Merritt Property Group

Results

Real purchases. Sourced numbers. Judge for yourself.

Every result below shows the purchase price, the current value or sale price, the rent, and where each figure came from. Growth of up to 121% on our longest published hold, and yields up to 8.2%.

Morayfield, QLD

$60k+ equity at handover

Tracy and Kristian join the SEQ property boom

Interstate investors Tracy and Kristian bought a new house and land package at Morayfield, 40km north of Brisbane, and saw its value rise by more than $60,000 between purchase and completion.

Property
New house and land package (Bravo Home)
Location
Morayfield, 40km north of Brisbane
Buyers
Tracy and Kristian, Western Australia
Read the full story

Eglinton, WA

46% value growth

Dual key home, Eglinton, Perth

This dual key home in Perth’s northern coastal suburbs was purchased in 2023 for $719,990. Its value has since climbed 46% to more than $1 million, on a 7.2% rental yield.

Purchase price
$719,990 (dual key, May 2023)
Current value
$1,050,000 (high confidence, realestate.com.au, March 2026)
Rent appraisal
$995 per week (Ray White Real Estate, March 2023)
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Munno Para, SA

50%+ value growth

Off-the-plan home, Munno Para, Adelaide

This Adelaide home was purchased off the plan in 2022 for $532,210. Its value has since jumped more than 50%, with a 5.9% rental yield.

Purchase price
$532,210 (off the plan, June 2022)
Current value
$799,000 (high confidence, realestate.com.au, March 2026)
Rent appraisal
$605 per week average (Silvertail Real Estate, April 2026)
Read the full story

Zuccoli, NT

8.2% rental yield

Off-the-plan home, Zuccoli, Darwin

Sold off the plan in November 2024, this Top End home has already jumped 32% in value and returns an 8.2% rental yield.

Purchase price
$460,500 (off the plan, November 2024)
Current value
$675,000 (median house price, realestate.com.au, March 2026)
Rent estimate
$725 per week (high confidence, realestate.com.au, March 2026)
Read the full story

Burdell, QLD

68% value growth

North Queensland home, Burdell, Townsville

Purchased in late 2021 for $458,784, this Townsville home is now valued at $770,000 and returns a 7.37% rental yield.

Purchase price
$458,784 (December 2021)
Current value
$770,000 (PriceFinder, high confidence, January 2026)
Rent
$650 per week
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Northgate, QLD

97% value growth

Custom build, Northgate, Brisbane

Purchased off the plan in December 2016 for $660,000, this northside Brisbane home is now valued at $1.3 million and rents for $800 per week.

Purchase price
$660,000 (off the plan, December 2016)
Current value
$1,300,000 (PriceFinder, high confidence, July 2025)
Rent
$800 per week
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Yarrabilba, QLD

57% value growth

Land off the plan, Yarrabilba, Brisbane

Secured as land off the plan in February 2022 for $449,980, this home south of Brisbane saw the suburb median reach $705,000 within 18 months of completion.

Purchase price
$449,980 (land off the plan, EOI secured February 2022)
Construction completed
November 2023
Median sale price, Yarrabilba
$705,000 (PriceFinder, July 2025)
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Redbank Plains, QLD

121% decade growth

Decade hold, Redbank Plains, Brisbane

Purchased in 2014 for $330,000, this Ipswich-corridor property is now worth $730,000 with a 7.6% rental yield, more than 121% growth over the decade.

Purchase price
$330,000 (2014)
Current value
$730,000 (PriceFinder, high confidence, July 2025)
Rent today
$485 per week
Read the full story

Banya, QLD

40% value growth

Banya, Sunshine Coast

This Sunshine Coast home has jumped 40% in value since being purchased off the plan in March 2022 for $686,120.

Purchase price
$686,120 (off the plan, March 2022)
Current value
$961,000 (high confidence, realestate.com.au, February 2026)
Rent estimate
$770 per week (realestate.com.au, March 2026)

Ferryden Park, SA

14% value growth

Ferryden Park, Adelaide

In Adelaide’s northwestern suburbs, this 2022 purchase has grown from $546,500 to $626,000 with a 6.3% yield.

Purchase price
$546,500 (single contract, off the plan, April 2022)
Current value
$626,000 (high confidence, realestate.com.au, February 2026)
Rent estimate
$665 per week (realestate.com.au, March 2026)

Westbrook, QLD

36%+ value growth

Westbrook, Toowoomba

This Darling Downs home has risen more than 36% in value since being purchased off the plan in March 2024 for $563,645.

Purchase price
$563,645 (off the plan, March 2024)
Current value
$885,000 (high confidence, realestate.com.au, February 2026)
Rent estimate
$680 per week (realestate.com.au, March 2026)

Blacks Beach, QLD

10%+ value growth

Blacks Beach, Mackay

Purchased off the plan in November 2024 for $631,000, this Mackay home has already grown over 10% with a 6.4% rental yield.

Purchase price
$631,000 (off the plan, November 2024)
Current value
$708,000 (high confidence, realestate.com.au, February 2026)
Rent estimate
$775 per week (realestate.com.au, March 2026)

Bohle Plains, QLD

28% value growth

Bohle Plains, Townsville

Sold off the plan in September 2021 for $457,873, this North Queensland home has jumped 28% in value.

Purchase price
$457,873 (off the plan, September 2021)
Current value
$632,500 (median house price, PriceFinder, July 2025)

Yanchep, WA

37% gain on sale

Yanchep, Perth

Sold 18 months after its January 2023 purchase at $485,150, this Perth home realised $655,000, a 37% gain.

Purchase price
$485,150 (off the plan, January 2023)
Sale price
$655,000 (November 2024)

Logan Reserve, QLD

80% comparable growth

Logan Reserve, Brisbane

This duplex was purchased off the plan in 2021 for $814,990. Comparable properties in the same estate now sell above $1.4 million.

Purchase price
$814,990 (2021)
Comparable price
$1,466,000 (PriceFinder, July 2025)
Weekly rent
$520 per duplex side

Elizabeth Park, SA

67%+ value growth

Elizabeth Park, Adelaide

Sourced off the plan in April 2022 at a $373,100 package price, this Adelaide property has improved in value by more than 67%.

Package price
$373,100 (off the plan, April 2022)
Current value
$625,000 (CoreLogic high confidence average, July 2025)
Current rent
$530 per week

Werribee, VIC

42% gain on sale

Werribee, Melbourne

Sold 18 months after its October 2017 off-the-plan purchase at $350,000, this Victorian home realised $499,500, a 42% gain.

Purchase price
$350,000 (off the plan, October 2017)
Sale price
$499,500 (March 2019)

Griffin, QLD

$45k gross profit

Griffin, Brisbane

Purchased on a single contract in January 2022 for $650,000, this Brisbane home was re-listed and sold quickly for a $45,000 gross profit.

Purchase price
$650,000 (single contract, January 2022)
Sale price
$695,000 (March 2024)

Julago, QLD

$70k gross profit

Julago, Townsville

Purchased off the plan in November 2021 for $510,275 and sold in August 2024 for $581,000, a $70,000 gross profit.

Purchase price
$510,275 (off the plan, November 2021)
Sale price
$581,000 (August 2024)

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