2. QLD
  3. Gold Coast

Mermaid Beach QLD 4218

Houses Units

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

$2.8M Median Sale Price (National Average $485k) 3rd In QLD
10% Median Sale Price Change (1yr) (National Average 4.30%) 607th In QLD
$900pw Median Rent (National Average $395) 49th In QLD
1.7% Median Gross Yield (National Average 4.24%) 751st In QLD
Properties sold 56
Average discounting -5.20%
Average Days on Market 71
Stock on Market 41 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.

Mermaid Beach, 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 Beach, 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 Beach, 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 Beach


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Mermaid Beach, QLD 4218

Part of: Gold Coast Council No data available

The size of Mermaid Beach is approximately 1.5 square kilometres. It has 5 parks covering nearly 2% of total area. The population of Mermaid Beach in 2011 was 5,722 people. By 2016 the population was 6,524 showing a population growth of 14.0% in the area during that time. The predominant age group in Mermaid Beach is 20-29 years. Households in Mermaid Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mermaid Beach work in a professional occupation. In 2011, 41.3% of the homes in Mermaid Beach were owner-occupied compared with 43.5% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Mermaid Beach

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Mermaid Beach   for Houses in last 12 months


There have been 56 Houses sold in Mermaid Beach in the past 12 months with a median sale price of $2.8M, up 10.0% annually. It takes on average 35 days to sell with vendor discounting of -5.2%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Mermaid Waters QLD, 4218 5.09% $1,755,000 $1,200pw 3.6% View Suburb Profile
Miami QLD, 4220 18.18% $1,560,000 $925pw 3.1% View Suburb Profile
Broadbeach QLD, 4218 -4.32% $719,000 $700pw 5.1% View Suburb Profile
Burleigh Heads QLD, 4220 -6.47% $1,300,000 $975pw 3.9% View Suburb Profile
Main Beach QLD, 4217 Unavailable Unavailable $950pw Unavailable View Suburb Profile
Clear Island Waters QLD, 4226 -4.47% $1,815,000 $1,300pw 3.7% View Suburb Profile

Currency

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