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 › Alfred St
$1,100,000
For sale
Asking
3
Bedrooms
1
Bathrooms
1
Car spaces
270 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
$1,100,000
Asking · $4,074/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
-68.7%
Median sale
Suburb $3,510,000
+3.01 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.
$52,007 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 4.4%. 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
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 Neo PropertyAn exceptional opportunity has become available in one of the Gold Coast's most tightly held and highly sought-after coastal suburbs - Mermaid Beach.
Positioned within a boutique complex of just six residences, this ground-floor apartment is uniquely positioned as the only three-bedroom residence in the complex, offering an increasingly rare opportunity to secure additional space in a premium beachside location. Featuring three bedrooms, one bathroom, and a practical floorplan designed for easy living, this is a property that will appeal to investors, future owner-occupiers, and those looking to secure a foothold in one of the Gold Coast's most desirable suburbs.
The true highlight is the location. Just moments from your doorstep, you'll find yourself on the golden sands of Mermaid Beach, enjoying morning walks along the shoreline, refreshing ocean swims, and the relaxed coastal lifestyle that continues to attract buyers from across Australia. Opportunities to secure property this close to the beach are becoming increasingly rare, particularly within a suburb renowned for its strong long-term growth, lifestyle appeal, and limited supply.
Adding further appeal is the incredible convenience on offer. Mermaid Plaza is just a short stroll away, providing easy access to grocery shopping, cafés, medical services, a butcher, bottle shop, and other everyday essentials. Commuting and connectivity are also a breeze, with the new Mermaid Beach South Tram Stop located at the end of the street, providing seamless access to Burleigh, Broadbeach, Surfers Paradise, and beyond.
For investors, the property offers immediate income with quality tenants already in place on a fixed-term lease until October 2027. This provides the opportunity to secure a blue-chip coastal asset today while benefiting from ongoing rental returns and future capital growth in a suburb that continues to experience strong demand and limited supply.
Whether you're looking to add a quality investment to your portfolio, secure a future beachside residence, or simply purchase in a location where lifestyle and growth potential go hand in hand, this property represents an opportunity not to be missed.
Property Features:
Ground-floor apartment in a boutique complex of only 6 residences
The only 3-bedroom apartment within the complex
3 bedrooms and 1 bathroom
Highly sought-after Mermaid Beach location
Just moments from the sand and surf
Walking distance to Mermaid Plaza shopping village
Close to grocery shopping, cafés, medical services, butcher, bottle shop and everyday conveniences
New Mermaid Beach South light rail station located at the end of the street
Strong investment opportunity with excellent rental appeal
Quality tenants currently in place
Low-maintenance coastal living
Outstanding long-term growth potential
Important Information:
Currently leased on a fixed-term tenancy until October 2027
Ideal investment opportunity with immediate rental income
Located within one of the Gold Coast's most tightly held beachside suburbs
Properties of this nature, offering both an exceptional location and strong investment fundamentals, are becoming increasingly difficult to secure.
For further information or to arrange an inspection, contact Henry Adams on 0478 905 791 or Michele on 0411 206 020.
Secure your place in one of the Gold Coast's most coveted coastal communities today.
Please note that some photographs have been virtually staged using AI to illustrate potential use of the space.
Disclaimer: Rescom Support Pty Ltd has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Rescom Support Pty Ltd toward the recipient with regard to the use of this information and all information given is given without responsibility.
Listing description written by Henry Adams, Neo Property — reproduced as published, not verified by Districts.