Supply Demand History in Merrimac
| Month | Supply | Demand |
|---|---|---|
| 2015 Apr | 79 | 3793 |
| 2015 May | 78 | 3785 |
| 2015 Jun | 70 | 3420 |
| 2015 Jul | 59 | 3601 |
| 2015 Aug | 58 | 4157 |
| 2015 Sep | 63 | 4079 |
| 2015 Oct | 56 | 3048 |
| 2015 Nov | 57 | 2783 |
| 2015 Dec | 43 | 2032 |
| 2016 Jan | 44 | 3267 |
| 2016 Feb | 59 | 4139 |
| 2016 Mar | 65 | 4149 |
| 2016 Apr | 63 | 3951 |
More Recent Sold in Merrimac
| Address | Type | Sold Price | ||
|---|---|---|---|---|
| 135 Lakelands Drive Merrimac 4226 | apartment | 3 | Aug 2019 | $590,000 |
| 235/135 Lakelands Drive Merrimac 4226 | apartment | 2 | Aug 2019 | $430,000 |
| 7 Brora Court Merrimac 4226 | house | 6 | Aug 2019 | $723,000 |
| 108/8 ghilgai road Merrimac 4226 | townhouse | 3 | Aug 2019 | $330,000 |
| 3 Staffa Close Merrimac 4226 | house | 4 | Jul 2019 | $700,000 |
More Recent Rent in Merrimac
| Address | Type | Price/Week | ||
|---|---|---|---|---|
| 7a Petherbridge Ave Merrimac 4226 | flat | 1 | Mar 2024 | $420 |
| 13 Sunrise Crescent Merrimac 4226 | house | 3 | Mar 2024 | $800 |
| 14 Cabot Ct Merrimac 4226 | house | 3 | Mar 2024 | $730 |
| Unit 18/19 Sunrise Ct Merrimac 4226 | house | 4 | Mar 2024 | $1,150 |
| 1307/31 Bourton Road Merrimac 4226 | unit | 2 | Mar 2024 | $730 |
Rent Yield in Merrimac
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 1 | $115,333 | $420 | 18.94% | $117,000 | $420 | 18.67% | 7 |
| 2 | $480,259 | $675 | 7.31% | $575,000 | $675 | 6.10% | 12 |
| 3 | $699,615 | $765 | 5.69% | $689,000 | $750 | 5.66% | 58 |
| 4 | $952,677 | $966 | 5.27% | $890,000 | $950 | 5.55% | 30 |
| 5 | $1,285,000 | - | - | $1,285,000 | - | - | 1 |
| 6 | - | $1,350 | - | - | $1,350 | - | 1 |
| 8 | - | $1,150 | - | - | $1,150 | - | 1 |
| House | |||||||
| 3 | $824,000 | $779 | 4.92% | $824,000 | $790 | 4.99% | 7 |
| 4 | $939,700 | $918 | 5.08% | $864,950 | $830 | 4.99% | 7 |
| 6 | - | $1,350 | - | - | $1,350 | - | 1 |
| 8 | - | $1,150 | - | - | $1,150 | - | 1 |
| Unit/apmt | |||||||
| 2 | $393,398 | - | - | $487,000 | - | - | 4 |
| Townhouse | |||||||
| 3 | $552,250 | $718 | 6.76% | $604,500 | $718 | 6.18% | 6 |
| 4 | $814,500 | $913 | 5.83% | $814,500 | $820 | 5.24% | 5 |
| Villa | |||||||
| 3 | $699,000 | - | - | $699,000 | - | - | 1 |
| Other | |||||||
| 3 | $720,000 | $687 | 4.96% | $720,000 | $630 | 4.55% | 4 |
| 4 | $529,000 | - | - | $529,000 | - | - | 1 |
| Unknown | |||||||
| 1 | $115,333 | $420 | 18.94% | $117,000 | $420 | 18.67% | 7 |
| 2 | $538,167 | $675 | 6.52% | $587,000 | $675 | 5.98% | 8 |
| 3 | $717,444 | $777 | 5.63% | $714,000 | $750 | 5.46% | 40 |
| 4 | $1,078,000 | $994 | 4.79% | $1,100,000 | $960 | 4.54% | 17 |
| 5 | $1,285,000 | - | - | $1,285,000 | - | - | 1 |
Demographics of Merrimac
| PopulationSize | 4226 | Gold Coast/Tweed |
| All People | 24472 | 443909 |
| Country of Origin | 4226 | Gold Coast/Tweed |
| Australian Born | 65% | 67% |
| Born Overseas - Top 5 | 4226 | Gold Coast/Tweed |
| New Zealand | 9% | 6% |
| United Kingdom | 8% | 7% |
| South Africa | 2% | 1% |
| China | 1% | 0% |
| Hong Kong | 1% | 0% |
| Age Statistics | 4226 | Gold Coast/Tweed |
| 40 to 59 | 28% | 26% |
| 20 to 39 | 26% | 27% |
| 5 to 19 | 21% | 19% |
| 60+ | 18% | 22% |
