Mermaid Beach has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 9.08% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Mermaid Beach comes in at number 2nd in QLD.
Mermaid Beach, 4218 is offering QLD ‘s 193th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this QLD.
Often selling an investment property can take time, and in Mermaid Beach the average time real estate has been on the market is 103.66 days.
QLD has seen average median house prices change by 0.82% which means that Mermaid Beach, 4218 has done well for property investors by showing a capital gain of 2.44% over the last year
The five-year average increase in median property values for Mermaid Beach,4218 has given property investors a potential capital gain of 35.48% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Mermaid Beach is offering property investors an average of -5.77. This rate of discount on properties puts Suburb at number 183th in terms of most discounted suburbs in QLD
In the last year 315 properties changed hands in Mermaid Beach, which puts it as the 14th most active market in QLD when comparing the number of sales per suburb.
Property investors should expect to get $440 weekly from the median priced house in this suburb.