MERRIMAC 4226
State: QLDPosiProp AI Investment Summary
MERRIMAC (QLD 4226) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.3% and has experienced a 12-month capital growth of Up 15.5%, with a median house buy price of $1,195,250. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$807,500
$1,120,000
$1,265,000
$1,195,250
Suburb Market Profile
Last month Merrimac had 19 properties available for rent and 43 properties for sale. Median property prices over the last year range from $1,195,250 for houses to $850,000 for units. If you are looking for an investment property, consider houses in Merrimac rent out for $900 PW with an annual rental yield of 4.3% and units rent for $850 PW with a rental yield of 5.2%. Merrimac has seen an annual compound growth rate of 15.5% for houses and 17.2% for units.
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