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 16.24% to date .
Taking the average capital gain, or increase in median house value, Mermaid Waters,4218 has racked up an average of 16.24% over the period. This ranks it number 1222th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Mermaid Waters is $875000, with sellers offering an average of -3.80% off the asking price.
In the last year 173 properties changed hands in Mermaid Waters, which puts it as the 81th most active market in QLD when comparing the number of sales per suburb.
Mermaid Waters, 4218’s gross rental yield is 3.86%
With a capital gain of 4.95% for the last 12 months, Mermaid Waters, 4218 has performed for property investments than its average annual 3.23% property growth over the last 5 years.
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.
The most recent median price for Mermaid Waters is $376500, with sellers offering an average of -2.33% off the asking price.
Property investors should expect to get $385 weekly from the median priced house in this suburb.