Mermaid Waters at a glance
14,316
People
$2,140,000
Median sale
$943/wk
Median rent
2.29%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
QLD › Mermaid Waters › Bowline Rd
$1,680,000
Last sold
30 Aug 2025
3
Bedrooms
2
Bathrooms
4
Car spaces
647 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
Last sold
$1,680,000
30 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Mermaid Waters (last 5 years) with land size have a median of $2,895/m² of land (n=65). Districts calculation from recorded sales — not a valuation.
Mermaid Waters at a glance
14,316
People
$2,140,000
Median sale
$943/wk
Median rent
2.29%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
Vs Mermaid Waters
-21.5%
Median sale
Suburb $2,140,000
+0.63 pp
Gross yield
Suburb 2.29%
Suburb median $2,140,000 from 63 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
$2,140,000
Median sale
$943/wk
Median rent
2.29%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by COASTAL °Brilliantly crafted to embody modern family living, this impeccably designed residence delivers effortless style, versatile space and easy indoor-outdoor flow. Showcasing two generous living zones and the option to integrate a separate retreat for in-laws, it flows seamlessly to a private tropical garden sanctuary, complete with a spectacular covered alfresco terrace, built-in BBQ, and sparkling in-ground pool. At the heart of the home, a deluxe stone island kitchen boasts a servery window opening to a stool bar on the terrace, the deluxe main bedroom includes an ensuite, and the bathrooms are finished in ultra-modern themes. Set on a generous 647sqm of secure near-level lawn with a synthetic turf putting green, its super-central lifestyle and convenience, it's super central lifestyle setting is footsteps to local parks and Miami State School, a short stroll to Waterways Shopping Village, Pizzey Park and Miami Aquatic Centre, and within easy walking distance of Nobby's buzzing café, dining and beach scene.
• Extensive family and meals area with air-con and polished concrete floors
• The second living area can form part of a retreat and opens to the rear terarce
• Covered entertainers' terrace extends to a courtyard with a built-in barbecue
• CaesarStone kitchen with a breakfast bar and a fitted bar area
• Smeg induction cooktop and dishwasher, bi-fold windows open to the front deck
• 3 Large bedrooms with built-ins and ceiling fans, and the main has an ensuite with air-con and a spa bath and 2 multi purpose rooms.
• The family bathroom has a separate shower and tub
• Enclosed easy-care rear grounds and pool framed by landscaped tropical gardens
• There's a dedicated putting green tucked around the side for golf nuts and the kids
• A sundeck overlooks the private enclosed front garden with monkey bars/chin-up bars
• Polished concrete floors, recessed LED lighting, skylights, solar panels and air-con
• 100m to a park and playground, 200m to the waterside McIlwain Family Park
• 200m to Miami State School, 300m to the Pizzey Park Sports Complex and fields
• 330m to the boutique Waterway Village with eateries, specialist shops and an IGA
• Short stroll to Broadbeach/Burleigh Heads buses and the new proposed light rail
• 650m to Miami Aquatic Centre, wander to Burleigh Bears and Miami Marketta
• Easy walk to the Nobby entertainment precinct, The Oxley and Nobby Beach
• Street access to a car space with a lock-up shed behind - ideal for a boat
• Double lock-up garage with mezzanine storage plus a double carport
Andre Shaprles
0413 691 700
andre.sharples@coastal.com.au
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. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Andre Sharples, COASTAL ° — reproduced as published, not verified by Districts.
Also look at
3 Helm Ct, Mermaid Waters QLD 4218
3-bed house for sale. Currently listed.
U5, 34 Albicore St, Mermaid Waters QLD 4218
3-bed house. Currently listed.
U8, 9 Jodie Ct, Mermaid Waters QLD 4218
3-bed townhouse. Asking $1.05M.
3/127 Sunshine Blvd, Mermaid Waters QLD 4218
2-bed villa. Currently listed.