With a capital gain of 7.95% for the last 12 months, Merrimac, 4226 has performed for property investments than its average annual 3.42% property growth over the last 5 years.
Across a shorter period, Merrimac, 4226 has seen a median price increase of 1.52% over the last quarter.
The most recent median price for Merrimac is $533000, with sellers offering an average of -4.78% off the asking price.
Situated 72.47km from the CBD, Merrimac is one of Gold Coast localities in the postcode 4226.
Property value increases in Merrimac have tracked close to the QLD average of 0.30% over the last 12 months.
A 4.14% growth in median value for property investors in Merrimac,4226 puts this suburb at number 124th in terms of best performing suburbs in QLD
The most recent median price for Merrimac is $364500, with sellers offering an average of -4.11% off the asking price.