Investment property in Mermaid Beach has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.40%
Mermaid Beach,4218 was ranked 2383 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Mermaid Beach should be aiming for at least -6.94% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $580 and the average annual increase in value of a median property of 5.52%, investors should hope to achieve an overall return of 2.15%
Mermaid Beach, 4218 ranked 58th 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 123th in QLD.
Mermaid Beach, 4218 is offering QLD ‘s 223th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.