Investment property in Merrimac has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.18%
The five-year average increase in median property values for Merrimac,4226 has given property investors a potential capital gain of 37.37% across each of those five years.
Merrimac, 4226 is offering QLD ‘s 767th 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.
The QLD suburb of Merrimac, 4226 is in the Gold Coast local government area.
With a capital gain of -9.33% for the last 12 months, Merrimac, 4226 has performed for property investments than its average annual 4.04% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Merrimac,4226 has racked up an average of -9.33% over the period. This ranks it number 1534th in the whole country for real estate investors looking at median house price increases.
At number 221th of QLD’s most discounted properties, Merrimac is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Merrimac have been waiting around 68.59 days to sell a property.