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 › Monteclair Ct
$2,350,000
Last sold
21 May 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
1,034 m²
Land
319 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
$2,350,000
21 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Mermaid Waters (last 5 years) with land size have a median of $2,895/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
+10.3%
Median sale
Suburb $2,130,000
-0.21 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 COASTAL ° Upper CoomeraPositioned on an expansive 1,034m² waterfront allotment in the highly sought-after suburb of Mermaid Waters, this tightly held residence presents an exceptional opportunity for renovators, investors, or those seeking to create their dream coastal home. Offered to the market for the first time in over 30 years, this solidly constructed home combines generous proportions, breathtaking water views, and outstanding potential in a premium lifestyle location.
Designed for comfortable family living, the home features multiple oversized living and dining zones, complemented by a well-appointed kitchen-renovated approximately 10 years ago-and seamless indoor-outdoor flow. The spacious master retreat includes a walk-in robe and a private ensuite with spa bath, while additional bedrooms and a versatile study/MPR provide flexibility for growing families or those working from home. Outdoors, a substantial private pontoon and peaceful waterfront setting create the perfect backdrop for relaxed coastal living.
Property Features:
• Generous 1,034m² waterfront block (south to water)
• Three bedrooms plus study/MPR (potential fourth bedroom)
• Multiple oversized living and dining areas
• Kitchen renovated approximately 10 years ago
• Large master suite with walk-in robe and spa ensuite
• Well-positioned kitchen with ample space and storage
• Internal laundry
• Newly installed ducted air conditioning throughout
• 6kW solar power system
• Huge private pontoon (approx. 9m x 4m)
• South-facing waterfront aspect - no harsh afternoon sun (Front yard faces North)
• Exceptional water views from key living areas
• Solid 1988 build with outstanding renovation potential
• Owner-occupied for over 30 years, never rented
• No body corporate fees
• Zoned Low Density Residential
• Rental Appriasal: $1400 PW - by Coastal Property Agents
Location Highlights:
• Approx. 5 minutes to Mermaid Beach
• Approx. 6 minutes to Nobby Beach
• Approx. 5 minutes to Pacific Fair Shopping Centre
• Approx. 9 minutes to Robina Town Centre
• Approx. 13 minutes to Surfers Paradise
• Approx. 3 minutes to local conveniences including supermarkets, cafes, medical facilities, and specialty stores
• Approx. 20 minutes to Gold Coast Airport
Ideally located just minutes from pristine beaches and surrounded by an array of lifestyle amenities, Mermaid Waters is renowned for its peaceful, family-friendly atmosphere. The suburb is defined by an intricate network of lakes and canals, including the picturesque Lake Hugh Muntz, offering opportunities for kayaking, swimming, and waterfront recreation. Residents enjoy close proximity to major retail hubs such as Pacific Fair and Robina Town Centre, as well as quality education options including Bond University and a range of highly regarded public and private schools. Nearby sporting and recreational facilities further enhance the relaxed yet connected coastal lifestyle.
Opportunities of this scale and potential in such a prime waterfront position are increasingly rare. Whether you choose to renovate, rebuild, or simply enjoy as is, this is a property that promises both immediate lifestyle appeal and long-term value.
For more information or to arrange your inspection, contact Cameron or Sarah today.
First Open Home: Saturday 18th | 12:30pm - 1:00pm
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.
Listing description written by Cameron Webber, COASTAL ° Upper Coomera — reproduced as published, not verified by Districts.