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 › Concourse Dr
4
Bedrooms
2
Bathrooms
2
Car spaces
485 m²
Land
241 m²
Building
Districts View
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Mermaid Waters (last 5 years) with land size have a median of $2,870/m² of land (n=66). 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.
Planning
Planning scheme
City Plan
Zone
Medium density residential
Medium density residential
Jurisdiction
City of Gold Coast
Gold Coast, QLD
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
QLDZoned Medium density residential (City Plan). Official parcel area about 487 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Medium density residential (City Plan). Official parcel area about 487 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumNo material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 KolloscheThis property was sold at auction by Ryan Ward & Darryl Bright
Method of sale: Auction
Marketing campaign: Print and Digital
OFI Attendees: 23
Enquiries: 23
Number of Written Offers: 5
Number of Registered Bidders: 2
Days on Market: 32
Contact Ryan Ward on 0405 309 359 or Darryl Bright on 0481 205 205 today.
Basking in a prized and private outlook that encompasses tree-lined waterways and spectacular skyline views, this sleek villa delivers refined, low-maintenance living. Set on an easy-care 485m² waterfront block within the exclusive "The Lakes" community, it strikes a perfect balance between architectural style and everyday ease. Spanning two levels, high ceilings, full-height glazing and elegant wainscot panelling enhance the light-filled interiors, while upgraded travertine tiling adds a sophisticated touch.
Designed for effortless relaxation, enjoy a cosy upper-level retreat, then when it's time to entertain, take advantage of an expansive open-plan domain downstairs. Anchored by a gourmet kitchen with granite benchtops and premium Bosch appliances, it seamlessly connects with the lounge and dining zone and onto the alfresco terrace. Capturing an idyllic water and leafy outlook, it's ideal when hosting guests. Just beyond a sun-soaked pool and patio offer summer fun, accompanied by a lawn that gently extends to the water's edge.
Upstairs, a breathtaking tapestry of water, greenery and city skyline views define the master suite, which also offers a walk-in robe and an elegant ensuite with a freestanding bath. Three additional bedrooms with built-in robes are serviced by a stylish family bathroom, complemented by a downstairs powder room with contemporary flair. Practicality is equally considered, with ample storage, ducted air-conditioning, a double garage plus additional driveway parking.
The Highlights:
- Sleek two-storey waterfront villa with spectacular skyline views
- Easy-care 485m2 block with 14m water frontage in the exclusive master-planned community "The Lakes"
- Light-filled interiors enhanced by high ceilings, full-height glazing, wainscot panelled feature walls and upgraded travertine tiling
- Gourmet kitchen boasting granite benches, Bosch appliances (including gas cooktop)
- Open concept floorplan, with the expansive kitchen, living and dining zone seamlessly connecting to an alfresco terrace
- Second cosy sitting area upstairs
- Master suite gazes upon a stunning tapestry of water, greenery and full spectrum city vistas, includes a sophisticated ensuite with freestanding bath and walk-in robe
- Three additional bedrooms with built-in robes
- Elegant family bathroom upstairs and a personality-packed powder room downstairs
- Covered alfresco entertaining area
- Stunning pool area lined with travertine tiling an elegant and low-maintenance feature that sets this property apart. As one of the few homes in the area to offer a pool, it provides a rare opportunity to enjoy resort style living in your own private oasis
- Large lawn gently meanders to the water's edge
- Ample storage, including the laundry
- Double garage plus driveway parking
- Ducted air-conditioning and ceiling fans
Centrally located within "The Lakes", it's under 2km from Q Super Centre and world-class retail destination, Pacific Fair. Broadbeach's key attractions, which include patrolled beaches, The Star and Gold Coast Convention and Exhibition Centre are within a 3km radius, and you'll benefit from easy access to leading schools, sporting amenities and public transport. Adding to its appeal, you'll be able to stroll to "The Lanes", a lively leisure, lifestyle and retail village coming soon to the community.
Positioned for ultimate convenience and tailored to those seeking seamless, sophisticated waterfront living, this is an exceptional opportunity not to be missed. Don't delay, contact Ryan Ward on 0405 309 359 or Darryl Bright on 0481 205 205 today.
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 Ryan Ward, Kollosche — reproduced as published, not verified by Districts.