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.

Mermaid Waters Real Estate Market Outlook

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.

Houses for sale Mermaid Waters

	3 maralinga av, mermaid waters, qld, 4218	4	3	0	Offers over $1,500,000
	33 gretel dr, mermaid waters, qld, 4218	3	2	2	Priced To Sell
	40 port dr, mermaid waters, qld, 4218	4	2	2	$2,700,000
	9 wanneroo ct, mermaid waters, qld, 4218	4	2	2	Contact Agent
	17 drayton tce, mermaid waters, qld, 4218	5	3	2	3000000
	7 sanctuary ct, mermaid waters, qld, 4218	4	3	2	1
	161 barrier reef dr, mermaid waters, qld, 4218	4	3	2	2200000
	43 intrepid dr, mermaid waters, qld, 4218	5	6	4	4000000
	28 melody st, mermaid waters, qld, 4218	3	1	5	1650000
	33 sundowner ct, mermaid waters, qld, 4218	4	5	4	5000000
	3 ondine ct, mermaid waters, qld, 4218	4	3	2	3000000
	unit 3, glenvale, 15 duet dr, mermaid waters, qld, 4218	4	1	1	Offers above $699,000
	unit 8, mermaid lodge, 12 duet dr, mermaid waters, qld, 4218	2	1	1	$460 p/week
	181 markeri st, mermaid waters, qld, 4218	4	2	2	Offers over $2,295,000
	unit 6, tamara lodge, 8 angie ct, mermaid waters, qld, 4218	3	2	1	$750 p/week
	unit 1, tamara lodge, 8 angie ct, mermaid waters, qld, 4218	13	7	6	Offers over $2,995,000
	unit 2, cricklewood court, 5 angie ct, mermaid waters, qld, 4218	2	1	1	Offers over $499,000
	1 vatakoula pde, mermaid waters, qld, 4218	4	2	2	Expressions of interest
	unit 93, sailfish cove, 215 cottesloe dr, mermaid waters, qld, 4218	3	2	1	Offers over $499,000
	unit 35, 56 hooker bvd, mermaid waters, qld, 4218	2	2	1	Contact agent

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General Points of Interest

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