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 › Helm Ct
For sale
For sale
3
Bedrooms
2
Bathrooms
2
Car spaces
665 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
Asking
No recorded sale price for this property yet.
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.
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 Ray White Malan + CoHeld by the same family since 1991, this tightly held waterfront property presents a truly rare opportunity to secure a home in one of the Gold Coast's most sought-after pockets.
Set on a 665sqm block with 10.6 metres of East-facing water frontage and 22.6 metres of street frontage, this single-level residence offers the perfect foundation for those looking to renovate or rebuild and create the ultimate waterfront home.
The existing residence features three bedrooms, two bathrooms and an oversized double garage, complemented by a large in-ground concrete pool and an enviable waterfront position. There is a reason people who move into this pocket rarely leave. Positioned amongst some of the closest waterfront streets to Mermaid Beach, you can enjoy an exceptional Gold Coast lifestyle where the waterways, beaches, dining and everyday conveniences are all within easy reach.
Lifestyle is quite literally at your doorstep, leave the car at home with Mermaid Beach approximately a 10-minute walk away, while the vibrant Oxley dining precinct is also within easy walking distance. Enjoy an afternoon at Nobby Beach Surf Club, approximately 15 minutes away on foot, or make use of the nearby Nobby Beach tram stop, just 10 minutes away. Grab your morning coffee at Double Barrell, a two minute walk as well as the convenient IGA at the Waterways village.
Property Highlights;
• First time offered to market since 1991
• 10.6m* East-facing waterfrontage
• 22.6m* street frontage
• Oversized double garage
• Large in-ground concrete pool
• 7.7kW Solar System (still in warranty)
• Renovate the existing home or build your dream residence
• Highly sought-after waterfront pocket
Approx. 10-minute walk to Mermaid Beach
Approx. 10-minute walk to the Oxley dining precinct
Approx. 15-minute walk to Nobby Beach Surf Club
Approx. 10-minute walk to the Nobby Beach tram stop
Approx. 5-minute walk to Waterways Village, IGA, butcher, bottleshop
Approx. 8-minute drive to Pacific Fair Shopping Centre
Approx. 10-minute walk to Miami High School
Approx. 10-minute walk to Miami State School
Approx. 10-minute walk to Pizzey Park sporting complex
Approx. 10-minute walk to Burleigh Bears
Opportunities of this calibre and position are rarely offered, particularly after more than three decades of ownership. Whether you're looking to create your forever home or secure a prized piece of Gold Coast waterfront, this is an address worthy of your attention.
In room Auction - 25th September at The Langham Hotel for the Spring Event.
Price Disclaimer: This property is being sold by way of auction and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.
Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.
Listing description written by Christian Kennedy, Ray White Malan + Co — reproduced as published, not verified by Districts.