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QLD › Mermaid Waters › Vatakoula Pde

47 Vatakoula Pde, Mermaid Waters QLD 4218

House

5

Bedrooms

5

Bathrooms

2

Car spaces

640 m²

Land

537 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationRecorded House sales in Mermaid Waters (last 5 years) with land size: median $2,870/m² of land (n=66). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Mermaid Waters (last 5 years) with land size have a median of $2,870/m² of land (n=66). 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.

See the full Mermaid Waters report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Soldprice unknown22 June 2026
  2. Listedprice unknowncompleted16 Jan 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mermaid Waters in one glance

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.

See the full Mermaid Waters report →

Keep researching

  • Why Mermaid Waters? Read the area thesis →
  • What else is on the market in Mermaid Waters →
  • Other records on Vatakoula Pde →

Listing material

Listed by Ray White Mermaid Waters

DESIGNER WATERFRONT HOME - MODERN LUXURY IN MERMAID WATERS

Tucked away in a leafy pocket of Mermaid Waters just moments from the beach, this newly built five-bedroom, five-bathroom, two-storey residence showcases luxury coastal living with a sense of prestige and sophistication. From the moment you step through the architecturally designed white oak veneer timber front door, the home is bathed in natural light, creating a seamless connection between elegant interiors and the relaxed beauty of its coastal surroundings.

Cleverly designed and spread comfortably over two levels, this home presents a parents retreat to be envied. Enjoying a private balcony overlooking the canal, Venetian plaster feature walls, a large ensuite with stone benchtops and fluted freestanding bath, oversized walk-in-robe with mini-bar, fridge, wine rack and RFID hidden storage, this home offers comfort, style and grace at an exquisitely, elevated level.

An entertainer's delight, this home caters for both fine-dining experiences, as well as relaxed get-togethers. Featuring a 51-bottle wine display cabinet, mini bar fridge, zip tap, double Bosch oven and serviced by an impeccable butler's pantry and fully integrated kitchen, this home exceeds all expectations when it comes to dining in. With direct access to a covered, alfresco area off the kitchen, living, dining and serviced by a well-appointed outdoor kitchen overlooking the heated pool, canal and private pontoon, this home warmly welcomes both family and guests, on every occasion.

Read the full description

With a second living and three additional ensuite bedrooms on the second level, as well as a gym/wellness room, study and fifth ensuite bedroom on the first, this home offers the perfect solution for large, extended or growing families. Carefully designed with ample storage throughout, several entertaining spaces, a secure double carport and beautifully landscaped yard, this home caters for everyone's needs, including the family pet.

With access to some of the Gold Coast's most reputable schools and just minutes from major arterial roads, shopping and entertainment, sporting facilities, public transport, walkways, bike paths and the nearby surf beach, this home presents exceptional buying for even the most discerning of buyers.

Property Inclusions:

ENTRY

• Two skylights

• Custom Easy Jam doors throughout, seamless integration.

• 3 m high ceilings (ground level)

• 2.7 m high ceilings (first level)

• Braemar climate control

KITCHEN

• 3.8 metre Taj Mahal Quartzite island bench

• Double Bosch oven featuring air fry, grilling, and pizza settings

• Fisher & Paykel integrated dishwasher (dual drawers)

• Smeg 900mm gas cooktop

• ABI pot filler

• Two Falmec rangehoods

• Integrated seamless Bosch fridge and freezer duo

• Integrated Artusi mini bar fridge

• 51-bottle wine display cabinet

• Multi-function Zip tap

• Three skylights

BUTLERS PANTRY

• Fisher & Paykel integrated dishwasher (dual drawers)

• ABI Interiors double sink with gooseneck faucet

• Taj Mahal Quartzite stone benchtop

• Taj Mahal Quartzite backsplash

• Cabinetry using Boston Oak Polytec

OUTDOOR KITCHEN, ALFRESCO AND ENTERTAINING SPACE

• ABI Interiors sink and taps

• Beef Eater BBQ

• Outdoor weatherproof cabinetry

• Mini bar fridge

• Taj Mahal Quartzite stone benchtop

• Private boat mooring with power and water

• Fully tiled heated pool

• Outdoor shower

• Stone crazy paving

• Oslo stone cladding in void, upper balcony, and front walls

LIVING ROOM

• Engineered floorboards throughout

• Integrated corner Escea fireplace

• Automated blinds and sheer curtains

• Zoned air conditioning unit

MASTER BEDROOM

• Venetian plaster feature wall

• Private balcony with Oslo crazy paving feature wall

• Walk-in wardrobe with:

- RFID card locked hidden storage for safe/valuables

- Wardrobe mini bar with bar fridge, wine rack and dry alcohol display.

• Three sky lights with motorised blackout blinds.

• Makeup station.

MASTER ENSUITE

• Venetian plastered feature wall

• Taj Mahal Quartzite stone benchtops

• Two basins

• Boston Oak Polytec cabinetry

• Two operable skylights with block-out blinds

• Shower skylight

• Bathtub

ALL BEDROOMS

• Walk-in wardrobe

• Private ensuite

• Taj Mahal Quartzite stone benchtops

• Boston Oak polytec cabinetry

RUMPUS/KIDS RETREAT ROOM

• Curved feature walls

• Recessed Television and custom cabinetry

FRONT FASCADE

• Oslo crazy paving stone cladding on entrance wall

• Corinthian Elements range pivot timber door

• Knotwood flush fit motorized garage door

Key Information:

Council Rates: $7,088.00 approx annually.

Water Rates: $270.00 approx per quarter.

LOCATION

• 350m or 5-minute walk to local bus stop

• 800m or 11-minute walk to Pacific Fair shopping and entertainment precinct

• 1.3km, 4-minute drive or 18-minute walk to Broadbeach surf patrolled beach

• 1.6km or 5-minute drive to The Star Casino

• 2.8km or 7-minute drive to Merrimac State High School

• 3.6km or 9-minute drive to the Surfers Paradise Golf Club

• 7.1km or 16-minute drive to the Gold Coast Turf Club

• 7.2km or 15-minute drive to Pindara Private Hospital

Listing description written by Ben Gannon, Ray White Mermaid Waters — reproduced as published, not verified by Districts.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.