Suburb Profile Report for Mermaid Beach QLD (4218)

Mermaid Beach House: Median price $1,415,000, Annual capital growth 7.01%, Number of sales 64, Weekly median advertised rent $590

Mermaid Beach Unit: Median price $367,500, Annual capital growth 1.87%, Number of sales 320, Weekly median advertised rent $403

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

At number 359th in the list of Australian suburbs ordered by increase in median house value over the last year, Mermaid Beach, 4218 is in the top 10% with a property value increase of 16.77% recorded in median house prices.

If we look at median property appreciation over just the last three months, Mermaid Beach has given property investors a paper return of 2.91%. This puts Suburb as 173 on a list of fastest fasting appreciating suburbs in QLD

At number 347th of QLD’s most discounted properties, Mermaid Beach is in the middle of the state/territory when listing in order of most discounted to least.

If you compare the increase in value of investment property in Mermaid Beach, 4218 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 5.00%.

If we look at median property appreciation over just the last three months, Mermaid Beach has given property investors a paper return of 2.08%. This puts Suburb as 96 on a list of fastest fasting appreciating suburbs in QLD

Vendor discounting in Mermaid Beach is giving property investors an average Vendor Discount of around -4.61%. This puts suburb at number 229th in QLD when ranking the most discounted suburbs.

Renters in Suburb are facing rents around $4830 per annum or $402.5 every week.

HOUSE UNIT
$1,415,000 $367,500
2.91% 2.08%
16.77% 5.00%
7.01% 1.87%
$590 $403
64 320
2.17% 5.70%
95.16 86.78

Source: CoreLogic

DSR Score for property investment : Very good (U), Above average (H)
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Demographics
Total population 5722
Median household income ($/weekly) 1210
Median age of persons 33
Median housing loan repayment ($/monthly) 2000
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 676 11.8
    25-34 years 1451 25.4
    35-44 years 791 13.8
    45-54 years 685 12.0
    55-64 years 617 10.8
    Others 1502 26.2
    Age Group
    Census Count Percent(%)
    Not Married 2358 54.5
    Registered Married 1312 30.3
    Defacto Relationship 657 15.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3786 73.5
    South Korea 54 1.0
    Papua New Guinea 441 8.6
    United Kingdom 219 4.3
    Other 248 4.8
    Others 404 7.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 93 1.9
    Christianity 3298 67.6
    Judaism 22 0.5
    Other Religious Groups 35 0.7
    No Religion 1400 28.7
    Others 30 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 255 11.6
    $800-$999 233 10.6
    $1,000-$1,249 225 10.2
    $1,250-$1,499 204 9.3
    $1,500-$1,999 296 13.4
    Others 992 45.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2097 45.8
    Not in the labour force 1068 23.3
    Employed, worked part-time 1053 23.0
    Unemployed, looking for work 198 4.3
    Employed, away from work 164 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 451 13.6
    Professionals 769 23.2
    Technicians & trades workers 451 13.6
    Community & personal service workers 426 12.9
    Sales 426 12.9
    Others 790 23.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 244 23.6
    Secondary 197 19.1
    Technical or Further Educational Institution 129 12.5
    University or other Tertiary Institutions 366 35.5
    Other type of educational institution 52 5.0
    Others 44 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2543 50.5
    Separate house 1666 33.1
    Semi-detached, row or terrace house, townhouse 813 16.2
    House or flat attached to a shop, office 10 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1362 57.0
    Being purchased 526 22.0
    Fully owned 485 20.3
    Other tenure type 15 0.6
    Tenure Type
Census 2011, ABS
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