Thinking about buying in Merrimac? Now could not be a better time, with 3903 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $743,000 with prices in this suburb ranging from $110,000 to $4,578,000. Merrimac is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Merrimac Real Estate Market Outlook

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.

Houses for sale Merrimac

	56 HIGHFIELD DR, MERRIMAC, QLD, 4226	3	2	1	Submit Offers By Mon 25th Nov 12PM
	UNIT 46, TUDOR ROSE COURT, 8 GOODING DR, MERRIMAC, QLD, 4226	2	1	1	OFFERS OVER $629,000
	23 NICKLAUS CT, MERRIMAC, QLD, 4226	5	5	5	Contact Agent
	UNIT 38, 79 MACADIE WAY, MERRIMAC, QLD, 4226	4	2	1	Contact Agent
	45 LAKELANDS DR, MERRIMAC, QLD, 4226	4	3	2	Under Offer
	UNIT 123, 135 LAKELANDS DR, MERRIMAC, QLD, 4226	3	2	2	850000
	UNIT 35, TUDOR ROSE COURT, 8 GOODING DR, MERRIMAC, QLD, 4226	3	1	1	690000
	UNIT 13, PARKGREEN, 40-48 MACADIE WAY, MERRIMAC, QLD, 4226	4	2	1	Contact Agent
	UNIT 1, 45A HIGHFIELD DR, MERRIMAC, QLD, 4226	3	2	1	Under Contract
	UNIT 5, PARKGREEN, 40-48 MACADIE WAY, MERRIMAC, QLD, 4226	4	2	2	UNDER CONTRACT

---

---

---

---

Internet Speed

Download 25 Mbps / Upload 5 Mbps

---

Nearby Suburbs

---

Public Transport

---

General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!