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 › Allandale Entrance
4
Bedrooms
2
Bathrooms
2
Car spaces
845 m²
Land
277 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
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 KolloscheYou're invited to capitalise on an exceptional opportunity and create something extraordinary with this expansive 845m2 waterfront allotment. Positioned in a peaceful and central enclave within walking distance of Q Super Centre, it's east-facing aspect captures magical morning light, while skyline views add to the appeal.
Situated in a Low-Density Residential RD1 zone, this property features a generous 24.7m street frontage and 15.2m water frontage, offering a prime opportunity with versatile development options. Craft a bespoke two-storey sanctuary that maximises the water and city vistas; develop the site with two luxury villas (STCA) or take advantage of the existing subdivision that has created two prime waterfront parcels of approx. 422.5m² each. The choice is all yours.
Currently occupying the site is a four-bedroom, two-bathroom home ready for rejuvenation or removal. It offers two living/dining zones, a central kitchen, tiled pool, and a waterside lawn that unites with a sandy beach and pontoon. Ample parking is available via a double garage and secure, gated driveway.
The Highlights:
- Exceptional opportunity: capitalise on an east-facing waterfront allotment with skyline views
- Nestled in a peaceful and central location
- 845m2 block with 24.7m street frontage and 15.2m water frontage
- Zoned Low Density Residential; in a prime low-density residential zone in RD1
- Knock down and rebuild a custom two-storey residence that maximises the water and skyline views
- Develop the site with luxury villas (STCA)
- Take advantage of two approved subdivided of 422.5m2 waterfront allotments (STCA)
- Current 4-bed, 2-bath residence requires TLC, appointed with two living/dining zones and a central kitchen
- Outdoors features a tiled pool, covered terrace and a waterside lawn area
- Sandy beach and pontoon
- Double garage plus additional, gated driveway parking
- Split System air conditioning, ceiling fans and solar panels
Nestled in a quiet cul-de-sac, this location is hard to beat. Take advantage of being an easy stroll to Q Super Centre - a dog-friendly retail precinct that boasts major supermarkets, vibrant alfresco dining options and key services. In just 3.5km you can savour the sand, surf and eclectic array of Mermaid Beach eateries, with Pacific Fair, Star Casino and the delights of Broadbeach within approx. 4km. Add to this the proximity to leafy parks, public transport, prestigious schools and accessing the M1 and there's no place else you'd rather be.
The value lies in the position, potential and possibility of this land, making this a blue-chip waterfront opportunity not to be missed. For more information, Contact Gypsea Youngsmith on 0424 544 485 or contact Paul Harrison on 0418 358 145.
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 Gypsea Youngsmith, Kollosche — reproduced as published, not verified by Districts.
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