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56 Highfield Drive,
Merrimac QLD 4226

This property is Off Market

All about Merrimac Homes for sale in Merrimac


  • The Average property price in this area is $744,343, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 8.03 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • 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 Merrimac

With an average age of 31, households expect an average monthly mortgage payment of $1,627 or a weekly rent payment of $455. The average family earns a weekly income of $1,899 with a typical household size of 2 and a 97.59% employment rate.

Consistent high demand relative to supply is a key feature in Merrimac driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Low average incomes in Merrimac 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 Merrimac 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 Merrimac necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 925 asthma sufferers and 246 people living with diabetes. In addition, 273 people have a heart/vascular condition and 549 people live with three or more chronic diseases.

A good place to invest in property?

Merrimac 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

24 / 100

32 / 100

Industry

36 / 100

32 / 100

Population

31 / 100

40 / 100

House Prices

81 / 100

63 / 100

Jobs

26 / 100

31 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Merrimac SS Robina SHS
  • Somerset College

    Mudgeeraba, QLD, 4213 Independent Prep-12

  • Worongary State School

    Worongary, QLD, 4213 State Prep-6

  • St Michael's College

    Merrimac, QLD, 4226 Independent 7-12

  • Mudgeeraba Special School

    Mudgeeraba, QLD, 4213 State Prep-12

  • Merrimac State School

    Merrimac, QLD, 4226 State Prep-6

  • Mudgeeraba Creek State School

    Mudgeeraba, QLD, 4213 State Prep-6

  • Robina State High School

    Robina, QLD, 4226 State 7-12

  • Mudgeeraba State School

    Mudgeeraba, QLD, 4213 State Prep-6


Property Story

56 Highfield Drive, Merrimac, Qld, 4226 is a residential property with 3 bedrooms, 2 bathrooms and 1 Parking spaces. The estimated value of this home is $805,000 while properties of this type typically sell for between $530,000 and $1,085,000 in this suburb. The estimated distance to the sea is 8.03km and 0.63KM 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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