Merrimac off-market properties offer exceptional growth opportunities with median house prices at $990,000 showing robust 12.82% annual growth, and units at $725,000 with solid 10.02% growth. Properties sell quickly in just 16 days with strong rental yields up to 5.63% with our exclusive $4,000 retainer + 2% fee structure.
2024 Merrimac Market Snapshot
$990K
Median House Price
↗ 12.82% YoY growth
$725K
Median Unit Price
↗ 10.02% YoY growth
16 days
Average Sale Time
Quick market turnover
5.63%
Unit Rental Yield
4.76% houses
Key Growth Drivers
- • Strong Demand: Quick 16-day average sale times for both houses and units
- • Growth Momentum: Consistent price appreciation across property types
- • Rental Market: Excellent yields with $810/week houses, $765/week units
- • Sales Activity: 84 house sales, 97 unit sales in past 12 months
Why Buy Off-Market in Merrimac
1. Exceptional Growth Performance
Both houses (12.82%) and units (10.02%) show strong annual growth, with units also achieving 13.79% average annual growth, indicating sustained market momentum.
2. Superior Rental Yields
Units deliver exceptional 5.63% gross rental yields while houses provide solid 4.76% returns, both significantly above Gold Coast averages for steady income.
3. Quick Market Turnover
Properties sell in just 16 days on average, indicating strong buyer demand and ensuring quick exits for investors when needed.
4. Active Sales Market
High transaction volumes (84 houses, 97 units annually) provide excellent comparable sales data and market liquidity for confident purchasing decisions.
Merrimac Market Activity
House Market Performance
- Median Price: $990,000
- Annual Growth: 12.82%
- Days on Market: 16 days
- Rental Yield: 4.76%
- Weekly Rent: $810
- Annual Sales: 84 properties
Unit Market Performance
- Median Price: $725,000
- 12-Month Growth: 10.02%
- Average Growth: 13.79%
- Days on Market: 16 days
- Rental Yield: 5.63%
- Weekly Rent: $765
- Annual Sales: 97 properties
Merrimac Property FAQ
What defines an off-market listing in Merrimac?
Off-market properties are sold without public advertising or open inspections. They're typically marketed through private networks, direct approaches, or exclusive buyer databases.
Will sellers accept a lower price off-market?
Often yes. Sellers choose off-market sales for privacy, speed, or convenience, and may accept 5-15% below market value to avoid the hassle of public marketing.
How do I verify price without public comps?
We provide detailed market analysis using recent sales data, property characteristics, and local market trends. Our valuations are based on comprehensive data, not just public listings.
Investment & Lifestyle Benefits
Market Fundamentals
- • House Growth: 12.82% annual capital growth
- • Unit Growth: 10.02% - 13.79% annual growth
- • Sale Speed: 16 days average for all property types
- • Population: 7,212 (growing from 7,071 in 2016)
- • Area Size: 9.0 square kilometres
Investment Appeal
- • Rental Income: $810/week houses, $765/week units
- • Yield Performance: 4.76% houses, 5.63% units
- • Market Activity: High transaction volumes
- • Growth Trend: Consistent price appreciation
- • Demand Indicators: Quick sales demonstrate strong buyer interest
Published: January 2025 • Fee Structure: $4,000 retainer + 2% success fee