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 › Rawlinna Dr
$2,775,000
Last sold
9 May 2026
4
Bedrooms
3
Bathrooms
2
Car spaces
398 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
$2,775,000
9 May 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
+30.3%
Median sale
Suburb $2,130,000
-0.53 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 COASTAL °Set in the heart of Mermaid Waters, this Architecturally designed residence by renowned designer Jayson Pate radiates warmth and refined sophistication. Bathed in natural light, soaring ceilings enhance the sense of space, while a harmonious blend of natural materials - earthy stone, rich timber, and warm wood underfoot - grounds the interiors in understated elegance.
At the heart of the home, a sleek designer kitchen showcases Patagonia stone benchtops and premium Miele appliances, catering effortlessly to entertainers and home chefs alike. Adjacent, a striking natural stone-clad pillar rises six metres high within the expansive living and dining zone, complemented by a cosy fireplace.
Seamlessly extending outdoors, the covered alfresco entertaining area features integrated cabinetry, a stone benchtop, and a built-in Furness marine-grade grill. This private courtyard setting creates the perfect space for year-round gatherings, flowing effortlessly to a designer swimming pool framed by a majestic Canary palm and low-maintenance tropical gardens, offering both privacy and tranquillity.
From the sweeping, show-stopping spiral staircase to the sculptural balcony and dramatic 2 metre skylight, every detail of this home reflects thoughtful design and exceptional craftsmanship.
Accommodation is generous, comprising four bedrooms and three bathrooms. The luxurious master suite opens onto a curved, cantilevered balcony with custom bronze battens, and includes an expansive walk-in robe and an elegant ensuite with a freestanding bath and separate shower. A downstairs guest bedroom also features a walk-in robe, make up bar and private ensuite, ideal for visitors, while the additional bedrooms are connected via a functional Jack and Jill layout.
Property Features:
- Four bedrooms, three bathrooms
- Luxurious master suite with private balcony, walk-in robe and designer ensuite
- Downstairs guest bedroom with walk-in robe, make up bar, and full-height tiled double shower ensuite
- Designer kitchen with Patagonia stone, Miele appliances, butler's pantry and walnut timber cabinetry
- Two integrated dishwashers, two integrated fridges (with ice maker and freezer), and two ovens including a steam oven, Peppy Taps includes chilled and boiling water
- Expansive open-plan living with six-metre stone feature pillar and fireplace
- Two separate living areas (main downstairs, private upstairs retreat)
- Laundry doubles as a mud room with plenty of storage
- Louvered windows and high ceilings throughout
- Covered alfresco with built-in BBQ and stone benchtop
- Designer swimming pool with tropical landscaping
- Statement spiral staircase and stunning 2-metre skylight
- Fully fenced with secure
- Alarm, intercom and security system
- Zoned ducted air conditioning and ceiling fans throughout
- Rockcote render and natural stone exterior finishes
- Prime location close to schools, parks, shops and Bond University
- Low maintenance and easy care 398m2 corner block
- Architecturally designed by renowned Jayson Pate
Perfectly positioned for effortless coastal living, this home places you just 2km from the golden sands of Miami Beach. The vibrant Nobby Beach precinct is only 3km away, offering The Oxley, boutique cafés, and an array of dining options right at your fingertips. Enjoy world-class shopping, dining, and entertainment just 4km from your door in Broadbeach, home to Pacific Fair Shopping Centre and The Star Casino.
Everyday convenience is equally within reach, with Q Super Centre less than 3km away. Miami State School, Waterways Village, and the sporting hub of Pizzey Park are all within easy walking distance, while Bond University is just 2km from home-making this an exceptional location for both lifestyle and connectivity.
The sellers will consider offers prior to Auction.
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 Christine Tucker, COASTAL ° — reproduced as published, not verified by Districts.