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 › Peerless Ave
14
Bedrooms
7
Bathrooms
7
Car spaces
809 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
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.
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.
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 LJ Hooker BroadbeachUnmissable Beachside Opportunity
Whether you're seeking a long-term passive income stream, a value-add renovation project, or a luxury new development opportunity, this property delivers on all fronts.
A rare and exceptional opportunity to secure a north-facing, beachside property in one of the Gold Coast's most coveted and tightly held enclaves - Mermaid Beach.
Situated on the beachside of the Gold Coast Highway, this expansive 809sqm* double block offers an unparalleled combination of location, income, and long-term development potential. With an existing Development Approval (DA) in place for eight luxury apartments, the groundwork has already been laid for a premium residential project.
Currently comprising 7 x 2-bedroom townhouses, all on individual titles, the property provides immediate and consistent income, with all residences fully tenanted. This secure holding presents the ultimate “set and forget” investment, while offering scope to further add value through strategic renovations or future redevelopment.
Key features include:
809sqm* prime beachside land
7 x 2-bedroom townhouses (on separate titles)
All units generating solid holding income
To be sold in one line - Complete Package
Current DA for 8 luxury apartments
Outstanding potential to renovate, hold, or redevelop
Mermaid Beach is undergoing a significant transformation, with strong demand from downsizers, professionals, and interstate buyers fuelling rapid growth in premium residential developments. Just 200 metres from patrolled beaches and walking distance to vibrant local cafés and restaurants, this lifestyle-rich location continues to set the benchmark for prestige coastal living.
Nearby attractions include the popular BSKT Café, The Holliday Coffee Shop, and the evolving Nobby Beach precinct - now home to The Oxley, a 4,000sqm lifestyle hub featuring boutique retail, delis, and fine dining.
This is a rare opportunity to acquire a blue-chip beachside holding in a booming growth corridor.
Don't miss your chance to capitalise on this extraordinary development-ready site in one of the Gold Coast's most desirable suburbs.
The vendor's circumstances require an immediate sale.
For further information or to request a copy of the Information Memorandum, please contact the exclusive agents at LJ Hooker Broadbeach.
Listing description written by Matt Conduit, LJ Hooker Broadbeach — reproduced as published, not verified by Districts.