161 Barrier Reef Drive, Mermaid Waters QLD 4218
This property is Off Market
- The Average property price in this area is $1,389,716, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 2.49 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Mermaid Waters
With an average age of 43, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $450. The average family earns a weekly income of $2,097 with a typical household size of 2.5 and a 95.44% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Low average incomes in Mermaid Waters is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Mermaid Waters provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Mermaid Waters necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Broadbeach North
Broadbeach South
Cavill Avenue
Cypress Avenue
Florida Gardens
Northcliffe
Surfers Paradise North
Surfers Paradise
HOTA, Home of the Arts
Surfers Paradise Ferry Terminal
General Points of Interest
St Hida's Aquatics Club
North Burleigh SLSC
Surfers Paradise Lifeguard Centre
Gold Coast Pistol Club
Q Super Centre
Griffith University Gold Coast
Tallebudgera Leisure Centre
Gold Coast Croatia Sports Cente
Gold Coast Burleigh Golf Club
Burleigh Heads Soccer Club
Population
(Country of Birth not stated 3%)
Are people healthy?
There are a recorded 1382 asthma sufferers and 494 people living with diabetes. In addition, 629 people have a heart/vascular condition and 1132 people live with three or more chronic diseases.A good place to invest in property?
Mermaid Waters a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
26 / 100
32 / 100
Industry
44 / 100
32 / 100
Population
31 / 100
40 / 100
House Prices
75 / 100
63 / 100
Jobs
35 / 100
31 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsMiami SS Merrimac SHS
Property Story
161 Barrier Reef Drive, Mermaid Waters, Qld, 4218 is a residential property . The estimated distance to the sea is 2.49km and at least 2.95KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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