29/118 Highfield DriveMerrimac QLD 4226
Property Details for 29/118 Highfield Dr, Merrimac
29/118 Highfield Dr, Merrimac is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 213m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Unit sold in Merrimac in the last 12 months.
Last Listing description (December 2025)
Light-filled, low-maintenance 2-bedroom unit in a tidy, well-managed complex on Highfield Drive - an ideal first home, downsizer or investor opportunity. Walk in to an open-plan airconditioned living, dining and kitchen zone that flows to a private, fully fenced courtyard perfect for morning coffee or small-scale entertaining. The bedrooms are comfortable, both with built-ins, and the main bedroom features air-conditioning and a neat ensuite. A separate laundry and guest toilet add everyday convenience. The property includes a single lock-up garage with internal access plus room to park an extra vehicle. Located in a peaceful pocket on Highfield Drive with easy access to local shops, schools and transport, this unit combines convenience with relaxed Gold Coast living.
Perfect for families prioritising schooling, this property sits in a family-friendly pocket with access to quality nearby schools and easy daily routines. The fenced courtyard is ideal for safe outdoor play and the single-level living and low-maintenance grounds free up time for school runs and after-school activities. If your household values proximity to good primary and private school options, this unit offers the convenience and lifestyle that makes school days simpler and family life more manageable.
Key features
• Low Body corp fees Under $50 per week.
• Rates $1395 per Half Year
• Water$370 per Qtr (approx)
• Open-plan lounge / dining / kitchen
• Two bedrooms with built-ins and ceiling fans
• Main bedroom with ensuite and air-conditioning
• Separate laundry and additional toilet
• Fully fenced private courtyard
• Single lock-up garage with internal access; extra parking available
Location highlights
• Quiet Highfield Drive residential setting; close to local amenities and transport links.
yield and recent performance.
This unit presents a strong gross rental yield for the current asking price: annual rent of $37,960 on a $690,000 purchase equates to a gross yield of approximately 5.5%. With consistent rental demand across Merrimac and surrounding suburbs, investors are seeing healthy income returns alongside suburb-level capital appreciation over recent years. The area's solid fundamentals - local schooling options, good road connections and proximity to major centres - continue to support rental occupancy and buyer interest, making this a compelling buy-and-hold opportunity for investors seeking both income and medium-term growth.
Property History for 29/118 Highfield Dr, Merrimac, QLD 4226
- 11 Dec 2025Sold
- 19 Nov 2025Listed for Sale Offers Over $680,000
- 26 Dec 2017Listed for Rent - Price not available
Recent sales nearby
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0About Merrimac 4226
The size of Merrimac is approximately 9.0 square kilometres. It has 12 parks covering nearly 12.9% of 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 3,048 properties. Over the last 5 years, Houses in Merrimac have seen a 101.07% increase in median value, while Units have seen a 99.83% increase. As at 30 November 2025:
- The median value for Houses in Merrimac is $1,157,932 while the median value for Units is $754,274.
- Houses have a median rent of $820 while Units have a median rent of $780.
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