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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 34.61% over the past year and changed 25.00% 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 76.47% compared to last year and the average time to sell a house/townhouse is 108 days.The median listing price for units is $950,000 and this has changed 8.57% over the past year. The average unit takes 150 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

2.32%

Current vacancy rate


106

Rental stock available


6,532

Population


40.84%

Rental population


1.03%

Current vacancy rate


2,976

Rental stock available


555,721

Population


31.09%

Rental population


0.87%

Current vacancy rate


20,720

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 $2,450,000 $950,000
Median price change - last quarter 1.44% 5.37% 3.03%
Median price change - 1 year 34.61% 4.25% 8.57%
Median price change - 2 years 25.00% 40.00% 15.15%
  House Townhouses Units
Median weekly rent $950 $800 $770
Median yield % 1.41% 1.69% 4.21%
Median rent change - 1 year -13.64% -10.62% 10.00%
  House Units
Previous month sales 5 18
Stock on market previous month 30 64
Stock variance vs. last year 76.47% -1.54%
Average days on market 108 150

Mermaid Beach investment property listings

Showing 2 of 2 investment properties found in Mermaid Beach on realestateinvestar.com.au

3/200 Hedges Ave, MERMAID BEACH

$5,795,000

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Unit

QLD 4218


6/35 Ventura Rd, MERMAID BEACH

$949,000

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Unit

QLD 4218


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