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 › Intrepid Dr
$5,251,000
Last sold
23 Jan 2026
5
Bedrooms
3
Bathrooms
6
Car spaces
820 m²
Land
482 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
$5,251,000
23 Jan 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
+146.5%
Median sale
Suburb $2,130,000
-1.37 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 KolloscheThis property was sold at auction Jamie Harrison and Gypsea Youngsmith
Method of sale: Auction
Marketing campaign: Print and Digital / Targeted Digital Campaign
OFI Attendees: 94
Enquiries: 93
Number of Registered Bidders: 6
Days on Market: 32 Days
To achieve a premium price for your home, call Jamie Harrison 0424 965 891 and Gypsea Youngsmith 0424 544 485.
Newly transformed into a luxury family retreat, 'Thea' is a north-facing residence delivering wide water and skyline views, resort-style entertaining and a prized Mermaid Waters address minutes from patrolled surf beaches and world-class shopping.
Expansive open plan living embraces the outlook, flowing to a covered alfresco zone where a built-in BBQ kitchen and large sun-kissed pool sit against the changing backdrop of the suburb's widest water frontage, setting the scene for relaxed days at home, beautiful summer mornings and the best winter sunsets the Gold Coast has to offer.
At the heart of the home, a showpiece kitchen is dressed in magnificent white granite anchors everyday life and entertaining, alongside a stunning green quartzite wet bar and glass wine cellar. Multiple living spaces suit different moments in the day, from the main living room with dry-stacked stone gas fireplace to a dedicated media room and an additional lounge upstairs. A private covered patio and courtyard offers space for at-home wellness and fitness.
Beautifully renovated to an exceptional standard, the home combines curved forms, fluted timber and VJ panelling with exquisite natural stone finishes, pendant lighting and brushed nickel for a refined feel. Five generous bedrooms include an indulgent master suite opening to a sunny waterfront balcony, while a ground floor guest bedroom and parking for six cars add flexibility for family and visitors.
Here, weekends are shaped by the water: launch the boat or jet ski from the pontoon, let the kids fish from the shore, then return to the pool and fire pit as the skyline glows beyond. With patrolled beaches, major retail and a vibrant local dining scene all close by, this home offers a compelling blend of calm, connected coastal living.
The Highlights:
- Newly renovated two-level family home on Lake Intrepid
- Northern aspect, 19.8m water frontage, expansive water and skyline views
- Lake Intrepid is connected to the Nerang River system for boating, jet skis and fishing
- Heated pool with travertine surrounds
- Covered waterfront entertaining with BeefEater BBQ kitchen and drinks fridge
- 8m pontoon with power and water
- Showpiece kitchen with curved granite island, two Smeg ovens, six-burner gas cooktop, Liebherr fridge-freezer, open shelves and LED strip lighting
- Butler's pantry with outlook over the front yard, hot/cold/sparkling Billi tap, integrated dishwasher and generous storage
- Open plan main living area with dry-stacked stone gas fireplace, bespoke joinery with stone tops, pendant feature lighting and views over the pool and lake
- Bold green quartzite wet bar with Vintec wine and drinks fridges
- Glass display wine cellar, temperature-controlled
- Master bedroom suite with waterfront balcony, sitting area, walk-in robe and ensuite featuring floating fluted vanity with twin basins, large mirror, floor-to-ceiling tiles and oversized shower
- Four additional upstairs bedrooms, three with water views and balcony access; ground level guest bedroom with front garden outlook
- Bathrooms feature white onyx marble benchtops and fluted cabinetry, frameless shower screens, brushed nickel tapware and accessories, and toilets with in-wall cisterns
- Ground floor media room overlooking the front garden; upper level lounge/media room and study nook
- Covered patio and courtyard ideal for a wellness retreat or workout space
- Laundry with stone benchtops and direct access to outdoor drying area
- Secure parking for six cars including two-car garage and driveway parking for four
- Garage features epoxy resin flooring, Vacumaid, EV charger
- Three-phase 16kW ducted and zoned air-conditioning plus ceiling fans throughout
- Landscaped irrigated gardens, lush lawns and outdoor lighting; lakeside lawn with fire pit
- EUFY security system with cameras and alarm
- Covered portico entry and fully fenced perimeter
- 22kW three-phase battery-ready solar power system
Mermaid Waters offers calm waterfront living with convenient access to the coast and key amenities. From this address, patrolled beaches at Mermaid and Miami, along with the cafés and dining of Nobby Beach Village, are only minutes away. Everyday needs are covered at Waterways Village, with major retail, supermarkets and services available at Pacific Fair and Q Super Centre nearby. Pizzey Park and Miami Aquatic Centre support an active lifestyle with sporting fields, courts and pools, while a selection of public and private schools and public transport options are within a short drive.
Experience an elevate waterfront lifestyle – contact Jamie Harrison on 0424 965 891 or Gypsea Youngsmith on 0424 544 485.
Listing description written by Jamie Harrison, Kollosche — reproduced as published, not verified by Districts.