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Unit 38,
79 MACADIE WAY 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 6.29 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential flood risk
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Remax UNIT 5, PARKGREEN, 40-48 MACADIE WAY, Offers Over $819,000 B.. 4 Beds - 2 Baths - 2 Parking Within 0.5 km Remax UNIT 13, PARKGREEN, 40-48 MACADIE WAY, Offers Over $809,000-B.. 4 Beds - 2 Baths - 1 Parking Within 0.5 km Remax UNIT 6, 47 INWOOD CCT, Under Contract 3 Beds - 3 Baths - 2 Parking Within 0.6 km Remax 15 INWOOD CCT, $925,000 + Buyers 3 Beds - 2 Baths - 2 Parking Within 0.8 km Ray White UNIT 123, 135 LAKELANDS DR, 850000 3 Beds - 2 Baths - 2 Parking Within 1.5 km Harcourts 23 NICKLAUS CT, Contact Agent 5 Beds - 5 Baths - 5 Parking Within 1.6 km Remax UNIT 1, 45A HIGHFIELD DR, $699,000 - $749,000 3 Beds - 2 Baths - 1 Parking Within 1.8 km Harcourts UNIT 46, TUDOR ROSE COURT, 8 GOODING DR, OFFERS OVER $629,000 2 Beds - 1 Baths - 1 Parking Within 1.9 km Remax UNIT 33, PONTE VERDES, 120 HIGHFIELD DR, $669,000 Plus 3 Beds - 2 Baths - 2 Parking Within 2.0 km

Recently Sold Properties in this Area

About Merrimac

With an average age of 37, households expect an average monthly mortgage payment of $1,759 or a weekly rent payment of $500. The average family earns a weekly income of $1,863 with a typical household size of 2.8 and a 94.08% 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

Broadbeach North train

Broadbeach South train

Cavill Avenue train

Cypress Avenue train

Florida Gardens train

Northcliffe train

Surfers Paradise ship

HOTA, Home of the Arts ship

Surfers Paradise Ferry Terminal train

Nerang

General Points of Interest

Griffith University Swimming Pool

St Hida's Aquatics Club sport

North Burleigh SLSC sport

Surfers Paradise Lifeguard Centre sport

Gold Coast Pistol Club shopping

Q Super Centre schools

Griffith University Gold Coast sport

Gold Coast Croatia Sports Cente golf

Gold Coast Burleigh Golf Club sport

Burleigh Heads Soccer Club

Population

(Country of Birth not stated 9%)

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

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Merrimac SS Robina SHS
Merrimac State School
Merrimac, QLD, 4226 State Prep-6
Robina State School
Robina, QLD, 4226 State Prep-6
Robina State High School
Robina, QLD, 4226 State 7-12
Mudgeeraba State School
Mudgeeraba, QLD, 4213 State Prep-6
St Vincent's Primary School
Clear Island Waters, QLD, 4226 Independent Prep-6

Property Story

Unit 38, 79 Macadie Way, Merrimac, Qld, 4226 is a residential property . The estimated distance to the sea is 6.29km and 0.3KM 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

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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