| 0 to 4 | 6% | 6% |
| Family Statistics - Top 5 | 4226 | Gold Coast/Tweed |
| Married | 56% | 51% |
| Never Married | 27% | 29% |
| Divorced | 8% | 10% |
| Widowed | 5% | 7% |
| Separated | 4% | 4% |
| Religion - Top 5 | 4226 | Gold Coast/Tweed |
| Catholic | 28% | 27% |
| Anglican | 27% | 29% |
| No Religion | 16% | 17% |
| Uniting Church | 7% | 7% |
| Presbyterian and Reformed | 5% | 5% |
| Occupation - Top 5 | 4226 | Gold Coast/Tweed |
| Associate Professional | 7% | 5% |
| Intermediate Clerical/Sales/Service | 7% | 7% |
| Elementary Clerical/Sales/Service | 6% | 4% |
| Professionals | 6% | 5% |
| Tradespersons and Related Workers | 4% | 6% |
| Education - Top 5 | 4226 | Gold Coast/Tweed |
| Not Attending (Working) | 74% | 78% |
| Infants/Primary | 10% | 9% |
| Secondary Education | 7% | 6% |
| University or other Tertiary Institution | 5% | 3% |
| Technical or Further Education | 2% | 2% |
| Transport to Work - Top 5 | 4226 | Gold Coast/Tweed |
| Car (driver) | 28% | 24% |
| Car (passenger) | 3% | 3% |
| Worked at home | 2% | 2% |
| Walked | 1% | 1% |
| Bicycle | 0% | 1% |
| Type of Dwelling - Top 3 | 4226 | Gold Coast/Tweed |
| Separate house | 82% | 59% |
| Semi/Terrace | 13% | 15% |
| Flat | 2% | 18% |
| Nature of Occupancy - Top 3 | 4226 | Gold Coast/Tweed |
| Fully Owned | 45% | 38% |
| Purchasing | 26% | 22% |
| Rented | 24% | 33% |
| Monthly Loan Repayment - Top 5 | 4226 | Gold Coast/Tweed |
| $1,500+ | 20% | 11% |
| $800-$999 | 16% | 19% |
| $1,000-$1,199 | 15% | 17% |
Based on Australian Bureau of Statistics data
Merrimac, QLD 4226 (72.33 km to CBD)
Median House Price
$923,750
Median Unit Price
$570,000
Surrounding Suburbs
Closest Train Station
Robina station
3.38 kmSelected Demographics of Merrimac
- 2135 Number of House
- 1507 Number of Unit
- 24472 Number of People
- 34 Median Age
- 2.7 Median Household Size
- $360 Weekly Rent
- $590 Weekly Individual Income
- $1,279 Weekly Family Income
- $1,229 Weekly Household Income
- $923,750 Median Asking Price
- $720 Median Rent
- 0.04% Rent Yield
- 72 Stock On Sale
- 0.95% Vacancy Rate
- 64 Average Supply
- 4083 Average Demand
- 63.46 Supply Demand Ratio
Schools in Merrimac
| School Name | School Sector | School Type |
|---|---|---|
| All Saints Anglican School | Independent | Combined |
| Merrimac State School | Government | Primary |
| Queensland Independent College | Independent | Primary |
| St Michael's College | Catholic | Secondary |
Leading Agencies (Sale)
Ray White - Robina 16%
RE/MAX Regency - Gold Coast 8%
Harcourts - Robina/Varsity 6%
Place - Central Gold Coast 4%
First National - Robina 3%
LJ Hooker - Nerang 2%
Mudgeeraba First National - Mudgeeraba 2%
Robina+ Realty - Robina 2%
PRDnationwide - Mudgeeraba/ Robina 2%
2%
Leading Agents (Rent)
| Agent Name | Percentage |
|---|---|
| Raine & Horne - Onsite Sales | 14% |
| Robina+ Realty - Robina | 9% |
| First National - Robina | 7% |
| Place - Central Gold Coast | 6% |
| RE/MAX Regency - Gold Coast | 6% |
| LJ Hooker - Nerang | 4% |
| Viking Property Excellence - Brisbane | 4% |
| Champions Property Sales - Nerang | 3% |
| Harcourts - Mudgeeraba | 3% |
| Ray White - 4213 | 3% |
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