Merrimac has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 5.63% to date .
Merrimac,4226 has offered an average of 5.63% return per annum in house price rises to property investors over the last three years.
Merrimac, 4226 is offering QLD ‘s 642th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.
Renters in Suburb are facing rents around $5760 per annum or $480 every week.
Merrimac is in the bottom 40% in QLD when comparing median price capital growth over the last year. Merrimac gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.44%.
A -11.61% growth in median value for property investors in Merrimac,4226 puts this suburb at number 73th in terms of best performing suburbs in QLD
The most recent median price for Merrimac is $360000, with sellers offering an average of -4.28% off the asking price.
Often selling an investment property can take time, and in Merrimac the average time real estate has been on the market is 66.06 days.
Merrimac is 49th on a list of best yielding suburbs for rents in QLD with a 6.50% return