12/83-89 Highfield Drive, Merrimac QLD 4226
12/83-89 Highfield Drive, Merrimac QLD 4226
3 bed townhouse | 3 car spaces | 235mยฒ lot | sold $358k in 2018 | estimated value $962k.
This townhouse offers a rare configuration with three car spaces on a 235mยฒ lot, which is above average for attached housing in Merrimac and suits households with multiple vehicles or work needs. The 3-bed, 2-bath layout serves owner-occupiers, first-home buyers, and downsizers seeking lower-maintenance living in an established residential corridor. The significant estimated value growth from its 2018 sale price reflects strong market appreciation in the area, making it a compelling option for those wanting a foothold in a well-located suburb.
The build year and internal finishes are not confirmed, so the property’s condition and age may affect its value relative to newer townhouse stock. The lack of rental or yield data means its investment performance is uncertain, and the 3-car spaces could limit appeal for buyers without multiple vehicles. The land size is modest, which may constrain future expansion or renovation potential.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 12/83-89 Highfield Drive, Merrimac QLD 4226
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.