Suburb Location

Market Indexes of Mermaid Waters

  • $1,620,000 Median Asking Price
  • $950 Median Rent
  • 0.03% Rent Yield
  • 185 Stock On Sale
  • 0.34% Vacancy Rate
  • 114 Average Supply
  • 7302 Average Demand
  • 63.95 Supply Demand Ratio

Demographics of Mermaid Waters

Dwelling Structure

Separate house2856
Semi-detached901
Unit/apartment725
Other79

Occupied/unoccupied

Occupied4561
Unoccupied475

Persons

Males5702
Females6087

Tenure and Landlord Type

Owned outright1599
Owned with a mortgage1360
Rented1403
Public housing17
Other181

Medians and Averages

Median total household income1093 $/week
Median mortgage repayment2000 $/month
Median rent340 $/week
Average household size2.4
Persons11789
Total private dwellings5036

Supply Demand History in Mermaid Waters

MonthSupplyDemand
2015 Apr1237655
2015 May1157690
2015 Jun1167081
2015 Jul1137353
2015 Aug1047218
2015 Sep936467
2015 Oct1037058
2015 Nov1236954
2015 Dec1145227
2016 Jan1107204
2016 Feb996224
2016 Mar1046901
2016 Apr1368102

More Properties Sold in Mermaid Waters

AddressSold DatePrice
50 Volante Crescent, Mermaid Waters QLD 4 2 2 31 Aug 2019$1,055,000
11/2-34 Karbunya Street, Mermaid Waters QLD 2 2 2 28 Aug 2019$608,000
6 Oriana Drive, Mermaid Waters QLD 4 3 2 21 Aug 2019$1,300,000
16/173 Barrier Reef Drive, Mermaid Waters QLD 3 2 2 17 Aug 2019$1,150,000
4/131 Sunshine Boulevard, Mermaid Waters QLD 2 2 1 14 Aug 2019$430,000

More Properties Rent in Mermaid Waters

AddressRent DatePrice
1 Sanctuary Court, Mermaid Waters QLD 4 3 2 27 Mar 2024$1,250
47 Barrier Reef Drive, Mermaid Waters QLD 4 2 2 27 Mar 2024$1,000
2/141 Sunshine Boulevard, Mermaid Waters QLD 2 1 2 25 Mar 2024$750
15/300 Cottesloe Drive, Mermaid Waters QLD 4 2 1 21 Mar 2024$950
6/27-29 Surfers Avenue, Mermaid Waters QLD 3 2 1 20 Mar 2024$850

Rent Yield in Mermaid Waters

BedsAverage PriceAverage RentAverage Rent Yield%Median PriceMedian RentMedian Rent Yield%Listings
ALL
1$586,333$6956.16%$559,000$6956.47%4
2$701,375$7195.33%$657,500$6855.42%83
3$1,182,125$1,0024.41%$1,150,000$9654.36%48
4$1,817,144$1,3353.82%$1,750,000$1,4004.16%60
5$2,997,588$1,8253.17%$2,695,000$1,8003.47%34
6$2,497,500$1,6003.33%$2,497,500$1,6003.33%4
House
2-$732--$750-3
3$1,251,334$1,0414.33%$1,469,000$1,0753.81%13
4$1,893,184$1,3383.68%$1,695,000$1,4004.29%31
5$3,315,364$1,9002.98%$2,700,000$1,9753.80%23
6$2,995,000$1,6002.78%$2,995,000$1,6002.78%3
Unit/apmt
1-$695--$695-1
2$622,571$7436.21%$660,000$7005.52%32
3$1,197,250$8833.84%$962,500$6003.24%8
Villa
1$559,000--$559,000--1
2-$638--$638-2
4$1,895,000$1,4003.84%$1,895,000$1,4003.84%2
Townhouse
2$987,000$6503.42%$987,000$6503.42%7
3$906,750$7734.43%$864,000$7354.42%8
4-$950--$950-1
Other
2-$775--$775-2
4$1,425,000$1,6005.84%$1,425,000$1,6005.84%4
Unknown
1$600,000--$600,000--2
2$700,067$7065.24%$650,000$6835.46%37
3$1,348,800$1,0744.14%$1,250,000$1,0004.16%19
4$1,798,571$1,3183.81%$1,800,000$1,3003.76%22
5$2,415,000$1,6453.54%$2,347,500$1,6003.54%11
6$2,000,000--$2,000,000--1

Schools in Mermaid Waters

School NameSchool SectorSchool Type
Merrimac State High SchoolNon-governmentSecondary
Miami State SchoolNon-governmentPrimary

Based on Australian Bureau of Statistics data