Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Mermaid Beach › Ocean St

10 Ocean St, Mermaid Beach QLD 4218

House

$4,900,000

Last sold

8 Aug 2026

4

Bedrooms

3

Bathrooms

2

Car spaces

405 m²

Land

373 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $4,900,000 (8 Aug 2026).(Recorded sale)
  • CalculationRecorded House sales in Mermaid Beach (last 5 years) with land size: median $8,765/m² of land (n=23). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Medium density residential (Medium density residential) under the City Plan.(City of Gold Coast · 30 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$4,900,000

8 Aug 2026 · derived via latest_sale

Local land rate: recorded House sales in Mermaid Beach (last 5 years) with land size have a median of $8,765/m² of land (n=23). Districts calculation from recorded sales — not a valuation.

Mermaid Beach at a glance

7,183

People

$3,510,000

Median sale

$929/wk

Median rent

1.38%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Mermaid Beach report →

Vs Mermaid Beach

+39.6%

Median sale

Suburb $3,510,000

-0.39 pp

Gross yield

Suburb 1.38%

Suburb median $3,510,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

City Plan

Zone

Medium density residential

Medium density residential

Jurisdiction

City of Gold Coast

Gold Coast, QLD

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: City of Gold Coast
  • Dataset: City Plan V13 Zone
  • Retrieved: 30 Aug 2026
  • Version: 13
  • Parcel: 87RP41784

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Sold$4,900,0008 Aug 2026
  2. Listedprice unknowncompleted1 June 2026
  3. Listedprice unknowncompleted1 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned Medium density residential (City Plan). Official parcel area about 406 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $929/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Medium density residential (City Plan). Official parcel area about 406 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mermaid Beach in one glance

Mermaid Beach at a glance

7,183

People

$3,510,000

Median sale

$929/wk

Median rent

1.38%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Mermaid Beach report →

Keep researching

  • Why Mermaid Beach? Read the area thesis →
  • What else is on the market in Mermaid Beach →
  • Other records on Ocean St →

Listing material

Listed by Kollosche

Contemporary Oasis by the Beach

An eloquent expression of contemporary elegance, this beachside abode balances refined beauty with low-maintenance living. Perched under 100m from the sand and surf on a 405m² block – and surrounded by a fabulous community – it has the rare ability to be both modern and graceful. Unfolding across two levels, soaring ceilings throughout create an enchanting sense of scale, with extensive glazing drawing in abundant natural light. And then there's the versatility. A home for all seasons, the lower level remains naturally cool through summer, while upstairs, glorious winter sunshine cascades in, warming areas like the spacious lounge, complete with ocean vistas.

Cultivated for effortless entertaining, a gourmet kitchen (with premium Miele appliances) anchors an open plan social domain. Comprising of a dining zone, cosy sitting area beneath a staggering 8m (approx.) raked ceiling and lounge, banks of full height bifold doors dissolve the boundaries between indoors and out. This seamless connection ensures the alfresco terrace feels like a natural extension of the interiors. Sheltered and spacious, it forms part of a tranquil outdoor oasis to host guests, refresh in the pool or savour views of the tropical greenery.

Upstairs, three bedrooms and two bathrooms beckon, led by an expansive master suite. With a sitting area, walk-in robe and ensuite adorned with Villeroy & Boch fixtures and a freestanding bath by a vast picture window, it's a private indulgent retreat. Downstairs, a fourth bedroom and separate stylish bathroom is ideal for guests. The home also features a spacious open-air study, high-clearance double garage, gated driveway parking and keyless entry.

Read the full description

The Highlights:

- Contemporary entertainer under 100m from the beach, cultivated to be an eloquent and enchanting two-level oasis

- 405m2 block in a coveted coastal location, surrounded by a great community

- Designed for low-maintenance yet luxe lock-and-leave living

- Boasting high ceilings (including 2.95m downstairs), it's a home for all seasons; naturally cool downstairs and caressed by beautiful winter sun upstairs

- Gourmet kitchen appointed with Miele warming drawer, twin ovens, induction cooktop and semi-integrated dishwasher, integrated Electrolux fridge/freezer

- Living area framed by full height bifold doors for a seamless indoor-outdoor flow

- Dining zone rests by a cosy sitting area beneath a stunning raked ceiling, soaring approx. 8m high

- Light-filled ocean view lounge room on the first floor

- Expansive master suite boasts a delightful sitting area, walk-in robe and luxe ensuite with Grohe and Villeroy & Boch fixtures, plus a freestanding bath by a vast window wall

- Two additional bedrooms upstairs with built-in robes, serviced by a sleek main bathroom with full-height tiling, dual showers

- Downstairs guest bedroom and separate bathroom

- Open-air study nook

- Enchanting alfresco oasis trimmed with tropical greenery, featuring a covered entertaining terrace (with skylights) and tranquil pool

- High clearance double garage plus gated driveway parking

- Ducted air-conditioning

- New carpet

- Ample storage, including the laundry

- Keyless entry

Situated footsteps from the sand and sea, this is a location where a morning surf or swim before work will become part of your daily ritual. The enviable lifestyle continues with renowned foodie favourites including Etsu, Little Truffle, and Gemellini within walking distance, along with charming coffee shops, like Bam Bam Bakehouse. It's only a short drive to sample the vibrant Nobby Beach dining precinct (home to local icon, The Oxley) as well as Broadbeach's shopping, entertainment and culinary scene which features Pacific Fair and The Star Casino. Plus, you'll join the fabric of a warm and welcoming community.

Cultivated to deliver elegance, grace and the freedom to lock-and-leave, this is a beachside gem not to be missed. Contact Eoghan Murphy on 0421 197 720 today.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Listing description written by Eoghan Murphy, Kollosche — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Pool
  • In-Ground Pool
  • Secure Parking
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.