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Investment Property Mermaid Beach, QLD, 4218

Suburb Snapshot

Mermaid Beach is a suburb in the Gold Coast Region of Queensland. Mermaid Beach has a population of 6,532 people and 40.84% of its occupants live in rental accommodation. The median listing price for houses is $3,500,000 and this has changed 35.92% over the past year and changed 22.80% over 2 years.

The median rent in Mermaid Beach for houses is $950 per week and the median rental yield is 1.41%. Stock on the market for houses/townhouses has changed -23.33% compared to last year and the average time to sell a house/townhouse is 126 days.The median listing price for units is $949,500 and this has changed 7.59% over the past year. The average unit takes 171 days to sell and the median rent for a unit in Mermaid Beach is $770 per week, producing a rental yield of 4.21%.

Supply & Demand in Mermaid Beach, Gold Coast

2.23%

Current vacancy rate


102

Rental stock available


6,532

Population


40.84%

Rental population


1.08%

Current vacancy rate


3,118

Rental stock available


555,721

Population


31.09%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Mermaid Beach, Gold Coast

  House Townhouses Units
Median listing price $3,500,000 $2,200,000 $949,500
Median price change - last quarter 1.44% 5.37% 3.03%
Median price change - 1 year 35.92% -8.34% 7.59%
Median price change - 2 years 22.80% 10.00% 15.09%
  House Townhouses Units
Median weekly rent $950 $800 $770
Median yield % 1.41% 1.89% 4.21%
Median rent change - 1 year -9.53% -5.89% 10.00%
  House Units
Previous month sales 2 14
Stock on market previous month 23 59
Stock variance vs. last year -23.33% 25.53%
Average days on market 126 171

Mermaid Beach investment property listings

Showing 1 of 1 investment properties found in Mermaid Beach on realestateinvestar.com.au

89 Albatross Ave, Mermaid Beach

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Tri-Level Bayden Goddard Beachfront Home with Lift, Basement Par

Positioned along the prestigious Albatross Avenue, this timeless Bayden Goddard-designed tri-level beachfront residence delivers the ultimate in modern coastal luxury living. Set on an expansive 632m2 elevated block and framed by lush tropical gardens, this architectural masterpiece combines solid ...

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QLD 4218


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