Giving property investors a an average capital gain of 4.76% for the last year, Merrimac, 4226 is the 1995th highest performer in Australia in this respect.
Comparing Merrimac,4226 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Merrimac, 4226 is offering QLD ‘s 817th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.
In the last year 88 properties changed hands in Merrimac, which puts it as the 277th most active market in QLD when comparing the number of sales per suburb.
Property investors who have had real estate in Merrimac, 4226 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.84%
Taking the average capital gain, or increase in median house value, Merrimac,4226 has racked up an average of -8.84% over the period. This ranks it number 1616th in the whole country for real estate investors looking at median house price increases.
Merrimac, 4226 is offering QLD ‘s 228th 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.
Situated 69.91km from the CBD, Merrimac is one of Gold Coast localities in the postcode 4226.