Mermaid Waters at a glance
14,316
People
$2,130,000
Median sale
$943/wk
Median rent
2.30%
Suburb gross yield
Median sale from 64 recorded sales (last 12 months) — a Districts calculation.
QLD › Mermaid Waters › Birigun St
$2,680,000
Last sold
5 Sept 2025
5
Bedrooms
3
Bathrooms
2
Car spaces
531 m²
Land
421 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$2,680,000
5 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Mermaid Waters (last 5 years) with land size have a median of $2,844/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
Mermaid Waters at a glance
14,316
People
$2,130,000
Median sale
$943/wk
Median rent
2.30%
Suburb gross yield
Median sale from 64 recorded sales (last 12 months) — a Districts calculation.
Vs Mermaid Waters
+25.8%
Median sale
Suburb $2,130,000
-0.47 pp
Gross yield
Suburb 2.30%
Suburb median $2,130,000 from 64 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $943/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
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
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.”
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
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mermaid Waters at a glance
14,316
People
$2,130,000
Median sale
$943/wk
Median rent
2.30%
Suburb gross yield
Median sale from 64 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by COASTAL ° RobinaDiscover coastal living in the heart of Mermaid Waters, just a short stroll away from Nobbys Beach. This stylish, spacious beach home offers the perfect blend of comfort and convenience with the beach only 700 meters away.
Nestled in the highly coveted and renowned "the pocket" of Mermaid Waters, this home is a rare find. Located in a quiet neighbourhood street, with Nobby Beach Restaurants, shops and bars being only a short 400 metre from your door. This home finds itself in the company of the Gold Coast's finest restaurants, word-class shopping centres, and pristine beaches, all within easy reach. With the new Nobby's Beach shopping precinct near completion, the lucky purchaser can enjoy the luxury of even more stunning restaurants and coffee shops to explore day and night. Enjoy Pacific Fair shopping centre, Broadbeach restaurants and the Star Casino, all within a five minute drive.
For those that want to enjoy the beach and community lifestyle this is for you. Leave the car at home and see why this is Mermaid Waters best kept secret. With the beach 700 metres and Nobby's precinct only 400 metres from your doorstep, this exceptional home invites you to experience the quintessential coastal lifestyle. Relish all the opportunities this remarkable home has to offer. Don't miss you chance to seize the coastal dream right here.
If you're looking for convenience living, this is a must on your inspection list Walking distance to Nobby's beach, a vibrant array of existing and upcoming restaurants and cafes, and soon to be extension of the Gold Coast light rail system, this home offers unparalleled accessibility. Families will appreciate the access to local primary and high schools both only a short stroll away, as well as three local childcare centres, all within only five minutes away. Sports enthusiasts can enjoy a short walk or bike ride to renowned sporting grounds such as Burleigh Bears Rugby league, Bond Pirates Rugby union and Miami Aquatic centre. For those with four-legged companions, the nearby off-lead dog area at Pizzy Park is a dog lover's dream. Enjoy the vibe of Miami Marketa with food trucks and local attractions. This property promises a lifestyle of ease and relaxation, make sure this is on your inspection list, you wont want to miss out.
Crafted from the ground up, destined to redefine your family's lifestyle. This remarkable dual-level haven boasts an array of impressive features, including three expansive living areas, a covered alfresco entertainer's terrace and a glistening pool.
Property Features:
• North Facing double storey 5-bedroom 3-bathroom home with stunning rendered façade surrounded by tropical gardens
• Offering 3 large living areas, ideal for families with separate designated zones. The main living and dining area features a towering double-height ceiling.
• King size master suite offers a walk-in robe, spa ensuite, and a private balcony with views to Broadbeach and Surfers Paradise Skyline.
• The residence boasts ample space, totalling 373sqm of internal area, with tiled and timber flooring and year-round comfort thanks to air conditioning.
• Gourmet kitchen with sleek CaesarStone kitchen & island benchtops, plenty of cabinet space, dishwasher and quality appliances. Perfectly positioned to entertain and watch the kids in the pool.
• Those entertainers can relish with a hub that is the family and meals area seamlessly connecting to the covered poolside terrace.
• North-facing poolside oasis, enveloped by low maintenance tropical gardens, offering a private sanctuary for sun-soaked relaxation.
• Upstairs offers those larger families an additional living area or games room, opening to a balcony with panoramic views. A kitchenette offers those looking for a dual-living option.
• Study nook with large study area featured upstairs
• Comfortable bedrooms with built-in wardrobes, ceiling fans, and new carpeting for added comfort.
• 3 large modern bathrooms, with the convenience of a full bathroom downstairs servicing 2 bedrooms
• Automatic double lock-up garage with internal access and two additional car spaces.
• Owner occupied with an expected rental return of $1800+ per week
• Council rates approx. $1,500 per half year
• Council water rates approx. $400 per quarter
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Listing description written by Duwayne Mattig, COASTAL ° Robina — reproduced as published, not verified by Districts.