Mermaid Beach has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 13.60% to date .
Mermaid Beach,4218 was ranked 3181 in Australia by increase in median property value over the quarter.
Mermaid Beach4218 is located in QLD which offers an average discount of -7.21% to property investors. Mermaid Beach itself is showing figures that indicate -6.20% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Mermaid Beach the average time real estate has been on the market is 88.37 days.
Mermaid Beach is in the TOP 10% in QLD when comparing median price capital growth over the last year. Mermaid Beach gave property investors a very good capital gain figure when compared to the rest of the state, with 13.89%.
A 20.59% growth in median value for property investors in Mermaid Beach,4218 puts this suburb at number 41th in terms of best performing suburbs in QLD
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.05% offered to property buyers. Sellers in Mermaid Beach itself are offering an average vendor discount of -4.73% to real estate investors.
On average over the past year, suburb has had 28.33 sales per month, which equates to 340 per year.
Advertised rents are around the $420 mark per week – giving a return of 5.33% based on the median price in Suburb