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Off Market

29/118 Highfield Dr

Merrimac QLD 4226

2
1
1
213 m²
Unit
Mark FluhartMark Fluhart, last sold this property on 10 December 2025 after 21 days on market.

Overview

2 Bed unit 5.5% return with Tenant until Feb next year

Light-filled, low-maintenance 2-bedroom unit in a tidy, well-managed complex on Highfield Drive - an ideal first home, downsizer or investor opportunity. Walk in to an open-plan airconditioned living, dining and kitchen zone that flows to a private, fully fenced courtyard perfect for morning coffee or small-scale entertaining. The bedrooms are comfortable, both with built-ins, and the main bedroom features air-conditioning and a neat ensuite. A separate laundry and guest toilet add everyday convenience. The property includes a single lock-up garage with internal access plus room to park an extra vehicle. Located in a peaceful pocket on Highfield Drive with easy access to local shops, schools and transport, this unit combines convenience with relaxed Gold Coast living. Perfect for families prioritising schooling, this property sits in a family-friendly pocket with access to quality nearby schools and easy daily routines. The fenced courtyard is ideal for safe outdoor play and the single-level living and low-maintenance grounds free up time for school runs and after-school activities. If your household values proximity to good primary and private school options, this unit offers the convenience and lifestyle that makes school days simpler and family life more manageable. Key features • Low Body corp fees Under $50 per week. • Rates $1395 per Half Year • Water$370 per Qtr (approx) • Open-plan lounge / dining / kitchen • Two bedrooms with built-ins and ceiling fans • Main bedroom with ensuite and air-conditioning • Separate laundry and additional toilet • Fully fenced private courtyard • Single lock-up garage with internal access; extra parking available Location highlights • Quiet Highfield Drive residential setting; close to local amenities and transport links. yield and recent performance. This unit presents a strong gross rental yield for the current asking price: annual rent of $37,960 on a $690,000 purchase equates to a gross yield of approximately 5.5%. With consistent rental demand across Merrimac and surrounding suburbs, investors are seeing healthy income returns alongside suburb-level capital appreciation over recent years. The area's solid fundamentals - local schooling options, good road connections and proximity to major centres - continue to support rental occupancy and buyer interest, making this a compelling buy-and-hold opportunity for investors seeking both income and medium-term growth.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
213 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Merrimac over the last 12 months, the estimated median property value of 29/118 Highfield Dr is $743k.

Median value
$743k
Estimated value range
$710k - $1.08m
Median days on market
19
Estimated value trend
272%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Merrimac. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 29/118 Highfield Dr

2025
Sold
Undisclosed
10 Dec 2025 by Mark Fluhart, of Raine & Horne Onsite Sales
2017
Rented
Undisclosed
Leased on 25 Dec 2017 by Raine & Horne Onsite Sales

Happy sellers in Merrimac

91%
91% of sellers in Merrimac reported that their sale price either exceeded or met their price expectations.

Merrimac stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 50 reviews in Merrimac over the last 12 months.

Local market activity for 2 bedroom units in Merrimac

In the last 12 months, 4 two-bedroom units similar to 29/118 Highfield Dr, have been sold.

This represents a 150% decrease in two-bedroom units sales when compared to the previous 12 months.

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