Property value increases in Mermaid Beach have tracked higher than the QLD average of 2.11% over the last 12 months.
Across a shorter period, Mermaid Beach, 4218 has seen a median price increase of 2.69% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Mermaid Beach is offering property investors an average of -7.29. This rate of discount on properties puts Suburb at number 408th in terms of most discounted suburbs in QLD
At number 2379 in a list of fastest selling suburbs, Mermaid Beach is in the bottom 40% of suburbs in Australia with an average of days on market 93.88 for properties listed there.
The QLD suburb of Mermaid Beach, 4218 is in the Gold Coast local government area.
Property investors who have had real estate in Mermaid Beach, 4218 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.14%
The five-year average increase in median property values for Mermaid Beach,4218 has given property investors a potential capital gain of 4.31% across each of those five years.
Mermaid Beach4218 is located in QLD which offers an average discount of -6.00% to property investors. Mermaid Beach itself is showing figures that indicate -4.90% is the average achievable by property buyers investing in the suburb.
At number 909 in a list of fastest selling suburbs, Mermaid Beach is in the bottom 40% of suburbs in Australia with an average of days on market 87.09 for properties listed there.
Advertised rents are around the $410 mark per week – giving a return of 5.69% based on the median price in Suburb