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 › Peter Blondell Dr
$2,515,000
Last sold
16 July 2026
5
Bedrooms
3
Bathrooms
2
Car spaces
783 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
Last sold
$2,515,000
16 July 2026 · 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
+18.1%
Median sale
Suburb $2,130,000
-0.35 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 Ray White TMGSet in a tightly held pocket of Mermaid Waters, 4 Peter Blondell Drive presents a rare opportunity to secure a substantial waterfront home in a street rapidly transforming with stunning new builds and high-end renovations - further enhancing its already impressive street appeal and future value.
Positioned on a wide canal with an impressive 18 metres of waterfrontage, this spacious family residence captures uninterrupted water views stretching to the horizon, with the Gold Coast hinterland creating a breathtaking natural backdrop. Located at the end of the canal, you'll enjoy a unique sense of privacy with no direct neighbours - just peaceful water vistas as far as the eye can see.
Designed for relaxed family living, the home offers multiple generous living zones and a well-appointed kitchen, all perfectly positioned to overlook the sparkling waterway. The master suite also enjoys this serene outlook, creating a true retreat within the home.
With five well-sized bedrooms and three bathrooms, there is ample space for large or extended families, including the potential to create a self-contained granny flat. There is also scope to extend or further enhance the home to maximise views and capitalise on this blue-chip waterfront position.
Outdoors, a sparkling pool, spa, private boat ramp, and expansive yard space provide the ultimate coastal lifestyle-perfect for entertaining or simply enjoying the tranquil surroundings.
Additional features include quality appliances such as a SMEG oven and six-burner gas cooktop, solar system, air conditioning, and exceptional storage options including a shed and roof storage with fold-down ladder access.
Property Features:
- 5 bedrooms, 3 bathrooms, ideal for large or extended families
- 18m waterfrontage with expansive canal and hinterland views
- Multiple living areas filled with natural light
- Family-sized kitchen with walk-in pantry
- Master bedroom overlooking the water
- Potential for dual living
- Opportunity to renovate, extend or rebuild to add significant value
- Sparkling in-ground pool/spa and private boat ramp
- SMEG oven and six-burner gas cooktop
- Solar system and air conditioning
- Abundant storage including shed and roof space with ladder access
- Surrounded by quality new homes and renovations enhancing future appeal
Location & Lifestyle:
- Approx. 1.5km to Pacific Fair Shopping Centre
- Approx. 1.8km to Mermaid Beach
- Approx. 1.2km to Pizzey Park (sports precinct, lakes, walking tracks)
- Approx. 2.5km to Broadbeach dining and entertainment precinct
- Approx. 1.6km to Miami State School
- Approx. 2.3km to Merrimac State High School
- Approx. 2.0km to Q Super Centre (Woolworths, medical, cafes)
- Approx. 2.2km to Bond University
- Approx. 1.5km to public transport including G:link light rail access
- Easy access to major roads connecting across the Gold Coast
This is a deceased estate and must be sold, presenting a genuine opportunity for buyers to secure a premium waterfront property with outstanding potential. Opportunities like this are rare - act quickly to make it yours.
Submit an enquiry today to receive a copy of the Diligence Pack or contact the Matt Micallef Team on 0410 503 518 to arrange your inspection today.
DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate; however, accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Matt Micallef & Austin Clarke, Ray White TMG — reproduced as published, not verified by Districts.