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Investment Property Mermaid Waters, QLD, 4218

Suburb Snapshot

Mermaid Waters is a suburb in the Gold Coast Region of Queensland. Mermaid Waters has a population of 12,037 people and 26.71% of its occupants live in rental accommodation. The median listing price for houses is $1,996,000 and this has changed 17.41% over the past year and changed 17.75% over 2 years.

The median rent in Mermaid Waters for houses is $1,200 per week and the median rental yield is 3.12%. Stock on the market for houses/townhouses has changed -9.84% compared to last year and the average time to sell a house/townhouse is 67 days.The median listing price for units is $799,000 and this has changed 14.30% over the past year. The average unit takes 60 days to sell and the median rent for a unit in Mermaid Waters is $700 per week, producing a rental yield of 4.55%.

Supply & Demand in Mermaid Waters, Gold Coast

1.08%

Current vacancy rate


66

Rental stock available


12,037

Population


26.71%

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 Waters, Gold Coast

  House Townhouses Units
Median listing price $1,996,000 $799,000 $799,000
Median price change - last quarter -0.20% 0.00% 0.00%
Median price change - 1 year 17.41% 1.20% 14.30%
Median price change - 2 years 17.75% 8.70% 33.38%
  House Townhouses Units
Median weekly rent $1,200 $750 $700
Median yield % 3.12% 4.88% 4.55%
Median rent change - 1 year 14.28% 0.00% 1.44%
  House Units
Previous month sales 15 7
Stock on market previous month 55 22
Stock variance vs. last year -9.84% -24.14%
Average days on market 67 60

Mermaid Waters investment property listings

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

12/172 Barrier Reef Dr, MERMAID WATERS

$635,000

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QLD 4218


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