Powered by MOMENTUM MEDIA
AREA REPORTS

Mermaid Waters

Suburb Profile

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

house
unit

Property investors enjoyed capital gains of 7.8% over the last 12 months in MERMAID WATERS, translating to lower returns compared with its peers in QLD.

A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 4.32% growth over a ten-year period. It ranks 1852nd on our list of suburbs that property investors should look into.

MERMAID WATERS, 4218 has a capital gain of 7.8% for the past year, which is higher than average compared to its 36.28% growth within a five-year period.

With the median home price in MERMAID WATERS sitting at $940,000, and the average rent at $727.5, property owners could potentially earn a 4.02% increase in gross rental yield.

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

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

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $940,000 $385,250
GROWTH REPORT
Median Quarterly 1.08% -0.06%
Median 12 month 7.8% -0.39%
Median 3 years 24.26% 6.28%
Median 5 years 36.28% 21.34%
10 years average annual 4.32% 1.88%
Weekly media advert. rent $727.5 $420
Time on Market 78.8 days 67.3 days
Gross Rental Yield Percent 4.02% 5.67%
demographics (median values)
Total Population
11650
Weekly Household Income
972.6
Household Size
2.30
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Scott O'Neill

Strategies to help your tenant if they are affected by COVID-19

Many businesses over the next few months will be forced to shut their doors to slow the spread of COVID-19. The important thing for landlord...

Auction ban drives up withdrawal rates

Auction ban drives up withdrawal rates

The number of owners withdrawing their property from auction soared to 40 per cent last week, following the introduction of a ban on auction...

Grant Mifsud

‘Double trouble’: What the health crisis means for strata communities

As strata communities deal with a double dose of the coronavirus (COVID-19) pandemic impact, how can investors make sure to stay afloat in t...

Dan Creevey

COVID-19 could be a game changer for leases: expert

Amid uncertainties brought about by the ongoing health crisis, rental property owners are advised to be more cautious to avoid significant l...

Household wealth spikes

Household wealth spikes ahead of COVID-19 drag

Property prices grew over the last quarter of 2019, the latest ABS data reveals, spurring a record-high improvement in household wealth. ...

Industry reacts to straightforward rent pause

‘Overwhelmed and confused’: Industry reacts to ‘straightforward’ rent pause

States and territories will be placing a moratorium on evictions of persons as a result of financial distress very soon, but yesterday’s a...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.