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 › Albatross Ave
$4,830,000
Last sold
8 June 2026
5
Bedrooms
3
Bathrooms
4
Car spaces
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
$4,830,000
8 June 2026 · derived via latest_sale
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.
Vs Mermaid Beach
+37.6%
Median sale
Suburb $3,510,000
-0.38 pp
Gross yield
Suburb 1.38%
Suburb median $3,510,000 from 21 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 $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 PRD Burleigh HeadsHeld within the same family for 100 years, this cherished Mermaid Beach residence presents a truly rare offering blending rich history, generous proportions, and an exceptional coastal lifestyle in one of the Gold Coast's most tightly held and prestigious enclaves just steps from the beach.
Thoughtfully designed across two expansive, fully self-contained levels, the home delivers outstanding flexibility for large families, multi-generational living, extended guests, or future holding income potential. With two fully functioning kitchens, multiple living zones, and separate hot water systems, the original owner intentionally designed the home to allow easy separation of the upper and lower levels, including the option to enclose part of the garage to create independent access upstairs.
The upper level comprises two bedrooms plus a study, anchored by a generous master retreat featuring a walk-in robe, spa ensuite, and a convenient laundry chute with potential bar area with ocean view.
An open-plan living and dining area flows effortlessly onto the expansive outdoor terrace, creating the perfect space for entertaining or unwinding. Enjoy morning coffee or evening drinks on the large balcony, where ocean glimpses and sea breezes set the scene after a day at the beach.
The modern kitchen is equipped with premium Miele appliances and includes a dumbwaiter for effortless transport between levels. Ducted air conditioning, high ceilings, and abundant storage ensure everyday comfort and functionality.
Downstairs offers three additional bedrooms, including one with a loft space ideal for children, along with two bathrooms and a separate powder room. The well-appointed kitchen features DeLonghi appliances and a gas cooktop, complemented by a spacious laundry designed for practicality.
The home is complete with a remote-controlled double garage, electric front gate, secure gatehouse entry way, lockable tool shed with built-in shelving, extensive under-building storage for surfboards and outdoor gear, and an outdoor shower for post-beach rinse-offs. A comprehensive security system and thoughtful storage throughout provide peace of mind and ease of living.
Positioned in one of Mermaid Beache''s most coveted pockets, this home places the very best of beachside living at your doorstep. Start your day with coffee at The Oxley 1823 Atrium, explore the surrounding boutique cafés and dining precincts, or enjoy a swim or surf at iconic Mermaid Beach just metres away. Scenic walking paths, nearby reserves, Pizzey Park off-leash dog area, and Miami Bushland Reserve enhance the outdoor lifestyle, while the Gold Coast Airport is only a short drive away offering seamless connectivity.
Property Features
Family-owned for around 100 years
Expansive double-storey home with five bedrooms
Two self-contained levels with fully functional kitchens
Two open-plan living areas
High ceilings throughout
Master suite with walk-in robe, spa ensuite & laundry chute
Two bedrooms plus study upstairs
Three bedrooms downstairs (one with loft)
Ducted air conditioning upstairs; two separate systems downstairs
Two brand new air-conditioning units on first level
Large second-floor balcony with ocean glimpses
Dumbwaiter between levels
Large upstairs storage room with shelving
Double lock-up garage & electric gated front yard
Lockable tool shed
Spear pump
Extensive under-building storage
Large laundry
Two separate hot water systems
Access ramp to backyard
Outdoor shower
Comprehensive security system
Across from Nobby's Beach Surf Club
Metres to the beach and walking paths
Close to cafés, restaurants, and boutique gyms
Approx. 20-minute drive to Gold Coast Airport
Excellent proximity to the G:link light rail station and bus services, providing seamless connectivity south to Burleigh Heads and north to Helensvale, with direct rail links onward to Brisbane and Gold Coast Airport.
A selection of highly regarded public and private schools located within the surrounding area.
Securely gated property featuring a gatehouse and controlled entry, offering privacy and peace of mind.
Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact and must satisfy themselves by inspection or otherwise.
Listing description written by Braiden Smith, PRD Burleigh Heads — reproduced as published, not verified by Districts.