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 › Frascati St
$2,790,000
Last sold
26 May 2025
4
Bedrooms
3
Bathrooms
2
Car spaces
531 m²
Land
365 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
$2,790,000
26 May 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
+31.0%
Median sale
Suburb $2,130,000
-0.54 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 KolloscheMarketing Campaign: Targeted Digital Campaign
OFI Attendees: 58
Enquiries: 73
Days on Market: 46
For those who value location, lifestyle, and luxury, this stunning residence is the ultimate choice. Situated a short stroll from golden beaches and retail and leisure mecca, Pacific Fair, you'll be enchanted by everything this contemporary coastal oasis offers. Meticulously renovated from the slab up – as if it were a brand new build – cool sea breezes caress the two light-filled levels, while the soaring square-set ceilings, plantation shutters, natural marble finishes, and VJ feature walls combine to create a refined yet relaxed ambiance.
Designed for effortless entertaining, the sleek kitchen is a chef's dream. Complete with a butler's pantry, Quantum Quartz island bench, premium Asko and Ariston appliances, it also boasts a large servery window to the alfresco area. This seamless indoor-outdoor connection is mirrored in the adjacent open-plan living and dining zone, with stackable slider doors erasing all barriers to the entertaining terrace. Here, a breeze block exudes classic charm, complemented by a Ziegler & Brown BBQ, drinks fridge and stunning magnesium pool wrapped in travertine paving. Bathed in northern sunshine, this tranquil retreat feels like your own private resort.
Upstairs, a sunlit living area captures views of the Broadbeach skyline, with modern comfort continuing in the spacious master suite. One of three upper-level bedrooms, it's appointed with an indulgent marble ensuite. A fourth bedroom downstairs enjoys its own ensuite and external access (ideal for guests), complemented by an executive office and powder room. Additionally, each of the three bathrooms boast marble vanities, full height tiling and premium fixtures, echoing the home's sophisticated ambience.
The Highlights:
- As-new contemporary coastal oasis in a sought-after location
- 531m2 block a short stroll from Pacific Fair and golden beaches
- Fully renovated from the slab up; just like a brand new build
- Light, bright and airy interiors caressed by cool sea breezes, showcasing plantation shutters, high square set ceilings, natural marble finishes plus VJ feature walls
- An oversized rattan pendant floats above the foyer's double-height ceiling, casting a warm glow on the textural marble feature wall
- Sleek kitchen boasts a butler's pantry, Quantum Quartz island bench, Asko dishwasher, Ariston induction cooktop, oven and combination microwave oven plus a large servery window to the outdoor entertaining area
- Open plan kitchen, living and dining zone trimmed with stackable slider doors, facilitating a fluid indoor-outdoor flow
- Sunny upper-level living area with views of the Broadbeach skyline
- Spacious and stylish master suite features a walk-in robe and indulgent marble ensuite
- Two bedrooms with built-in desks and robes, serviced by a contemporary bathroom
- Fourth bedroom downstairs, with a built-in robe, elegant ensuite and external access
- Ground floor office (with built-in desk) and powder room
- All bathrooms boast marble trimmed vanities, full height tiling and premium fixtures
- Expansive alfresco entertaining terrace fringed with a breeze block feature wall and fitted with a Ziegler & Brown BBQ, drinks fridge, Bluetooth ceiling speakers and timber fans
- North facing yard includes a stunning magnesium pool trimmed with travertine paving
- Secure double carport and additional driveway parking
- Gated entry to park a jet-ski or similar
- Laundry with external access
- Abundant storage indoors and out, including under the stairs and carport roof cavity
- Low-maintenance gardens and lawns
- Air-conditioning and ceiling fans
- Large solar system
Outgoings:
Council Rates: $3,010.90 per year approx.
Water Rates: $1,195.64 per year approx.
Tucked away in a peaceful cul-de-sac, there's just so much to love about this location. Not only can you stroll 700m (approx.) to enjoy the Mermaid Beach sand and surf, but it's just footsteps to Pacific Fair – the Gold Coast's premier shopping, dining and leisure precinct. Broadbeach is a mere 1km away too, offering access to another vibrant array of restaurant and retail delights that includes Star Casino. Public transport is also plentiful, along with a variety of health and wellness amenities.
Don't miss the opportunity to secure an enviable lifestyle in this unbeatable coastal home and location. Contact Gypsea Youngsmith or Taylor Kleinberg on 0424 544 485 or 0447 466 177 for more information 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 Gypsea Youngsmith, Kollosche — reproduced as published, not verified by Districts.
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