Mermaid Beach at a glance
7,183
People
$3,510,000
Median sale
$929/wk
Median rent
1.38%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
QLD › Mermaid Beach › Heron Ave
$4,450,000
Last sold
12 May 2025
5
Bedrooms
4
Bathrooms
0
Car spaces
558 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
$4,450,000
12 May 2025 · derived via latest_sale
Mermaid Beach at a glance
7,183
People
$3,510,000
Median sale
$929/wk
Median rent
1.38%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Vs Mermaid Beach
+26.8%
Median sale
Suburb $3,510,000
-0.29 pp
Gross yield
Suburb 1.38%
Suburb median $3,510,000 from 21 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 $929/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 Beach at a glance
7,183
People
$3,510,000
Median sale
$929/wk
Median rent
1.38%
Suburb gross yield
Median sale from 21 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by KolloscheThis prime block of apartments, sitting on a 558m2 site just metres from sand and surf in Mermaid Beach presents a rare buying opportunity in one of the Gold Coast's most salubrious suburbs.
Occupied by a block of four, single-storey units, the blue-chip address offers residents a highly desirable walk-about-town lifestyle, where patrolled beaches, cafes and a range of dining options lie moments from the doorstep.
Each of the existing units are currently tenanted, providing a new owner the option to land bank with a holding income until they are ready to capitalise on the site's full potential.
This high-growth locale delivers front-row access to the lifestyle precincts of Mermaid Beach, Nobby Beach, and Broadbeach, which together have an abundance of popular shopping, dining and nightlife options.
The Highlights:
- Development opportuntiy in premier beachfront suburb
- 558m2 site in prime position, one block back from the beach and in proximity lifestyle precincts of Mermaid Beach, Nobby Beach and Broadbeach
- Potential to earn a holding income
- Block currently houses a single-level block comprising four tenanted units, each with a car space
Mermaid Beach is a principal coastal suburb favoured for its relaxed walk-about-town lifestyle. Patrolled beaches are just a 120m stroll away, while in less than a kilometre to the south you can reach a range of popular cafes and restaurants, including BSKT cafe and The Holliday Coffee Shop. Joining an already vast array of dining options in the Nobby Beach precinct is The Oxley, a 4,000 sqm new lifestyle quarter featuring a carefully curated collection of boutique shops, delis and fine-dining restaurants. In the opposite direction, a short walk will land you in the heart of Mermaid Beach, where further dining options are available such as Little Truffle and the recently extended Glenelg Public House. Broadbeach's lifestyle precinct, which offers renowned attractions, including The Star and Pacific Fair Shopping Centre, is a 3km drive north along the Gold Coast Highway, or a few minutes by tram once stage three of the Gold Coast Light Rail is completed.
Secure a blue-chip beachside development opportunity with holding income – contact Tony V 0418 202 858 or Michael Kollosche 04111 888 15.
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 Tony V, Kollosche — reproduced as published, not verified by Districts.