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 4.1% and has experienced a 12-month capital growth of Up 16.8%, with a median house buy price of $1,182,750. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$792,500
$1,080,000
$1,235,250
$1,182,750
Suburb Market Profile
Last month Merrimac had 13 properties available for rent and 31 properties for sale. Median property prices over the last year range from $1,182,750 for houses to $752,500 for units. If you are looking for an investment property, consider houses in Merrimac rent out for $865 PW with an annual rental yield of 4.1% and units rent for $818 PW with a rental yield of 5.0%. Merrimac has seen an annual compound growth rate of 16.8% for houses and 2.4% for units.