Mermaid Waters QLD 4218

Here you can find what you need to know about Mermaid Waters, 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

$878k Median Sale Price (National Average $485k) 79th In QLD
0.34% Median Price Change (1 yr) (National Average 4.30%) 495th In QLD
$750pw Median Rent (National Average $395) 10th In QLD
4.4% Median Gross Yield (National Average 4.24%) 498th In QLD
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Properties sold 165
Average discounting -6.42%
Average Days on Market 66
Stock on Market 33 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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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.

Mermaid Waters, 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.

Mermaid Waters, 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.

Mermaid Waters, 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.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Mermaid Waters


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State Auction Clearance Rates - June 2019

Auctions Clearance rate
QLD 114 35%
ACT 40 55%
NSW 551 67%
NT 7 0%
SA 103 55%
TAS 3 50%
VIC 644 70%
WA 25 17%

Local Schools


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Suburb Information

Mermaid Waters, QLD 4218

Part of: Gold Coast City - Albert Council No data available

The size of Mermaid Waters is approximately 7.1 square kilometres. It has 68 parks covering nearly 8.9% of total area. The population of Mermaid Waters in 2011 was 11,789 people. By 2016 the population was 12,042 showing a population growth of 2.1% in the area during that time. The predominant age group in Mermaid Waters is 40-49 years. Households in Mermaid Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Waters work in a professional occupation. In 2011, 64.9% of the homes in Mermaid Waters were owner-occupied compared with 66.1% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Mermaid Waters

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Mermaid Waters   for Houses in last 12 months


There have been 166 Houses sold in Mermaid Waters in the past 12 months with a median sale price of $896K, up 2.69% annually. It takes on average 68 days to sell with vendor discounting of -6.96%.

Streets in Mermaid Waters


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Burleigh Waters QLD, 4220 5.44% $775,000 $650pw 4.4% View Suburb Profile
Broadbeach Waters QLD, 4218 2.73% $1,130,000 $795pw 3.7% View Suburb Profile
Miami QLD, 4220 -4.08% $705,000 $615pw 4.5% View Suburb Profile
Clear Island Waters QLD, 4226 -0.96% $1,082,000 $850pw 4.1% View Suburb Profile