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 › Surf St
$1,780,000
Last sold
24 Apr 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
607 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
$1,780,000
24 Apr 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
-16.4%
Median sale
Suburb $2,130,000
+0.45 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 Social Real Estate AgentsDiscover the charm of coastal living at 59 Surf Street – a sun-soaked, north-facing home that stands out for its prime location, generous block size, and close proximity to the beach. This is an exceptional chance to secure a property in a highly desirable neighbourhood, allowing you to enjoy the laid-back lifestyle this area is renowned for.
Positioned on a spacious 607sqm block with a 16.1metre frontage , this single-level residence is filled with natural light and coastal appeal. Only 750 metres* from the shoreline, you get all the benefits of beachside living without the hefty price tag. Families are increasingly drawn to this pocket for its welcoming, family-friendly atmosphere, nearby parks, and fantastic amenities.
With parks just down the street and easy access to schools, Pizzey Park, Pacific Fair, The Star Casino, and Nobby Beach's vibrant café, dining, and bar scene, this home delivers the best of both convenience and lifestyle. The versatility here is unmatched – perfect for growing families, professionals, or those seeking a relaxed seaside haven.
Key Features
- Three bedrooms with built-in wardrobes, plus a separate bathroom and toilet.
- Versatile third bedroom that can serve as an office.
- Fantastic opportunity in a sought-after, family-friendly neighbourhood.
- Approximately 750m walk to the beach and a short distance to the Nobbys Precinct, The Oxley, parks, schools, and public transport options, including the upcoming light rail.
- North-facing aspect on a generous 607sqm* block.
- Light-filled, single-level coastal home with exceptional indoor-outdoor flow.
- Open-plan lounge and dining area, ideal for entertaining.
- Spacious outdoor area with a swimming pool and dedicated entertaining zone.
- Secure parking for multiple vehicles, with ample off-street parking.
- Energy-efficient solar panels (approx. 5kW) and split-system air conditioning.
- A short 5-minute* drive to Pacific Fair Shopping Centre and The Star Casino.
Experience the perfect balance of beachside lifestyle and everyday convenience in this delightful Surf Street home – a property brimming with potential and opportunity. Don't miss your chance to secure your place in this highly coveted coastal enclave.
Listing description written by Ron London, Social Real Estate Agents — reproduced as published, not verified by Districts.