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QLD › Mermaid Beach › Albatross Ave

U20, 125 Albatross Ave, Mermaid Beach QLD 4218

For saleApartment

$2,900,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

1 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,900,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,900,000(Listing record · 9 June 2026)
  • CalculationAsk is 17% 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 1.67% — 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

$2,900,000

Asking · $2,900,000/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.

See the full Mermaid Beach report →

Vs Mermaid Beach

-17.4%

Median sale

Suburb $3,510,000

+0.29 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
$2,900,000
Stamp Duty (Queensland)
$147,275
Transfer/Registration Fee
$12,912
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
$3,063,887

$163,887 on top of the price (5.7% 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
0.17%
Annual cashflow (pre-tax)
$-145,992
Interest cover (DSCR)
0.03
Annual rent
$48,308
Operating expenses
$43,500
Loan amount
$2,320,000
Annual interest
$150,800
Gross yield
1.67%

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$2,900,000available9 June 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 1.7%. 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 Albatross Ave →

Listing material

Listed by COASTAL °

Absolute Beachfront Bliss in a Modern Top Floor Apartment

Inspections are available by appointment only. Please contact Stuart to arrange a time to inspect the unit.

Flaunting a coveted front row seat to the sand and surf, this absolute beachfront apartment treats you to a lifestyle as epic as the panoramic ocean views. Further bolstered by a prized top floor position within Albatross North Apartments - a boutique mixed-use complex set across a blue-chip 2,059m² beachfront parcel - it's a haven to marvel at the ever-changing beauty of the Pacific Ocean. Full-height glazing ensures there is nothing between you and this spectacular view, while also inviting in sunshine and sea breezes.

Impeccably presented with fresh and contemporary interiors, enjoy a renovated kitchen and open plan living and dining zone that seamlessly extends onto an oceanfront balcony. Equally suited to relaxed morning coffees, daily whale spotting or sunset entertaining, it's a place you'll love to linger. Two spacious bedrooms also include balcony access and ocean vistas, led by a master suite with a walk-in robe and updated ensuite. Additionally, benefit from a modern main bathroom, full laundry, ducted air-conditioning, ample storage, a secure car park and access to resort-style pool, BBQ area and onsite management.

Read the full description

Underpinned by a prized address bordering iconic Hedges Ave, this lifestyle and location are unbeatable. Along with the advantage of the beautiful beach at your doorstep, it's an easy stroll to the vibrant Mermaid and Nobby dining precincts. Public transport options (including the new G-Link light rail) are close too, and it's only a short drive to Pacific Fair, The Star and Gold Coast Airport. Whether seeking a low-maintenance lock-and-leave coastal escape, a personal holiday haven or a high-performing short or long-term investment, the opportunity is as versatile as it is compelling. Secure your place amongst the fortunate few who get to call the beachfront home - arrange an inspection today.

Property Specifications:

• Blissful absolute beachfront living in Albatross North Apartments, basking in panoramic ocean views

• Prime top floor position in a boutique building sprawled over a blue-chip 2,059m2 beachfront block

• Enticing mixed-use complex, ideal for a low-maintenance lock-and-leave lifestyle, personal holiday haven or a high-performing short or long-term investment

• Fresh, light-filled interiors enhanced by new flooring and full-height glazing, inviting in sunshine, sea breezes and views

• Renovated kitchen overlooks an open plan living and dining zone with direct balcony access

• Two spacious ocean-view bedrooms with balcony access - includes a master suite with walk-in robe and ensuite

• Modern main bathrooms plus full laundry

• Alfresco balcony is ideal for entertaining or relaxing (and spotting whales during migration season!)

• Ducted air-conditioning throughout

• Secure parking for one car plus storage cage

• Onsite manager plus a resort-style pool and BBQ area set amongst landscaped gardens

• Prized location - at the junction of Albatross and Hedges Ave - two of the Gold Coast's most coveted coastal addresses

• Stroll to vibrant Mermaid and Nobby Beach dining precincts

• Pacific Fair, Star Casino within a 3.5km radius

• Approx. 17km from Gold Coast Domestic and International Airport

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 Stuart Reeder, COASTAL ° — reproduced as published, not verified by Districts.

Property features

  • In-Ground Pool

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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.