Coast with the theme parks on the Gold Coast corridor only 20 minutes drive north and a choice of 13 international golf courses and additional public courses in the vicinity.

Property History for Lot 4105/31 Bourton Rd, Merrimac, QLD 4226

A timeline of how this property has performed in the market
Last Sold
$600,000
26 Jan 2024
Listed for Rent
$450/w
20 Sep 2018
  • 26 Jan 2024
    Sold for $600,000
  • 13 Nov 2021
    Sold for $465,000
  • 20 Oct 2020
    Sold for $370,000
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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 3,026 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.
There are currently 28 properties listed for sale, and 5 properties listed for rent in Merrimac on OnTheHouse. According to CoreLogic's data, 160 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.