23 Cabot Court Merrimac QLD 4226

23 Cabot Court Merrimac QLD 4226
Cul-de-sac privacy |577m² block |$1M est value |Flood overlay noted|3-bed house on 577sqm lot suits families or first buyers seeking low-maintenance living near schools. Its end-of-cul-de-sac position offers rare tranquility with a reserve backdrop, distancing it from through-traffic and enhancing everyday usability. The 91sqm single-level build delivers practical family flow, bolstered by modern updates like air conditioning and outdoor zones that extend living space without excess scale. On this mid-sized lot, building coverage sits at just 16%, leaving room for garden or pool potential amid full fencing and a shed. Buyers drawn here typically include young families in the 20-39 age bracket, prioritizing school catchments like Merrimac State and Robina High over larger prestige homes. Similar three-beds on 500-600sqm lots in the area hold steady, with estimates around $1 million reflecting post-2015 appreciation from $383k last sale. The flood overlay warrants due diligence, yet reliable NBN and 5G coverage support modern work-from-home appeal. Long-term, its quiet locale and land efficiency position it as a solid hold, less prone to renovation churn than bigger or older stock nearby. Market signals suggest prompt interest given fresh listing momentum.
Detailed Independent Property Report prepared  by PropCred Analyst team for 23 Cabot Court Merrimac QLD 4226
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Market Insight:

Merrimac’s demand is being driven by its convenient Gold Coast location , family-friendly amenity and ongoing townhouse/new-build activity, which attracts owner-occupiers and investors seeking stable rents. Buyers are choosing Merrimac for relative value against neighbouring suburbs and solid rental yields, while risks include interest-rate sensitivity and a potential local supply pick-up in units; growth upside comes from nearby infrastructure and steady buyer interest. Over the past six months house values have broadly firmed and shown solid gains while units have generally lagged.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

577m²

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