Meringandan West QLD 4352

Here you can find what you need to know about Meringandan West, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$416k Median Sale Price (National Average $485k) 512th In QLD
-0.95% Median Price Change (1 yr) (National Average 4.30%) 2473rd In QLD
$395pw Median Rent (National Average $395) 453rd In QLD
4.9% Median Gross Yield (National Average 4.24%) 335th In QLD
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Properties sold 44
Average discounting -5.10%
Average Days on Market 91
Stock on Market 22 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Meringandan West, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Meringandan West, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Meringandan West, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Meringandan West


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State Auction Clearance Rates - April 2019

Auctions Clearance rate
QLD 136 39%
ACT 78 51%
NSW 929 56%
NT 5 25%
SA 150 51%
TAS 7 80%
VIC 941 52%
WA 35 26%

Local Schools


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Suburb Information

Meringandan West, QLD 4352

Part of: Toowoomba Regional Council No data available

The size of Meringandan West is approximately 16.6 square kilometres. It has 8 parks covering nearly 0.8% of total area. The population of Meringandan West in 2011 was 1,976 people. By 2016 the population was 2,231 showing a population growth of 12.9% in the area during that time. The predominant age group in Meringandan West is 0-9 years. Households in Meringandan West are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Meringandan West work in a trades occupation. In 2011, 86.9% of the homes in Meringandan West were owner-occupied compared with 87.1% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Meringandan West

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Meringandan West   for Houses in last 12 months


There have been 44 Houses sold in Meringandan West in the past 12 months with a median sale price of $410K, up -2.5% annually. It takes on average 106 days to sell with vendor discounting of -5.61%.

Streets in Meringandan West


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Toowoomba City QLD, 4350 2.90% $355,000 $300pw 4.4% View Suburb Profile
Springwood QLD, 4127 0.48% $520,000 $450pw 4.5% View Suburb Profile
Old Beach TAS, 7017 15.12% $460,500 $420pw 4.7% View Suburb Profile
Northfield SA, 5085 2.80% $422,500 $363pw 4.5% View Suburb Profile
Highfields QLD, 4352 2.72% $529,000 $430pw 4.2% View Suburb Profile
Surf Beach NSW, 2536 8.81% $457,000 $400pw 4.5% View Suburb Profile