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 › Gretel Dr
$3,750,000
For sale
Asking
4
Bedrooms
3
Bathrooms
5
Car spaces
707 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
Asking
$3,750,000
Asking · $5,304/m² of land
No recorded sale for this property.
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
+76.1%
Median sale
Suburb $2,130,000
-0.99 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.
$216,720 on top of the price (5.8% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Mermaid Waters's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 1.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 ° RobinaSome homes just make sense the moment you walk in. This is one of them.
76 Gretel Drive sits on a 707sqm south-facing canal block home sits directly on the water with its own pontoon connecting to the Southport Seaway. At the rear, a stone waterfall pool and exposed brick alfresco create the perfect weekend retreat. Upstairs, the master bedroom opens onto a glass-balustraded balcony with serene canal views, the ideal way to start every morning.
Inside, three separate living areas spread across two levels give every family member their own space. The open-plan kitchen and dining area flow seamlessly out to the alfresco through full-height stacking doors, featuring white gloss cabinetry, stone benchtops, and premium stainless steel appliances. A second lounge, dedicated media room, and separate study complete a home that is as functional as it is beautiful.
The master suite includes a frameless glass ensuite, while the three additional bedrooms share a well-appointed bathroom with a separate toilet, vanity room, bath and shower areas.
Additional features include fully ducted Daikin air conditioning, a 51m2 double garage, remote-controlled entry gates, a security system, and 315m2 under roof on a fully fenced block.
Property Features
• Double storey waterfront home on 707sqm south-facing canal block
• 4 large bedrooms, 3.5 bathrooms, dedicated study and home office
• 3 separate living areas including media room
• White gloss kitchen with stone benchtops and stainless appliances
• Covered exposed brick alfresco with ceiling fan and decorative privacy screen
• Stone waterfall pool with timber deck surround
• Glass-balustraded upstairs balcony with canal views
• Master bedroom with direct balcony access and canal outlook
• Private pontoon with power & water and direct waterway access to Southport Seaway
• Two outdoor showers and external dog wash bay with hot and cold water
• Oversized 51sqm double garage
• 315m2 under roof living space on 707sqm block
• Fully ducted Daikin air conditioning system
• Internal security system with external visual alarm
• Large heat pump hot water system
• Fully fenced with remote controlled driveway entry gates
• Council rates approx. $2200 per half year
• Council water rates approx. $700 per quarter
• Estimated weekly rental return approx. $1800 per week
• Minutes to Pacific Fair, Broadbeach, light rail and Mermaid Beach
Mermaid Waters puts you minutes from Pacific Fair, Broadbeach, the light rail, and the Gold Coast's best schools. It's a suburb people choose intentionally, and once they're in, they rarely leave.
Waterfront homes at this address don't come up often. Come and see why.
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. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Duwayne Mattig, COASTAL ° Robina — reproduced as published, not verified by Districts.