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Mermaid Beach

Suburb Profile

Mermaid Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4218

house
unit

Based on its average 5-year and quarterly capital gains MERMAID BEACH, 4218 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that MERMAID BEACH, 4218 obtained a 2.19% growth over a ten-year period. It ranks 2793rd on our list of suburbs that property investors should look into.

MERMAID BEACH, 4218 in QLD belongs to the local government area of Gold Coast (C).

MERMAID BEACH, 4218 has a capital gain of 0.18% for the past year, which is lower than average compared to its 24.43% growth within a five-year period.

With the median home price in MERMAID BEACH sitting at $1,375,000, and the average rent at $650, property owners could potentially earn a 2.46% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in MERMAID BEACH are low, as opposed to average gains per annum over the past five years.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,375,000 $445,000
GROWTH REPORT
Median Quarterly -1.79% 1.14%
Median 12 month 0.18% 2.06%
Median 3 years -11% 6.97%
Median 5 years 24.43% 25.35%
10 years average annual 2.19% 1.74%
Weekly media advert. rent $650 $450
Time on Market 83.5 days 80.8 days
Gross Rental Yield Percent 2.46% 5.26%
demographics (median values)
Total Population
5749
Weekly Household Income
1039
Household Size
2.10
demographics
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