Giving property investors a a stable capital gain of 9.86% for the last year, Mermaid Beach, 4218 is the 1085th highest performer in Australia in this respect.
While Mermaid Beach,4218 ranked number 424th in QLD for increase in median house value (annualised) increase, it is ranked 3rd over the last 5 years.
The most recent median price for Mermaid Beach is $1587500, with sellers offering an average of -7.37% off the asking price.
In the last year 72 properties changed hands in Mermaid Beach, which puts it as the 311th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $650 mark per week – giving a return of 2.13% based on the median price in Suburb
At number 707th in the list of Australian suburbs ordered by increase in median house value over the last year, Mermaid Beach, 4218 is in the top half with a property value increase of 4.51% recorded in median house prices.
A 38.67% growth in median value for property investors in Mermaid Beach,4218 puts this suburb at number 75th in terms of best performing suburbs in QLD
At number 161th of QLD’s most discounted properties, Mermaid Beach is in the middle of the state/territory when listing in order of most discounted to least.
The QLD suburb of Mermaid Beach, 4218 is in the Gold Coast local government area.