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 › Barrier Reef Dr
$2,120,000
Last sold
11 Nov 2025
7
Bedrooms
4
Bathrooms
2
Car spaces
901 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
$2,120,000
11 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Mermaid Waters (last 5 years) with land size have a median of $2,895/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
-0.5%
Median sale
Suburb $2,130,000
+0.01 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 RobinaTwo Fully Self-Contained Homes | 901sqm Corner Block | Rare and Urgent Opportunity
Whether you need room for the grandparents, a live-in babysitter, or a separate workspace for your business, this property offers unmatched flexibility, comfort, and lifestyle potential.
Kieran Jensen and Karyn O'Dea proudly present this dual-residence property in one of Mermaid Waters' most prestigious and tightly held locations.
Positioned on a sprawling 901 square metre corner block, this property offers two fully self-contained homes, each with private entrances and complete separation, sharing a sparkling in-ground swimming pool and a north-east facing entertaining deck. Fully fenced for security and privacy, it's perfect for families, guests, or client appointments.
With twenty-four solar panels providing energy efficiency and reduced running costs, this property combines sustainable living with modern comfort.
Residence One
• Light-filled, four-bedroom home designed for effortless entertaining and family living
• Designer kitchen with stone waterfall island bench, Westinghouse appliances, and plumbed refrigerator space
• Open plan living and dining areas, tiled for style and easy maintenance
• Six split system air conditioning units, ceiling fans, and full security screens
• Luxurious master bedroom with ensuite and built-in wardrobe
• Three additional bedrooms with built-in wardrobes, air conditioning, and ceiling fans
• Modern family bathroom and internal laundry with stone benchtop
• Double garage with internal access
• Direct access to covered entertaining area and swimming pool
Residence Two - Ideal Home Office / Studio / Beauty Space
• Private, contemporary, and highly functional three-bedroom home with own entrance, perfect for a home-based business
• Fully ducted and zoned air conditioning for year-round comfort
• Open plan living and dining flowing to an outdoor entertaining deck-ideal for client meetings or relaxation
• Modern kitchen with excellent storage, plumbed refrigerator space, and double sink
• Spacious master bedroom with walk-through wardrobe and ensuite, plus two additional bedrooms with built-in wardrobes-perfect for staff or treatment rooms
• Main bathroom with floor-to-ceiling tiles
• Secure, separate from the main residence, and fully screened-perfect for professional use or renting as a studio/office
Why This Property Will Not Last
• Rare dual-living opportunity with immediate appeal to families, investors, and entrepreneurs
• Prime Mermaid Waters location, minutes to Pacific Fair Shopping Centre, patrolled beaches, schools, and dining
• Large 901 square metre block in a tightly held enclave
• Flexible living arrangements with long-term growth potential
This is a once-in-a-generation opportunity to secure a dual residence in Mermaid Waters. With properties of this scale and flexibility in high demand, it's sold in days, not weeks. Act now before it's gone.
Listing description written by Kieran Jensen, Ray White Robina — reproduced as published, not verified by Districts.