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 › Koomooloo Ct
5
Bedrooms
3
Bathrooms
2
Car spaces
812 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
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 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 First National Real Estate Surfers ParadiseSpectacularly positioned on a unique corner block of 812sqm land within the desirable suburb of Mermaid Waters, this home provides the ultimate in versatility - whether you are a family looking for your dream home, an owner builder looking to live in and then re-develop the property, or a developer looking to develop immediately in this hot market.
Epitomising the perfect Gold Coast lifestyle experience, the architecturally designed 2 storey family home boasts 5 bedrooms plus study, 3 bathrooms, numerous entertainment areas, chef designed kitchen and a glistening oversized family pool. Functionality and quality detailing include timber look flooring throughout, high-quality Caesarstone benchtops and built-in custom cabinetry.
The carefully designed chef's kitchen comprises of an island bench with breakfast bar and plenty of storage. The dining and lounge region flow seamlessly to the vast undercover alfresco, fire pit and outdoor entertainment. Extravagant master suite with modern duo-entry ensuite and oversized dressing robe.
Featuring lush green landscaping and lawns, with a potential for dual access from Koomooloo Court and Rio Vista Boulevard, this home will impress even the most discerning buyer. It is conveniently located near local shops, cafes and restaurants as well as a short drive to the busy core of Broadbeach, Pacific Fair, The Star Casino, various schools, public transit and our golden beaches.
- Gigantic 812sqm corner estate with redevelopment upside
- Completed ready to lodge plans and expert reports for development approval for 3 quality Hamptons homes on the site (available on request)
- Two storey family home, various multi-purpose areas
- 5 spacious bedrooms plus study
- 3 modern bathrooms
- Open plan with multiple living areas
- Chef designed kitchen with Caesarstone benchtops
- Massive undercover alfresco area
- Glistening pool and fire pit
- Low maintenance gardens
- Located moments to the heart of Broadbeach, schools, beaches, shopping centres, local shops and public transport
- Rates $1,418 per half year*
- Water $807 per quarter*
Contact the exclusive marketing agent:
Rob Rollington
0400 780 339
Matthew McCarthy
0477 477 033
Surfers Paradise First National.
Listing description written by Rob Rollington, First National Real Estate Surfers Paradise — reproduced as published, not verified by Districts.