Fraud Blocker

Mermaid Waters, QLD 4218

Home » QLD Real Estate Data » Gold Coast City, QLD » Mermaid Waters, QLD 4218

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Mermaid Waters, QLD 4218 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Mermaid Waters, QLD 4218”

  1. The total adult population (15 years or older) of Mermaid Waters 4218 QLD is 10,826, with a median age of 40. Of those, 43.62% are married, 13.79% are divorced or separated, 37.15% are single and 5.36% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $8,508. The median monthly mortgage repayment for households in this suburb is $2,167 which is 25.47% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in the sunny state of Queensland, Mermaid Waters 4218 is a vibrant suburb with an estimated 5,819 households. As we head into the third quarter of 2023, typical house prices in this area are set at an impressive $1,890,872. Holding a median weekly rent of $1,037, houses in Mermaid Waters yield an indicative 2.85%. That being said, it’s critical to keep in mind that yields above 3% are generally more attractive to property investors seeking positive cash flow.

    In terms of socio-economic status, Mermaid Waters commands an IRSAD score of 1,038 out of 1,217, suggesting that the area is backed by a well-off demographic with robust economic resources. This could indeed be a promising factor for property investors. However, carefully inflating these details with the area’s renter to owner ratio (28%), should remind us that a well-balanced market is key. Here, these numbers convey a healthy equilibrium with only 28% rental properties in comparison to owned properties.

    Delving into the types of properties available in Mermaid Waters, the data shows a 28% units to houses ratio. This not only implies a balance of property types, but should also appeal to investors as there is less competition for tenants and this could help maintain more attractive rental yields over the long term.

    However, the suburb’s affordability index may sound alarm bells for potential investors and homeowners alike. At 87 years, the area seriously exceeds the comfort zone of 30 years, pointing towards a much lengthier period required to fully own a property. This is quite a crucial metric and could potentially sway decisions about investing in the area.

    In terms of supply metrics, Mermaid Waters sits comfortably in the favourable and neutral zones. With a stock on market Percentage of 0.55% and an inventory Level of 1.37 months, the market is neither oversupplied nor undersupplied. Additionally, the building approvals Ratio for houses is at 0.82%, showing an acceptable level of new housing stock coming into the market.

    Concerning demand, properties typically spend 42 days on the market, indicating the market activity is quite balanced. The combined vacancy rate is 3.22% meaning that demand is reasonable, and the buy search index for houses is in the middle ground at 5, signifying the average property interest compared to the state or city.

    In summary, while certain metrics, notably the high affordability index, may cause initial hesitation, others, such as the balanced supply and demand indicators, IRSAD score and renter to owner ratio suggest encouraging investment prospects. It’s clear that Mermaid Waters boasts some appealing factors for potential investors. However, continuously keeping an eye on the market swings is pivotal to valid investment decisions, especially with toolsets like RCS (Relative Composite Score) from HtAG Analytics that uses over 80 metrics to simplify these steps.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment