Mermaid Waters

POSTAL CODE: QLD, 4218
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Property investors enjoyed capital gains of 9.28% 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 10.88% growth over a ten-year period. It ranks 4207th on our list of suburbs that property investors should look into.

MERMAID WATERS, 4218 has a capital gain of 9.28% for the past year, which is lower than average compared to its 111.51% growth within a five-year period.

With the median home price in MERMAID WATERS sitting at $1,967,000, and the average rent at $1200, property owners could potentially earn a 3.17% 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.

Surburb overview

Mermaid Waters is a suburb on the Gold Coast, Queensland. It is approximately 6.8 kilometres south of Surfers Paradise and about 82.8 kilometres southeast of Brisbane. As of the 2021 census, It had a population of 13,088 people.

Public transport services in Mermaid Waters include TransLink bus routes connecting the suburb to surrounding areas. The Gold Coast Light Rail system provides additional connectivity with the nearest station in Broadbeach. Major roadways, such as the Gold Coast Highway, are easily accessible for those commuting by car.

Mermaid Waters offers a range of essential establishments, including the Q Super Centre, a medium-sized shopping centre located in the western part of the suburb, featuring various retail and dining options. Nearby, the Pacific Fair Shopping Centre in Broadbeach Waters is one of the largest shopping centres on the Gold Coast. The area's Educational institutions include Miami State School and Merrimac State High School, which opened on 30 January 1979.

Recreational activities are abundant in Mermaid Waters. The suburb has numerous parks and many homes built along artificial canals and lakes, including the 17-hectare freshwater Lake Hugh Muntz, providing boating, fishing, and water sports opportunities. Additionally, the nearby beaches of Mermaid Beach are popular for swimming and surfing.

With its waterfront lifestyle, proximity to shopping and dining options, and access to recreational facilities, Mermaid Waters continues to be a sought-after suburb on the Gold Coast.

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