226/5 Bourton RoadMerrimac QLD 4226
Property Details for 226/5 Bourton Rd, Merrimac
226/5 Bourton Rd, Merrimac is a 1 bedroom, 1 bathroom Townhouse and was built in 2006. The property has a land size of 284m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (September 2017)
PERFECT FOR PROPERTY INVESTORS LOOKING FOR A POSITIVE CASHFLOW RETURN. LET THE TENANT PAY OFF YOUR LOAN.
No the return is not a mistake!! Set in peaceful surrounds these units come fully furnished and are 100% full. Neat and tidy complex managed by onsite managers. Situated close to all amenities; buses to Robina and Pacific Fair nearby.
* Rent $393 per week ($20,436 per annum) per unit
* Fully furnished single level unit
* Air conditioned bedroom with robes
* Long term tenant in place
Please contact me to arrange an inspection or for further information about these properties.
Property History for 226/5 Bourton Rd, Merrimac, QLD 4226
- 29 Jun 2021Sold for $133,000
- 11 Aug 2017Sold for $120,000
- 31 May 2017Listed for Sale UNDER CONTRACT
Recent sales nearby
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0About Merrimac 4226
The size of Merrimac is approximately 9.0 square kilometres. There are 12 parks, covering nearly 12.9% of the total area. The population of Merrimac in 2016 was 7071 people. By 2021 the population was 7212 showing a population growth of 2.0% in the area during that time. The predominant age group in Merrimac is 30-39 years. Households in Merrimac are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrimac work in a professional occupation.In 2021, 63.00% of the homes in Merrimac were owner-occupied compared with 50.80% in 2016.
Merrimac has 3,046 properties. Over the last 5 years, Houses in Merrimac have seen a 75.02% increase in median value, while Units have seen a 74.03% increase. As at 30 June 2026:
- The median value for Houses in Merrimac is $1,230,251 while the median value for Units is $798,369.
- Houses have a median rent of $890 while Units have a median rent of $845.
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