Mermaid Beach, 4218 ranked 335th 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
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mermaid Beach has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Mermaid Beach are currently offering property investors an average price cut of -5.62% below the asking price at the moment.
Often selling an investment property can take time, and in Mermaid Beach the average time real estate has been on the market is 86.39 days.
Mermaid Beach, 4218’s gross rental yield is 2.16%
At number 337th in the list of Australian suburbs ordered by increase in median house value over the last year, Mermaid Beach, 4218 is in the top 20% with a property value increase of 11.41% recorded in median house prices.
A 22.06% growth in median value for property investors in Mermaid Beach,4218 puts this suburb at number 97th in terms of best performing suburbs in QLD
Property buyers and investors in Mermaid Beach 4218 should be seeing an average reduction in asking price of around -4.52% . This means that Mermaid Beach is holding prices well when compared to other suburbs in QLD.
On average over the past year, suburb has had 28.58 sales per month, which equates to 343 per year.