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.
QLD › Mermaid Beach › Gold Coast Hwy
$1,050,000
For sale
Asking
2
Bedrooms
2
Bathrooms
2
Car spaces
911 m²
Land
Districts View
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
$1,050,000
Asking · $1,153/m² of land
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.
Vs Mermaid Beach
-70.1%
Median sale
Suburb $3,510,000
+3.22 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.
$48,899 on top of the price (4.7% 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 Beach'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 $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.
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 4.6%. 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 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.
Listing material
Listed by COASTAL °Feel the sand between your toes located only 300 metres from the beach, walking distance to the Nobbys shops, awaits this spacious apartment with a north facing balcony in the rarely available 'Splendido Apartments' in Mermaid Beach.
This oversized 2 bedroom, 2 bathroom ground floor apartment will not disappoint. Upon entering, you immediately feel the relaxed beachside lifestyle on offer. The spacious kitchen with a central breakfast bar all overseeing the large open plan living and dining space, allowing for optimal natural light fitted, ideally flowing seamlessly out onto the entertainers balcony.
Boasting 2 large bedrooms including rear balconies of both, the master suite with a generous ensuite and a large walk in robe, split-system air conditioning unit. An additional shared bathroom and separate laundry also await.
All of this is only footsteps from the highly anticipated 'Alfred' development which will offer a wide array of shopping, dining and entertainment options, once complete. Walking distance to the Gold Coast's most famous beaches, local cafes and a stone's throw to the surrounding dining and entertaining precincts of Nobbys Beach, Burleigh Heads, Miami and Broadbeach, plus several shopping centres, schools and public transport only moments away.
Inspect today as this spacious ground floor beachside apartment on one of the Gold Coast's most sought after addresses will not last!
Property Specifications:
• Enjoy the on-site facilities at Splendino Apartments, including a swimming pool and barbecue area
• Plus the benefit of an on-site manager keeping a watchful eye over the complex
• Reasonable body corporate fees of $148 approximately
• Council rates of $3,026 and water rates of $1,832 approximately
• Rental return approximately $800 to $900 per week
• 2 bedrooms with their own balconies, 2 bathrooms, 2 secure car parks
• Large alfresco north facing sundrenched balcony, two rear balconies capturing the morning sun
• Spacious open plan living & dining space filled with natural light
• Ample storage throughout and separate laundry
• Split system air conditioning and fans throughout
• Golden opportunity - Inspect today as this amazing apartment will not last long
Location Specifics:
• Public Transport Tram Stop - 0.24km
• Mermaid Beach - 0.3km
• Woolworths Metro & Mermaid Plaza - 0.5km
• The Oxley dining and entertaining precinct - 0.7km
• Mermaid Beach Bowls Club - 0.95km
• GC Highway Mermaid Dining Hub, Piatto, Cantina & Glenelg Public House - 1.1km
• Miami State High School (Catchment Zone) - 1.3km
• Burleigh Gold Club - 2.1km
• Broadbeach State School (Catchment Zone) - 2.2km
• Pacific Fair Shopping centre - 3.4km
• James Street, Burleigh Heads beach, dining and entertaining precinct - 4.6km
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 Brian Goodgame, COASTAL ° — reproduced as published, not verified by Districts.
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