Mermaid Waters

Based on its average 5-year and quarterly capital gains MERMAID WATERS, 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 the QLD suburb obtained a 1.81% growth over a ten-year period. It ranks 1165th on our list of suburbs that property investors should look into.

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

MERMAID WATERS, 4218 has a capital gain of 4.9% for the past year, which is lower than average compared to its 30.68% growth within a five-year period.

With the median home price in MERMAID WATERS sitting at $385,500, and the average rent at $420, property owners could potentially earn a 5.67% 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.

A 4.9% increase in median property prices in MERMAID WATERS, 4218 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 82nd.