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 › Rumrunner St
$3,600,000
Last sold
12 Dec 2025
4
Bedrooms
3
Bathrooms
2
Car spaces
810 m²
Land
382 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
$3,600,000
12 Dec 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
+69.0%
Median sale
Suburb $2,130,000
-0.94 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 KolloscheThis property was sold at auction by Corey Bedford & James Roberts
- Method of Sale: Auction
- Marketing Campaign: Digital, Social & Print
- OFI Attendees: 71
- Enquiries: 86
- Days on Market: 24
For strategic advice on your next sales campaign, call Corey Bedford on 0432 282 502 or James Roberts on 0432 839 485
Property Description:
Wide-Water Wonder: North-Facing Sunlit Sanctuary with Superb Views
Anchored on an exceptionally wide stretch of Rumrunner Lake, this stylish single level sanctuary offers sunlit serenity and superb views. Overlooking an impressive corridor that sweeps down the calm waterways to embrace the glittering city skyline, it's as enviable and coveted as its north-facing aspect. Bathing the interiors in natural light, it reveals a residence infused with contemporary comfort resting on a fully fenced 810m2 block.
Freshly repainted externally and fitted with new carpets, the home is designed for modern, integrated living and entertaining. Banks of frameless bifold glass doors blur the line between indoors and out, connecting the expansive kitchen, living and dining zone with the spectacular alfresco oasis. Set against silhouettes of the city and wide water, it's primed for relaxed family moments or grand-scale gatherings. Two separate pavilions offer the perfect spot to linger and savour the vistas or host long lunches, with an outdoor kitchen ready to cook up a feast. Stealing the spotlight, however, is the mosaic-tiled pool. Fringed by spacious sundecks, it's reminiscent of a five-star resort oasis. Alternatively, retreat to sheltered seating by your own private sandy beach or launch a kayak to explore the waterways.
Headlining the four bedrooms is a sophisticated master suite that boasts a dressing room and a decadent ensuite decked out with floor-to-ceiling mosaic tiling and a steam shower. Two additional bedrooms feature built-in robes, while a fourth is fitted with integrated joinery. Complementing this is a dedicated office with its own external access – perfect for those who work from home. Families will also value the choice of two separate living zones crowned by raked ceilings, creating light-filled spaces to unwind together or apart.
Perfectly positioned in a quiet residential pocket, take advantage of being under 2km from Mermaid Beach and 4km from vibrant Broadbeach. Stock up on supplies at nearby Q Super Centre, 4 minutes from home, with the upscale shopping, dining and leisure precinct, Pacific Fair, 7 minutes away by car. Championship golf courses, schools, Bond University and the M1 motorway are all accessible with ease too, making this a supremely enticing location to live.
Live an enticing waterfront lifestyle that offers convenience, style and charm. Don't delay, contact Corey Bedford on 0432 282 502 or James Roberts on 0432 839 485 to arrange your inspection today.
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 rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.
Listing description written by Corey Bedford, Kollosche — reproduced as published, not verified by Districts.