Over the last year, property investments in Mermaid Beach, 4218 have given investors a capital gain of 15.75%. This compares very favourably with the 2.38% for QLD as a whole.
Across a shorter period, Mermaid Beach, 4218 has seen a median price increase of 0.89% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Mermaid Beach is offering property investors an average of -7.24. This rate of discount on properties puts Suburb at number 400th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Mermaid Beach the average time real estate has been on the market is 94.85 days.
Property investors should expect to get $575 weekly from the median priced house in this suburb.
Mermaid Beach, 4218 ranked 28th in QLD when comparing growth in median property values or capital gain over the last 12 months. Mermaid Beach is one of 2415 in our list for QLD
When looking at the potential capital gains offered to property investors over the last 3 years, Mermaid Beach comes in at number 86th in QLD.
The most recent median price for Mermaid Beach is $400000, with sellers offering an average of -4.92% off the asking price.
Renters in Suburb are facing rents around $5040 per annum or $420 every week.