Mermaid Waters is in the TOP 30% in QLD when comparing median price capital growth over the last year. Mermaid Waters gave property investors a good capital gain figure when compared to the rest of the state, with 7.80%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mermaid Waters has increased when compared to the 5 year average annual rate.
At number 522th of QLD’s most discounted properties, Mermaid Waters is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Situated 75.41km from the CBD, Mermaid Waters is one of Gold Coast localities in the postcode 4218.
Property investors who have had real estate in Mermaid Waters, 4218 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.42%
If we look at median property appreciation over just the last three months, Mermaid Waters has given property investors a paper return of -2.08%. This puts Suburb as 271 on a list of fastest fasting appreciating suburbs in QLD
Mermaid Waters4218 is located in QLD which offers an average discount of -6.05% to property investors. Mermaid Waters itself is showing figures that indicate -5.02% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $372.5 weekly from the median priced house in this suburb.