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QLD › Eli Waters › Mermaid Ct

2 Mermaid Ct, Eli Waters QLD 4655

House

$1,040,000

Last sold

9 Jan 2025

5

Bedrooms

2

Bathrooms

3

Car spaces

1,169 m²

Land

260 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,040,000 (9 Jan 2025).(Recorded sale)
  • CalculationLand 1,169 m² against a 260 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Eli Waters (last 5 years) with land size: median $1,089/m² of land (n=123). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

What this lot has actually traded at

Last sold

$1,040,000

9 Jan 2025 · derived via latest_sale

Local land rate: recorded House sales in Eli Waters (last 5 years) with land size have a median of $1,089/m² of land (n=123). Districts calculation from recorded sales — not a valuation.

Eli Waters at a glance

4,978

People

$807,500

Median sale

$603/wk

Median rent

3.88%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Eli Waters report →

Vs Eli Waters

+28.8%

Median sale

Suburb $807,500

-0.86 pp

Gross yield

Suburb 3.88%

Suburb median $807,500 from 58 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$1,040,0009 Jan 2025
  2. Listedprice unknowncompleted11 Dec 2024

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 $603/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

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

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

Eli Waters in one glance

Eli Waters at a glance

4,978

People

$807,500

Median sale

$603/wk

Median rent

3.88%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Eli Waters report →

Keep researching

  • Why Eli Waters? Read the area thesis →
  • What else is on the market in Eli Waters →
  • Other records on Mermaid Ct →

Listing material

Listed by Prime Agents Hervey Bay

THE PERFECT FAMILY HAVEN IN MARINERS COVE

Welcome to a home where cherished family memories are made! Nestled in a peaceful cul-de-sac on a generous corner block, this quality-built, sprawling residence in Mariners Cove is designed to meet the needs of modern family life with ease, style, and functionality.

Room for Everyone: With five generously sized bedrooms, there's space for every family member. Each bedroom features built-in cupboards for excellent storage, while the fifth bedroom is thoughtfully designed to double as a home office or study, complete with custom cabinetry and shelving. Whether it's work, study, or rest, this room adapts to suit your family's lifestyle.

A Parent's Sanctuary: Escape to the private master suite—a true retreat with a walk-in robe and ensuite. It's a space to relax and recharge in comfort and tranquility.

Read the full description

A Kitchen to Bring Everyone Together: The heart of the home is a chef's dream. This open-plan kitchen boasts a chef's oven, a walk-in pantry, self-closing drawers, and spacious stone benchtops—perfect for whipping up family meals or baking together on a quiet afternoon.

Entertainment for All Ages: Host memorable family gatherings in the spacious alfresco and patio area, complete with a sparkling pool, a soothing spa, and a stunning waterfall feature. This outdoor oasis is where fun meets relaxation for everyone.

Spaces to Connect and Unwind: The open-plan kitchen and dining areas seamlessly connect to the family living space, fostering togetherness. For quieter moments, enjoy movie nights in the dedicated media room or retreat to the additional living room for some well-deserved peace.

Practical, Thoughtful Features: A three-car garage with remote access offers plenty of room for vehicles, hobbies, and storage. Designed with families in mind, this home combines comfort with convenience, ensuring every need is met.

A Lifestyle to Love: Located close to private schools, shopping centres, and medical facilities, this home is perfectly positioned for modern family living. Mariners Cove offers a healthy, active lifestyle with bike paths, walking trails, and fishing spots just a stone's throw away.

More Than a Home—It's a Lifestyle: Whether it's poolside barbecues, cozy movie nights, or exploring the neighbourhood together, this home adapts to your family's every need. It's a place to laugh, grow, and make lifelong memories.

Make Mariners Cove your family's next move. Welcome home.

What we love about this property:

• Five spacious bedrooms with built-ins, fifth bedroom has cabinet crafted office and shelving cupboards and built in wardrobes

• Master bedroom with walk-in robes and generous sized ensuite with separate toilet

• Main bathroom with powder-room entry, bath shower and separate toilet.

• Two additional separate areas, media room and rumpus/living room with doors

• Open plan kitchen/dining and living area

• Chefs kitchen with Blanco induction cook top, chefs stove and stone bench tops.

• Plumbed for refrigerators

• Resort magnesium pool with spa and waterfall

• Rain water tanks - 2x 3000l self-level and keep pool filled

• Spacious, family outdoor paved undercover entertainment area

• Separate fire-pit area

• Low maintenance, manicured gardens

• Window door and security screens - Crim safe

• Quality built home with ambient lighting and alcoves +2.7m ceilings (built 2009)

• Ducted reverse cycle installed 2023 and ceiling fans throughout

• Three car remote garage

• 1169m2 block, fenced with side access for caravan, boat, additional vehicles.

** Some images have been virtually staged with furniture

Listing description written by Vicki Maynard, Prime Agents Hervey Bay — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 3
  • Outdoor Entertaining
  • Outside Spa
  • In-Ground Pool
  • Remote Garage
  • Study
  • Toilets: 2
  • Water Tank
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.