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 › Karabella Ct
$2,050,000
Last sold
10 Aug 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
770 m²
Land
354 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
$2,050,000
10 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Mermaid Waters (last 5 years) with land size have a median of $2,895/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
-3.8%
Median sale
Suburb $2,130,000
+0.09 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 For Sale By OwnerThe Phone Code for this property is: 48971. Please quote this number when phoning or texting.
Welcome to 25 Karabella Court, an address offering lifestyle, designer living and value all in one ultimate package. This substantial fully renovated coastal home is without the hefty price tag attached to other comparable renovated homes in this highly sought after pocket of Mermaid Waters.
Spanning a huge 302m2 internal floorplan all across one convenient single level, this spacious architect designed family home boasts 2 luxurious bathrooms, 4 generous bedrooms, separate master, dedicated study nook, effortless indoor-outdoor versatile living / family and dining areas, surrounded by alfresco outdoors. At the heart of the home is the oversized designer kitchen, with a showstopper island bench measuring 4m long x 1.1m wide, the natural centerpiece to gather and entertain around, catering to family life with a fully appointed butler's pantry and 2nd fridge.
A true standout is the Off-Street parking for caravan and boat, cars, jetskis, trailer, etc, with gated side parking access, combined with a full size 6m x 6m double garage, an absolute rarity in renovated homes.
Celebrate all the lifestyle amenities here at your fingertips: Jump on the tram at the new Light Rail Station (2km) in the cafe and dining precinct of Nobby Beach. Swim at Nobby Surf Club (2.5km) or in the twin Olympic pools at Miami Aquatic (1.4km). Play a round of golf on the 18-hole championship course only 2kms away or stroll 1km to the 'sporting and leisure precinct' of Pizzey Park. Bond University is 1.6km, quality schools are close by. Not to forget our famous shopping centres and boutique shopping villages are just a stone's throw. Finish the day fishing at the adjacent waterfront park next door.
The best value renovated home in Mermaid Waters is positioned in a highly sought after lifestyle destination with ever-increasing desirability and scarcity.
**PROPERTY HIGHLIGHTS**
- all custom cabinetry throughout
- all stone surfaces are irreplaceable Caesarstone
- flush premium floor tiling, NZ wool carpet
- three Japanese Daiken split cycle Aircons, including a massive 9.5kw in living area
- off-street parking for caravan, boat, cars, etc, combined with 6m x 6m double garage
Dream Designer Kitchen:
Induction cooktop, Bosch integrated dishwasher, wall oven, built-in microwave, cascading 4m long stone island bench, statement Frankie tapware, sink accessories, convenient 2nd fridge in butler's pantry
Master Suite Retreat:
*Separate from other bedrooms, master suite delivers a sense of privacy, luxury and serenity, with sheer curtains and blockout blinds
*Custom walk-in robe with abundance of storage and space
* Indulgent ensuite featuring twin stone vanities with make-up bar, floor to ceiling tiles, oversized shower and impressive 2nd linen cabinet, with exceptionally deep storage.
Study Nook Family Zone:
* 3 generous bedrooms with built-ins, adjacent to dedicated study nook + family bench seating in hallway with linen cabinetry, next to impressive main bathroom.
* Study Nook designed for dual usage with custom 1800mm workstation, dual USB ports, cabinetry storage, adjacent to laundry with direct side garden access.
Main Bathroom:
* Opulent in size and quality, featuring free-standing oval bathtub, separate shower, ceiling to floor tiles, custom stone vanity. Toilet is separate.
About the Block:
- 770m2 land, fully fenced and gated
- 354m2 floorplan: 302m2 internal, 54m2 external
- Private, waterfront cul-de-sac, adjacent to waterfront park with great fishing
- Only one neighbour! Feel the forgotten freedom of privacy
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by For Sale By Owner (QLD), For Sale By Owner — reproduced as published, not verified by Districts.
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