If you compare the increase in value of investment property in Mermaid Waters, 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 3.63%.
When looking at the potential capital gains offered to property investors over the last 3 years, Mermaid Waters comes in at number 205th in QLD.
Our latest figures would indicate that property sellers in Mermaid Waters are currently offering property investors an average price cut of -6.03% below the asking price at the moment.
Renters in Suburb are facing rents around $7800 per annum or $650 every week.
Mermaid Waters has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 12.97% to date .
If we look at median property appreciation over just the last three months, Mermaid Waters has given property investors a paper return of -0.96%. This puts Suburb as 226 on a list of fastest fasting appreciating suburbs in QLD
Property buyers and investors in Mermaid Waters 4218 should be seeing an average reduction in asking price of around -4.17% . This means that Mermaid Waters is holding prices well when compared to other suburbs in QLD.
In the last year 173 properties changed hands in Mermaid Waters, which puts it as the 46th most active market in QLD when comparing the number of sales per suburb.
Property investors should expect to get $370 weekly from the median priced house in this suburb.