Merlwood, located in the South Burnett region of Queensland, offers a relatively tranquil and affordable housing market, making it an attractive option for homebuyers seeking a quieter lifestyle. The area features a mix of property types, including quaint older homes with character and larger blocks suitable for families who value space and privacy. The median house prices in Merlwood are generally more affordable than in larger metropolitan areas, providing an opportunity for first-time buyers and investors to enter the market without breaking the bank. The local real estate scene is largely driven by the rural charm of the area, as well as the potential for growth as more people look to escape the hustle and bustle of city living.
Living in Merlwood means enjoying the best of the South Burnett's natural beauty and serene lifestyle. The community is known for its friendly atmosphere and welcoming neighbors, creating a sense of belonging among residents. While the town itself is small, it offers essential amenities, with larger shopping and service hubs just a short drive away. The surrounding landscape provides plenty of outdoor activities, including hiking, bird watching, and exploring local parks, making it ideal for nature enthusiasts. Additionally, the slower pace of life in Merlwood allows residents to unwind and appreciate a peaceful routine, making it a great choice for families, retirees, or anyone looking to enjoy country living in Queensland.
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Thinking about buying in Merlwood? Now could not be a better time, with just 101 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $422,000 with prices in this suburb ranging from $212,000 to $609,000. The aproximate distance to the coast is 108 Km.
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.
Instant Property Valuation150 Elbow Road, Merlwood, QLD, 4605 | 2 | 2 | 7 |
None within suburb boundary
(While the above schools are located with the suburb of Merlwood there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 3.5 | 18.1 | 31.0 | 43.4 | 93.6 | 3.4 | 23.9 |
Feb | 2.5 | 17.7 | 29.3 | 48.5 | 94.2 | 3.5 | 22 |
Mar | 3.1 | 16.3 | 27.8 | 50.7 | 96.4 | 3.1 | 19.2 |
Apr | 1.0 | 12.4 | 25.8 | 45.8 | 97.0 | 2.6 | 17.9 |
May | 1.2 | 7.6 | 21.8 | 46.3 | 97.0 | 2.4 | 14.6 |
Jun | 1.2 | 5.3 | 19.5 | 48.1 | 97.5 | 2.6 | 12.2 |
Jul | 1 | 4.3 | 19.7 | 43.5 | 97.3 | 2.5 | 13.7 |
Aug | 0.6 | 4.2 | 22.5 | 31.4 | 92.5 | 2.6 | 16.9 |
Sept | 0.7 | 7.8 | 25.3 | 30.5 | 93.2 | 2.9 | 20.7 |
Oct | 2.2 | 11.5 | 27.3 | 34.2 | 93.6 | 3.2 | 23.6 |
Nov | 2.4 | 14.6 | 30.4 | 31.4 | 91.9 | 3.2 | 26.7 |
Dec | 3.7 | 17.1 | 30.7 | 40.1 | 92.7 | 3.3 | 25.9 |
source: Australian Government Bureau of Meteorology
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