1/15 Cabot Court, Merrimac QLD 4226

1/15 Cabot Court, Merrimac QLD 4226
3-bed duplex on 528sqm | single-bathroom constraint | quiet cul-de-sac | older configuration with modest land This property offers a configuration that is becoming less common in Merrimac: a three-bedroom duplex on a substantial 528-square-metre lot. The land size is the standout feature here, providing more outdoor space and privacy than most newer duplex or villa products in the suburb. Its position in a peaceful cul-de-sac reinforces the low-density, family-oriented character that many buyers in this pocket seek. The property is best suited to first-home buyers wanting a detached-adjacent home without the price of a standalone house, or to investors looking for a low-maintenance holding with solid land content. The duplex format and single bathroom, however, mean it is unlikely to compete with modern four-bedroom townhouses or fully renovated stock for the same buyer pool. The single bathroom is the most significant constraint for this property, as it limits appeal for families and may reduce resale velocity compared to two-bathroom alternatives. The older format and lack of confirmed updates mean the condition and finish quality could materially affect the final price, particularly if comparable duplexes in the street have been refreshed. Buyers should weigh the cost of any necessary upgrades against the value of the generous land holding, which may offer future subdivision or redevelopment potential under current zoning. A building and pest inspection is essential to confirm the structureโ€™s condition before forming a price view.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1/15 Cabot Court, Merrimac QLD 4226
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Market Insight:

Merrimac presents a compelling, dual-track market where houses demonstrate robust capital appreciation, while units offer stronger rental yields and faster sales activity. Demand is currently driven by investors seeking value in the unit segment, evidenced by surging rents and swift transactions. The housing market remains active with solid price growth, though units are transacting more quickly. Future growth hinges on sustained rental demand, though the divergence in performance between property types suggests a nuanced investment landscape.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

528mยฒ

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