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QLD › Mermaid Beach › Mermaid Ave

U1001, 7-9 Mermaid Ave, Mermaid Beach QLD 4218

For saleApartment

$1,279,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,279,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,279,000(Listing record · 20 May 2026)
  • CalculationAsk is 64% 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 3.78% — 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

$1,279,000

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

-63.6%

Median sale

Suburb $3,510,000

+2.40 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
$1,279,000
Stamp Duty (Queensland)
$54,068
Transfer/Registration Fee
$5,370
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
$1,342,138

$63,138 on top of the price (4.9% 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
2.28%
Annual cashflow (pre-tax)
$-37,385
Interest cover (DSCR)
0.44
Annual rent
$48,308
Operating expenses
$19,185
Loan amount
$1,023,200
Annual interest
$66,508
Gross yield
3.78%

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$1,279,000available20 May 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 3.8%. 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 Mermaid Ave →

Listing material

Listed by Ray White Malan + Co

Rare Opportunity to Secure this Brand new Coastal Luxury apartment

The Trent Hones Team is proud to present this beautifully appointed two-bedroom apartment within the exclusive YVES development in Mermaid Beach, offering a refined expression of coastal luxury living. Thoughtfully designed to maximise light, space, and flow, the residence delivers seamless indoor-outdoor integration, with an expansive north facing balcony extending directly from the open-plan living and dining area and capturing elevated ocean, city and hinterland outlooks.

At the heart of the apartment, the contemporary kitchen and living space connect effortlessly to the outdoors, creating a bright and sophisticated setting ideal for both relaxed living and entertaining. Premium finishes, generous proportions, and abundant storage throughout further enhance the sense of quality and everyday functionality.

This brand-new luxury residence has been meticulously crafted to the highest standard, showcasing world-class design and attention to detail within one of the Gold Coast's most sought-after new beachfront developments.

Read the full description

The primary suite offers a large walk in wardrobe combined with a spacious and elegantly appointed ensuite and access to the balcony. The second bedroom is serviced by a sleek, modern main bathroom, continuing the home's commitment to comfort and refined design.

Residents of YVES are treated to an exceptional suite of resort-style amenities spread across multiple levels, including a north facing pool surrounded by landscaped lounging areas and private cabanas, a fully equipped gym, and sauna facilities. Outdoor entertaining is elevated with dedicated barbecue and dining spaces, offering an effortless blend of luxury, leisure, and coastal sophistication.

• Brand-new two-bedroom residence positioned on the 10th floor, showcasing sweeping ocean and skyline views

• Expertly developed by Hirsch & Faigen and architecturally designed by award-winning Rothelowman

• Contemporary kitchen featuring high-end appliances and quality finishes

• Light-filled open-plan living and dining area seamlessly extending to a spacious-facing balcony

• Elegant engineered oak timber flooring throughout

• Two well-appointed bedrooms complete with built-in robes

• Generous storage solutions throughout

• Premium ducted heating and cooling ensuring year-round comfort

• Spacious separate laundry

• Secure basement car space included

• Visitor parking

• The rooftop terrace has spectacular views along with a private bookable dining space and lounge for sunsets drinks and relaxation

Outgoings:

• Council Rates: $1,531 Approx - Per 6 months

• Water Charges: $203 Approx - Per quarter

• Body Corporate: $105 Approx - Per week

Two levels of resort-style amenities cocooned amongst cascading greenery including a north-facing pool with sun lounges and cabanas, gym, sauna, BBQ entertaining area, rooftop residents lounge and wine bar and a private dining room with a chef's kitchen - Ideal as an astute investment or lock-and-leave residence for downsizers

Ideal opportunity for investors or downsizers seeking a premium lock-and-leave lifestyle

Enjoy a short stroll to the beach, local shops, cafes, and dining, with easy access to Pacific Fair, The Star Casino, The Convention Centre, Broadbeach, and Nobby Beach. Walking distance to Woolworths and some of the city's best dining options nearby, this suburb continues to grow in popularity and investment potential. With ample public transport, including the upcoming Light Rail, and Gold Coast Airport just 20 minutes away, this is a dream location.

Mermaid Beach stands out as one of the Gold Coast's most tightly held and desirable suburbs, prized for its absolute beachfront positioning, limited supply, and premium lifestyle appeal. With strong demand from buyers and a proven track record of capital growth, the suburb continues to benefit from ongoing development and lifestyle migration, making it a compelling choice for those seeking both an exceptional place to live and a smart long-term investment.

Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. *Denotes approximate measurements.

Some marketing images may include virtual furniture, enhancements or digital alterations where applicable. These are provided as a visual guide only and may not reflect the property's current presentation. Interested parties should rely on their own inspection.

Listing description written by Trent Hones, Ray White Malan + Co — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Floorboards
  • Gym
  • Intercom
  • In-Ground Pool
  • Secure Parking

Also look at

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  • U1902, 15 Peerless Ave, Mermaid Beach QLD 4218

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Districts

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.