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 › Dame Patti Ave
$2,050,000
Last sold
12 Jan 2026
4
Bedrooms
3
Bathrooms
4
Car spaces
668 m²
Land
228 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
$2,050,000
12 Jan 2026 · 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
-3.8%
Median sale
Suburb $2,130,000
+0.09 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 Harcourts Property HubHerbie is proud to present a rare opportunity in this highly sought after pocket of Mermaid Waters.
Perfectly positioned in one of the suburbs' most desirable streets, 17 Dame Patti Avenue offers the ultimate blend of relaxed coastal living and modern convenience. Set in a quiet, leafy pocket just moments from the beach, this beautifully presented home captures the essence of the Gold Coast lifestyle — sun, space, and serenity.
Step inside to discover bright, open-plan living areas that flow seamlessly to an undercover outdoor entertaining space — perfect for family barbecues or weekend gatherings with friends. The contemporary kitchen sits at the heart of the home, featuring quality appliances, an island bench, walk in pantry and easy access to the dining and lounge areas. Both living rooms feature large projector screens to provide a cinematic experience.
Accommodation includes four generous bedrooms including dual master suites at either end of the house, all with built-in robes, and all three bathrooms have a modern design with comfort and practicality in mind. The first master suite is spacious and offers a comfortable and relaxing arrangement, including walk in robe, ensuite with double vanity, shower and bath. The second master suite comes equipped with its own ensuite and shower. Outdoors, you'll find a private yard with high fences and low-maintenance landscaping — the large pool and surrounding pergolas are ideal for kids, pets, entertaining, or simply enjoying the Queensland sunshine.
If you have a flair for art or woodwork you have a fully independent workshop at your disposal. There's also a secure double garage and two additional off-street car spaces on the driveway. All eco friendly with 20 solar panels on the roof powering double house batteries for zero electricity bills.
Property Features:
- 668sqm block, fully fenced
- 178sqm internally and 50sqm of covered external floor space
- Dual master suites positioned at either end of the house
- First master bedroom with walk-in robe, ensuite with double vanity plus shower and bath
- Second master bedroom with ensuite equipped with shower
- All bedrooms with built-in robes
- Open plan living area with projector and floor to ceiling built-in storage
- Media room with projector and coffee station
- Kitchen with walk-in pantry and island bench
- Separate laundry
- In-ground pool with adjacent pergolas
- Fully equipped and powered workshop in back yard
- Several garden sheds
- Veggie patch with veggie beds
- Remote double garage
- 20 solar panels on roof with double house batteries for zero electricity bills
- South-west facing
Location Benefits:
- Short walk to Mermaid Beach and surf/resort precincts, ideal for an active lifestyle
- Nearby to one of the largest retail hubs on the Gold Coast - Pacific Fair Shopping Centre
- Proximity to Miami State School & Merrimac State High School
- Quiet street with little to no traffic noise
- Tightly held suburb with huge potential for future price growth
Financials:
- $1,404 half yearly council rates
- $344 quarterly water rates
Mermaid Waters is renowned for its tranquil canals and proximity to some of the Gold Coast's most vibrant attractions. Just moments away, you'll find pristine beaches, lush parks, and a variety of dining options that cater to every palate. The nearby Pacific Fair Shopping Centre provides a plethora of retail experiences, ensuring you have everything you need at your fingertips.
This highly attractive property won't hang around for long, but Herbie is motivated to help, contact without delay to give yourself the best chance of success!
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.
* denotes approximate measurements.
Listing description written by Herbie Frey, Harcourts Property Hub — 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.