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 › Wanneroo Ct
For sale
For sale
4
Bedrooms
2
Bathrooms
2
Car spaces
1,124 m²
Land
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
Asking
No recorded sale price for this property yet.
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.
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 KolloscheAnchored by an oversized block on the bank of a wide waterway, this well-maintained, single-level residence offers a versatile opportunity in a much-loved pocket of Mermaid Waters.
Courtesy of its coveted north-east orientation, the property boasts enviable views of the city skyline, which are best enjoyed from the waterfront pool and patio. This space connects effortlessly with the home's multiple living zones, promoting a breezy indoor-outdoor lifestyle that lends itself to alfresco dining and entertaining.
The family-friendly floor plan also features four generous bedrooms. The stand-out among them is the sprawling master, which offers parents a private sanctuary with their own walk-in robe and ensuite. Rounding out the features are a double garage, plus flat front and rear lawns and a sandy shore where children and pets can run free.
Boasting plenty of space and upside potential, this property presents a prime opportunity for young families and savvy investors alike. To maximise the potential of this oversized block in an elite locale, the new owner could even explore the option for a personalised renovation or brand-new luxury build.
Highlights:
- Prime waterfront opportunity in a highly desired and family-friendly pocket
- Well-maintained single-level residence with exciting investment or upside potential
- Low-maintenance 1,124m2* block with wide frontage to a calm waterway
- Coveted north-east aspect with views over water to the city skyline
- Fully-tiled waterfront swimming pool; flat front and rear lawns for children and pets
- Large, covered poolside patio overlooking pool and water
- Open kitchen, living and dining zone; secondary living space or office featuring a fireplace, built-in bar and adjoining powder room; both living areas boast pool and water outlook plus patio access
- Primary bedroom features walk-in robe and ensuite with shower, single vanity and toilet
- Three more sizeable bedrooms, each with built-in robes
- Main bathroom features floor-to-ceiling tiles, built-in bath, shower, dual vanity and separate toilet
- Double garage; laundry with external access
- Ducted air-conditioning and ceiling fans throughout
- Fenced property with gated pedestrian access
Tucked away in a highly desired pocket of Mermaid Waters, this property is positioned for a life of utmost convenience with easy access to beaches and key attractions. The patrolled sand and surf of Mermaid Beach is just 3km away, easily reachable in a leisurely bike ride. The bustling lifestyle precinct of Nobby Beach is even closer, with much-loved dining options including The Oxley located within 2.7km of the doorstep. Only slightly further afield are the vibrant retail and dining offerings of Broadbeach, which include The Star and Pacific Fair Shopping Centre, both of which are within 5km of the home. Families will appreciate sitting in the catchment for Miami State School and Merrimac State High School, while proximity to major connecting roads like Bermuda Street and the Gold Coast Highway ensure an easy commute north or south for work.
Explore the full potential of an oversized waterfront property in one of the Gold Coast's most sought-after postcodes. Contact Taylor Kleinberg on 0447 466 177 or Thibault Parolini on 0401 023 142 to arrange your inspection.
Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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 Taylor Kleinberg, Kollosche — reproduced as published, not verified by Districts.