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150 Elbow Road,
Merlwood QLD 4605

This property is Off Market

All about Merlwood Homes for sale in Merlwood


  • The Average property price in this area is $313,420, this is based on recent transactions.
  • Internet speed Download 25 Mbps / Upload 5 Mbps
  • Distance to the coast 111.53 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Kingaroy Region - North

With an average age of 52, households expect an average monthly mortgage payment of $1,148 or a weekly rent payment of $230. The average family earns a weekly income of $1,525 with a typical household size of 2.6 and a 92.86% employment rate.

In Merlwood there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Merlwood is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Merlwood changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Merlwood necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Merlwood we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Merlwood a better buying opportunity than it may have been in the past.


Population

(Country of Birth not stated 13%)

Are people healthy?

There are a recorded 1373 asthma sufferers and 833 people living with diabetes. In addition, 850 people have a heart/vascular condition and 1466 people live with three or more chronic diseases.

A good place to invest in property?

Kingaroy Region - North a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Queensland State average 66 / 100

Income

09 / 100

32 / 100

Industry

17 / 100

32 / 100

Population

29 / 100

40 / 100

House Prices

29 / 100

63 / 100

Jobs

21 / 100

31 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Cloyna SS Murgon SHS
  • Wondai State School

    Wondai, QLD, 4606 State Prep-9

  • Moffatdale State School

    Moffatdale, QLD, 4605 State Prep-6

  • Cloyna State School

    Cloyna, QLD, 4605 State Prep-6

  • Windera State School

    Windera, QLD, 4605 State Prep-6

  • Wheatlands State School

    Wheatlands, QLD, 4606 State Prep-6

  • Cherbourg State School

    Cherbourg, QLD, 4605 State Prep-6

  • Goomeri State School

    Goomeri, QLD, 4601 State Prep-10

  • St Joseph's School

    Murgon, QLD, 4605 Independent Prep-6

  • Murgon State High School

    Murgon, QLD, 4605 State 7-12

  • Murgon State School

    Murgon, QLD, 4605 State Prep-6


Property Story

150 Elbow Road, Merlwood, Qld, 4605 is a residential property . The estimated distance to the sea is 111.53km and 0.86KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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