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 › Bight Ct
$5,300,000
Last sold
21 Nov 2025
5
Bedrooms
5
Bathrooms
4
Car spaces
719 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
$5,300,000
21 Nov 2025 · 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
+148.8%
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 John Reid Real EstateAuction Location: On-Site
Tucked away in a quiet cul-de-sac on 719m2 of prime waterfront land, 'Casa Al Mare' is a celebration of modern Mediterranean design and effortless coastal living. With 18 metres of wide water frontage, this brand-new two-level residence captures both tranquillity and lifestyle, offering a serene sanctuary just minutes from Mermaid Waters' cafes, shops, and beaches.
Inside, light spills across soaring ceilings, natural stone, and timber accents, while a soft sun-washed palette creates an inviting, sophisticated ambience. The open-plan living and dining areas flow seamlessly to a covered alfresco, complete with a built-in BBQ kitchen, where sparkling magnesium pool waters meet the calm, reflective surface of the waterfront beyond. A feature Irish Calacatta stone wet bar and gourmet kitchen with Taj Mahal stone island and butler's pantry make entertaining intuitive, while the central courtyard, opening from the media room, brings light and a sense of calm to the heart of the home.
The five ensuited bedrooms offer generous comfort, with the master suite a private retreat featuring a walk-in robe and waterfront balcony. Two additional powder rooms, multiple living areas, and a dedicated wellness retreat with sauna and ice bath elevate everyday life into a resort-style experience. Outdoors, the waterfront fire pit and private pontoon invite long summer evenings by the water, while the secure double garage and double carport provide practicality without compromise. Casa Al Mare is a rare example of contemporary design, lifestyle, and location coming together; a home that doesn't just accommodate life, but enhances it.
Features include:
- Brand new 2-storey architectural home
- 719m2 waterfront block with 18m canal frontage
- Light filled with stone and timber features, curved lines and high ceilings
- Central dining area with Irish Calacatta stone feature wet bar and two Vintec wine fridges
- Gourmet kitchen with Taj Mahal stone island bench and butler's pantry with high-end finishes
- Integrated fridge and dishwasher, Smeg appliances including steam oven, induction cooktop, pyrolytic oven, microwave and classic oven
- Multiple living spaces including open-plan main living with 4.2m ceilings, upstairs retreat, and downstairs media opening onto central courtyard
- Covered alfresco entertaining overlooking the water with built-in BBQ kitchen featuring Taj Mahal stone, Beefeater BBQ and Schmick bar fridge
- Heated magnesium swimming pool with sun-soaked pool surrounds, and waterfront artificial turf firepit area
- Sandy beach, private pontoon, and generous underhouse store
- Wellness retreat featuring ice bath, infrared sauna, and powder room
- Five generous bedrooms each featuring its own elegant ensuite bathroom
- Master with private waterfront balcony, walk-in robe and ensuite with dual vanities, skylights, freestanding bath and double shower
- Oversize laundry with generous storage, laundry chute connecting to upper level, and additional powder room
- Secure double carport plus double garage with Tesla charger (2.1m clearance and 3.4m ceiling), and grassy front yard area
- Quiet cul-de-sac positioning only moments to the beach, boutique cafes, restaurants and shops
Suburb Profile:
Centrally located to the very best the Gold Coast has to offer, Mermaid Waters provides relaxation and lifestyle second to none! Filled with an array of trendy cafes, restaurants and bars – you'll be spoilt for choice. Moments away from beaches, shopping mecca Pacific Fair, sports and recreation precinct Pizzey Park and Primary and High Schools. The waterfront properties offer direct ocean access, ideal for water enthusiasts and leafy parks and bikeways appeal to the outdoorsy type. A friendly community suburb, Mermaid Waters has something on offer for everyone.
Listing description written by Eric Lockhart, John Reid Real Estate — reproduced as published, not verified by Districts.