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 › Lancelin Dr
$1,780,000
Last sold
11 July 2025
4
Bedrooms
2
Bathrooms
4
Car spaces
714 m²
Land
216 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
$1,780,000
11 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Mermaid Waters (last 5 years) with land size have a median of $2,895/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
-16.4%
Median sale
Suburb $2,130,000
+0.45 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 KolloscheCocooned within a private garden paradise, this single level sanctuary welcomes you into a world of tropical tranquillity. Wrapped in lush, low-maintenance gardens on a fully fenced 714m2 corner block, these provide the perfect canopy for peaceful living in a quiet pocket of Mermaid Waters.
Impeccably presented across a 216m2 floorplan, enjoy an easy-flow layout that fosters relaxation and connection. A modern kitchen (boasting a Smeg 900mm oven and Asko dishwasher) seamlessly integrates with the spacious living and dining area before opening outdoors. Here, an expansive alfresco entertaining deck with weather-protection blinds sets the scene for hosting guests in style, while beyond, a pool and decking area bask in beautiful sunshine, tempting you to unplug and unwind in true resort-style fashion.
Four generously sized bedrooms with built-in robes provide ample space for growing families or regular guests, complemented by two elegant bathrooms. One acts as a master ensuite, with the main bathroom boasting a deep soak tub and separate toilet. Additional features include air-conditioning, ceiling fans, ample storage (indoors and out), and secure garage parking for two cars and additional two secure parking bays.
The Highlights:
- Stylish single level sanctuary cocooned within a private and picturesque garden paradise
- Fully fenced 714m2 corner block
- Peaceful Mermaid Waters pocket, in a no through traffic street across the road from a leafy waterfront park
- Impeccably presented across a light-filled 216m2 floorplan
- Modern kitchen appointed with a Smeg 900mm oven, Asko dishwasher, electric cooktop and space for a double fridge
- Spacious living and dining area seamlessly connects with the kitchen and alfresco entertaining area
- Four generously sized bedrooms with built-in robes
- Two tasteful bathrooms, including the master ensuite, complemented by a main bathroom with deep soak bath and separate toilet
- Expansive, covered alfresco entertaining deck with weather protection blinds
- Sun-soaked pool and decking boasts a built-in timber bench seat and shade sail
- Lush, leafy and low-maintenance gardens embrace the entire block
- Laundry with external access and storage
- Double garage plus secure driveway parking and additional two secure parking bays.
- Air-conditioning units and ceiling fans
- 5.2m x 2.8m shed
- Water tank
Situated in a family-friendly, no-through-traffic street, this central location is only approx. 3km from golden surf beaches and vibrant Nobby Beach cafes, restaurants and boutiques. Sport lovers will relish the close proximity to 60ha Pizzey Park, hosting everything from soccer fields to a skate park, swim centre, softball and more, plus being 3km from Burleigh Heads Golf Club. Schools and public transport are close by too, with shopping and leisure precincts Pacific Fair and Robina Town Centre approx. 5km away.
Whether you're upsizing, downsizing or simply seeking a home that offers effortless style and serenity, this oasis will impress. Contact Taylor Kleinberg on 0447 466 177 or Thibault Parolini on 0401 023 142 today.
Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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
Listing description written by Taylor Kleinberg, Kollosche — reproduced as published, not verified by Districts.