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QLD › Mermaid Beach › Seagull Ave

U1, 93 Seagull Ave, Mermaid Beach QLD 4218

For saleVilla

$1,089,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,089,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,089,000(Listing record · 15 July 2026)
  • CalculationAsk is 69% below the Mermaid Beach median recorded sale ($3,510,000, n=21, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mermaid Beach's advertised median rent ($929/wk), implied gross yield would be 4.44% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,089,000

Asking

No recorded sale for this property.

Mermaid Beach at a glance

7,183

People

$3,510,000

Median sale

$929/wk

Median rent

1.38%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Mermaid Beach report →

Vs Mermaid Beach

-69.0%

Median sale

Suburb $3,510,000

+3.06 pp

Gross yield

Suburb 1.38%

Suburb median $3,510,000 from 21 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,089,000
Stamp Duty (Queensland)
$43,143
Transfer/Registration Fee
$4,485
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,140,328

$51,328 on top of the price (4.7% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Mermaid Beach's advertised median rent — not a rent for this listing.

Net yield
2.94%
Annual cashflow (pre-tax)
$-24,655
Interest cover (DSCR)
0.56
Annual rent
$48,308
Operating expenses
$16,335
Loan amount
$871,200
Annual interest
$56,628
Gross yield
4.44%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$1,089,000available15 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $929/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.4%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mermaid Beach in one glance

Mermaid Beach at a glance

7,183

People

$3,510,000

Median sale

$929/wk

Median rent

1.38%

Suburb gross yield

Median sale from 21 recorded sales (last 12 months) — a Districts calculation.

See the full Mermaid Beach report →

Keep researching

  • Why Mermaid Beach? Read the area thesis →
  • What else is on the market in Mermaid Beach →
  • Other records on Seagull Ave →

Listing material

Listed by COASTAL °

Boutique Beachside Buying with Unlimited Lifestyle Appeal

Positioned in one of the Gold Coast's most tightly held coastal pockets, this charming boutique townhouse-style residence presents an outstanding opportunity to secure a slice of blue-chip real estate just moments from the sand. Whether you're looking to invest, move in or secure the ultimate beachside weekender, opportunities like this in the heart of Nobbys Beach are becoming increasingly rare.

One of only four residences on a 405m² block, this is boutique living at its best. With low body corporate fees on a simple pay-as-you-go basis and exceptional long-term capital growth potential, this property delivers the perfect combination of affordability, lifestyle and future value in one of the Coast's most desirable locations.

Designed for relaxed coastal living, the spacious open plan layout features tiled flooring throughout the living areas. The functional kitchen includes an island bench with breakfast bar and generous overhead storage, refreshed with a new freestanding cooker, combining oven and cooktop and a new dishwasher. Flowing seamlessly outdoors, the private terrace provides the perfect setting to entertain family and friends after a morning at the beach.

Read the full description

Blending timeless coastal character with modern comfort, the upper level has been extensively renovated in 2026, delivering a fresh, light-filled interior that is ready to enjoy. With beautiful hardwood timber floors, the renovation includes a stylish new bathroom, upgraded electricals, new wall linings and ceiling fans, fresh paint, new built-in robe in the master bedroom and air conditioning. Both generously sized bedrooms open onto the generous balcony, while the sought-after northerly aspect fills the home with beautiful natural light and cooling sea breezes.

Location is everything, and this address delivers in every way. Start your day with a walk along the shoreline, just 150 metres from your front door, before grabbing a coffee or brunch in the buzzing Nobbys Beach village. Spend your evenings exploring some of the Gold Coast's most popular dining destinations, including The Oxley and Nobby's Arc, all just moments away, with an endless choice of cafés, restaurants and boutique retailers at your fingertips.

Adding even more appeal, the new light rail station is only a short three-minute stroll away, making commuting and weekend adventures easier than ever. Enjoy seamless access south to Burleigh Heads or travel north through Broadbeach, Surfers Paradise and Helensvale, connecting directly to Brisbane via the heavy rail network. Pacific Fair Shopping Centre, Miami Marketta, quality schools, sporting facilities and everyday conveniences are all within easy reach, placing the very best of the Gold Coast right on your doorstep.

Properties of this calibre, in boutique complexes of just four residences and within easy walking distance of the beach, are tightly held for good reason. Combining a premium location, low-maintenance living, tasteful renovations and outstanding investment credentials, this is an opportunity that promises exceptional lifestyle today and strong growth well into the future.

Property Features

• Charming boutique townhouse-style residence in the heart of Nobbys Beach

• One of only four lots on a 405m² parcel

• Outstanding investment opportunity with exceptional capital growth potential

• Timeless coastal character with light-filled interiors

• Spacious open plan living and dining area

• Tiled flooring throughout the living spaces

• Private outdoor entertaining terrace

• Functional kitchen with island bench and breakfast bar

• New freestanding cooker with oven and cooktop and new dishwasher

• Newly completed upper-level renovation including electrical upgrade and new wall linings

• Two generous bedrooms both with balcony access

• New built-in robe in master bedroom and new air conditioning

• Stylishly newly renovated bathroom

• Freshly painted

• Sought-after northerly aspect

• Pet-friendly complex with low body corporate fees on a pay-as-you-go basis

• Undercover parking and low-maintenance lifestyle

• Just 150 metres to Mermaid Beach, a three-minute walk to the light rail and an easy stroll to The Oxley, Nobby's Arc, Miami Marketta and only six minutes to Pacific Fair Shopping Centre.

Property Specifics:

• Council Rates: $3,987.26* per half year (investment rate)

• Water Rates: $444.54* per quarter

• Rental Appraisal: Estimated rental income of $850 - $900* per week (currently leased for $630 per week until 15th January 2027)

• Body Corporate: No fixed body corporate contribution in place. The body corporate is self managed by the owners of the complex and includes shared annual insurance of $1,955* per lot and incidental maintenance costs.

*Approx.

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 Guy Powell, COASTAL ° — reproduced as published, not verified by Districts.

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.