Suburb Profile Report for Mermaid Waters QLD (4218)

Mermaid Waters House: Median price $780,000, Annual capital growth 3.45%, Number of sales 195, Weekly median advertised rent $650

Mermaid Waters Unit: Median price $357,250, Annual capital growth 3.49%, Number of sales 174, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of 0.97% for the last year, Mermaid Waters, 4218 is the 2770th highest performer in Australia in this respect.

While Mermaid Waters,4218 ranked number 193th in QLD for increase in median house value (annualised) increase, it is ranked 92th over the last 5 years.

Mermaid Waters, 4218 is offering QLD ‘s 510th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.

On average over the past year, suburb has had 16.25 sales per month, which equates to 195 per year.

Property investors should expect to get $650 weekly from the median priced house in this suburb.

QLD has seen average median house prices change by 0.65% which means that Mermaid Waters, 4218 has done well for property investors by showing a capital gain of -0.76% over the last year

A 22.77% growth in median value for property investors in Mermaid Waters,4218 puts this suburb at number 212th in terms of best performing suburbs in QLD

Our latest figures would indicate that property sellers in Mermaid Waters are currently offering property investors an average price cut of -4.92% below the asking price at the moment.

On average over the past year, suburb has had 14.50 sales per month, which equates to 174 per year.

Advertised rents are around the $380 mark per week – giving a return of 5.53% based on the median price in Suburb

Metrics i HOUSE UNIT
$780,000 $357,250
2.63% -0.76%
0.97% -0.76%
3.45% 3.49%
$650 $380
195 174
4.33% 5.53%
64.42 62.21

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Mermaid Waters QLD
Demographics
Total population 11789
Median household income ($/weekly) 1093
Median age of persons 41
Median housing loan repayment ($/monthly) 2000
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1260 10.7
    25-34 years 1601 13.6
    35-44 years 1690 14.3
    45-54 years 1517 12.9
    55-64 years 1516 12.9
    Others 4206 35.7
    Age Group
    Census Count Percent(%)
    Registered Married 4062 45.4
    Not Married 4014 44.9
    Defacto Relationship 867 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 7422 68.5
    South Korea 127 1.2
    Papua New Guinea 947 8.7
    United Kingdom 691 6.4
    Other 513 4.7
    Others 1139 10.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 291 2.8
    Christianity 7570 72.5
    Islam 73 0.7
    Other Religious Groups 65 0.6
    No Religion 2350 22.5
    Others 95 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 482 12.0
    $600-$799 465 11.6
    $800-$999 389 9.7
    $1,000-$1,249 364 9.1
    $1,500-$1,999 502 12.5
    Others 1814 45.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3310 36.1
    Employed, worked full-time 3168 34.5
    Employed, worked part-time 1990 21.7
    Unemployed, looking for work 411 4.5
    Employed, away from work 302 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 669 12.2
    Professionals 981 18.0
    Technicians & trades workers 787 14.4
    Clerical & administrative workers 747 13.7
    Sales 755 13.8
    Others 1525 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 129 5.5
    Infants/Primary 846 36.2
    Secondary 551 23.6
    Technical or Further Educational Institution 247 10.6
    University or other Tertiary Institutions 478 20.5
    Others 86 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7742 71.2
    Semi-detached, row or terrace house, townhouse 1775 16.3
    Flat, unit or apartment 1253 11.5
    Caravan, cabin, houseboat 100 0.9
    House or flat attached to a shop, office 9 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1599 36.3
    Rented 1420 32.2
    Being purchased 1360 30.8
    Other tenure type 31 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals