Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

QLD › Mermaid Beach › Alexandra Ave

1501/26 Alexandra Ave, Mermaid Beach QLD 4218

For saleApartment

$5,400,000

For sale

Asking

4

Bedrooms

3

Bathrooms

3

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $5,400,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $5,400,000(Listing record · 11 Mar 2026)
  • CalculationAsk is 54% above the Mermaid Beach median recorded sale ($3,510,000, n=21, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mermaid Beach's advertised median rent ($929/wk), implied gross yield would be 0.89% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

The ask against the evidence

Asking

$5,400,000

Asking

No recorded sale for this property.

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

+53.8%

Median sale

Suburb $3,510,000

-0.49 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.

Total cost to purchase

Purchase Price
$5,400,000
Stamp Duty (Queensland)
$291,025
Transfer/Registration Fee
$24,552
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$5,719,277

$319,277 on top of the price (5.9% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Mermaid Beach's advertised median rent — not a rent for this listing.

Net yield
-0.61%
Annual cashflow (pre-tax)
$-313,492
Interest cover (DSCR)
-0.12
Annual rent
$48,308
Operating expenses
$81,000
Loan amount
$4,320,000
Annual interest
$280,800
Gross yield
0.89%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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. Listed$5,400,000available11 Mar 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?

Planning 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.

What could kill that thesis?

Confidence: low

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

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

Gross yield if leased at the suburb aggregate is 0.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 Alexandra Ave →

Listing material

Listed by Kollosche

Brand New Modern Coastal Apartment in "Laani"; 300m from the Beach

Be the first to enjoy a brand new modern coastal apartment just 300m from Mermaid Beach. Elevated to capture superb north-east ocean and city views, it graces the 15th floor of "Laani", a boutique 20-storey building crafted by award-winning BDA Architects and respected developer Dankav. Primed for sophistication, security and effortless lifestyle appeal, it's perfectly suited to downsizers seeking refined, lock-and-leave living or investors targeting a premium beachside address.

Light-filled interiors unfold across an impressive 284m²*floorplan, where floor-to-ceiling glazing frames the surrounding vistas. Indoor-outdoor connection is paramount too, with the vast alfresco balcony acting as a seamless extension of the kitchen and dining zone. A sleek space with a butler's pantry, it adjoins a spacious lounge and creates a striking social hub to relax or entertain. Three ensuite bedrooms are equally impressive, led by a master suite wrapped in dual-aspect window and boasting a walk-in robe. Additionally, a powder room, dedicated laundry and secure parking for three cars enhance practicality.

Residents will also relish access to an exceptional suite of resort-style amenities. Unwind beside the elevated pool, host gatherings in the protected BBQ and outdoor dining area, or take advantage of the private function room, theatre, fully equipped gym and sauna. Best of all, everything awaits within a supremely central, unbeatable beachside location.

Read the full description

The Highlights:

- Brand new, light, bright and luxurious apartment in "Laani", embraced by north-east ocean and city views

- Enviable location, just 300m* from the golden sands of Mermaid Beach

- 15th floor setting in a boutique 20-storey complex brought to life by award-winning BDA Architects and respected local developer Dankav

- Impressive 284m2* floorplan epitomises modern coastal living, accentuated by floor-to-ceiling glazing and quality finishes

- Sleek kitchen with butler's pantry

- Expansive, open plan kitchen, living and dining zone seamlessly connects with the alfresco balcony

- Light-filled master suite wrapped in dual aspect windows, includes a walk-in robe and luxe ensuite

- Two additional ensuite bedrooms feature built-in robes

- Powder room

- Resort style amenities include a pool with elevated views, protected BBQ and outdoor dining area, private function room, theatre room, fully equipped gym and sauna

- Secure building access

- Parking for three cars

- Ducted air-conditioning throughout

- Ideal as an astute investment or lock-and-leave residence for downsizers

Whether it's a sunrise walk along the sand, dinner at award-winning restaurants or a spot of world-class shopping, every element of a dream lifestyle is within easy reach. Beaches and parklands are just 300m* away, with retail and leisure mecca, Pacific Fair approx. 450m* away. For a night out, stroll to the renowned Broadbeach dining precinct or Star Casino, while the proximity to the Gold Coast Convention and Exhibition Centre and public transport (including G-Link light rail) adds to the convenience and allure.

Broadbeach's most refined new building is ready to welcome you home. Enquire with Gypsea Youngsmith on 0424 544 485 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 Gypsea Youngsmith, Kollosche — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Intercom
  • Secure Parking

Also look at

Also for sale in Mermaid Beach

  • U501, 26 Alexandra Ave, Mermaid Beach QLD 4218

    3-bed apartment. Currently listed.

    For sale
  • 10 Alexandra Ave, Mermaid Beach QLD 4218

    3-bed apartment for sale. Currently listed.

    For sale
  • 5/36 Alexandra Ave, Mermaid Beach QLD 4218

    2-bed unit. Asking $895K.

    For sale
  • 3/10-16 Alexandra Ave, Mermaid Beach QLD 4218

    1-bed apartment. Currently listed.

    For sale
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.