Mermaid Waters, located within the vibrant Gold Coast region of Queensland, is known for its scenic waterways, relaxed lifestyle, and proximity to pristine beaches. The housing market in Mermaid Waters has experienced significant interest, driven by both local and interstate buyers attracted to its unique blend of suburban tranquility and coastal accessibility. Properties in Mermaid Waters range from modern waterfront homes with private jetties to more traditional suburban houses, as well as a selection of apartment complexes offering diverse living options to suit various lifestyles and budgets. In recent years, the suburb has witnessed moderate to strong price growth, propelled by its desirable location, the broader appeal of the Gold Coast as a lifestyle hub, and the limited supply of waterfront properties. This growth trend underscores the suburb's appeal to investors and homebuyers looking for both capital appreciation and a quintessential Queensland living experience.
Living in Mermaid Waters offers a harmonious blend of leisure, convenience, and natural beauty. Residents enjoy easy access to some of the Gold Coast’s most popular beaches, shopping destinations like Pacific Fair, and vibrant dining and entertainment precincts. The suburb is also well-serviced by public transport, making it convenient for commuting to nearby commercial centers and educational institutions. Community life in Mermaid Waters is enhanced by its well-maintained parks, recreational facilities, and local events that cultivate a sense of cohesion among residents. Offering a peaceful yet connected lifestyle, Mermaid Waters is ideal for families, retirees, and those seeking a balanced life near the water without being far removed from urban amenities. The combination of its serene environment and the Gold Coast’s dynamic offerings makes living in Mermaid Waters an attractive proposition for residents who value both relaxation and accessibility.
Median Weekly Rent | $639.62 |
Median Monthly Mortgage | $2280.29 |
Median Persons Per bed houseroom | 0.77 |
Average Household Size | 2.86 |
Average Age | 40.38 |
Average Income | $830.95 |
Average Cars Per Dwelling | 1.98 |
Average Properties Within 50M | 25 |
Typical 1 bed house | $869,000 |
Typical 2 bed house | $662,000 |
Typical 3 bed house | $1,435,000 |
Typical 4 bed house | $1,857,000 |
Typical 5 bed house | $2,284,000 |
Typical 6 bed+ house | $2,353,000 |
Housing Stock
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Thinking about buying in Mermaid Waters? Now could not be a better time, with 6676 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,389,000 with prices in this suburb ranging from $272,000 to $14,983,000. Mermaid Waters is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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.
Instant Property ValuationMiami State School
Merrimac State High School
Miami State High School
Broadbeach State School
St Vincent's Primary School
Arcadia College
Caningeraba State School
(While the above schools are located with the suburb of Mermaid Waters there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Nov | 1.4 | 19.2 | 27.4 | 54.3 | 89.0 | 5.4 | 27.5 |
Dec | 5.6 | 20.9 | 28.4 | 60.5 | 91.9 | 5.5 | 25.3 |
Jan | 5 | 22.0 | 29.2 | 61.1 | 90.6 | 6.1 | 24.6 |
Feb | 8.3 | 21.7 | 29.0 | 63.2 | 90.9 | 6.3 | 21.9 |
Mar | 7.5 | 21.0 | 28.2 | 61.2 | 90.6 | 6.2 | 18.2 |
Apr | 4.3 | 18.2 | 26.4 | 56.5 | 90.6 | 5.5 | 16.7 |
May | 2.1 | 15.0 | 23.5 | 53.8 | 87.4 | 4.7 | 13.8 |
Jun | 2.7 | 12.9 | 21.5 | 52.1 | 87.8 | 4.7 | 11.9 |
Jul | 2.2 | 12.1 | 21.3 | 48.5 | 88.0 | 4.7 | 13.2 |
Aug | 0.5 | 12.2 | 22.9 | 40.2 | 86.1 | 4.4 | 16.4 |
Sept | 0.9 | 14.8 | 24.6 | 45.3 | 85.5 | 5.0 | 21.1 |
Oct | 1.8 | 17.1 | 25.7 | 56.7 | 92.2 | 5.9 | 22.4 |
source: Australian Government Bureau of Meteorology
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