Mermaid Waters at a glance
14,316
People
$2,140,000
Median sale
$943/wk
Median rent
2.29%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
QLD › Mermaid Waters › Albicore St
For sale
For sale
3
Bedrooms
2
Bathrooms
2
Car spaces
318 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Mermaid Waters (last 5 years) with land size have a median of $2,870/m² of land (n=66). Districts calculation from recorded sales — not a valuation.
Mermaid Waters at a glance
14,316
People
$2,140,000
Median sale
$943/wk
Median rent
2.29%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
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 $943/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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 Waters at a glance
14,316
People
$2,140,000
Median sale
$943/wk
Median rent
2.29%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by COASTAL ° Paradise PointPositioned within the secure and tightly held Melaleuca Park estate, this freestanding, single-level residence offers an exceptional combination of privacy, space and low-maintenance living, just moments from the vibrant Nobby Beach precinct and some of the Gold Coast's most beautiful beaches. Bright and welcoming with a desirable north-facing aspect, the home offers three bedrooms, two bathrooms, a double lock-up garage and private fully fenced yard, all across one easy level.
At the heart of the home, the spacious open-plan living and dining area is filled with natural light and features tiled flooring and air-conditioning. The updated kitchen connects seamlessly with the living areas and includes generous bench and cupboard space, dishwasher and plenty of storage, creating a practical central hub for everyday living.
Accommodation includes three well-proportioned bedrooms with ceiling fans, including the master bedroom with private ensuite. The main bathroom features a bathtub with separate toilet, while a separate internal laundry, security screens and excellent storage throughout add to the home's functionality. Outside, the private fully fenced yard provides a peaceful and low-maintenance space to entertain, garden or simply enjoy the Gold Coast sunshine.
Set amongst established tropical gardens, residents of Melaleuca Park enjoy the peace of mind of secure gated living, beautifully maintained common areas and a resort-style swimming pool. Combined with the home's single-level design, private yard and secure double garage, the property presents an appealing opportunity for owner-occupiers, downsizers and investors alike.
The location places you within easy reach of everything this popular coastal pocket has to offer. Nobby Beach is home to an impressive collection of cafés, restaurants and bars, while nearby The Oxley 1823 has created a vibrant village of dining, fresh food, wellness and boutique retailers. The sandy beaches of Mermaid Beach and Miami are close by, along with Pacific Fair, Broadbeach and Burleigh Heads, while the newly completed Stage 3 G provides convenient light rail connections through Nobby Beach and along the Gold Coast.
Features include:
• Freestanding, single-level residence
• Secure and tightly held Melaleuca Park gated estate
• Bright north-facing aspect
• Three well-proportioned bedrooms with ceiling fans
• Master bedroom with private ensuite
• Main bathroom with bathtub and separate toilet
• Spacious open-plan tiled living and dining
• Air-conditioning to main living area
• Updated kitchen with dishwasher
• Plenty of storage space
• Private, fully fenced low-maintenance yard
• Separate internal laundry
• Security screens
• Secure double lock-up garage
• Well maintained estate with established tropical gardens throughout
• Resort-style swimming pool
• Approximately 650m to Nobby Beach dining and café precinct
• Easy access to Mermaid Beach and Miami beaches
• Convenient access to the new Stage 3 G light rail
• Minutes from Pacific Fair, Broadbeach and Burleigh Heads
Listing description written by Larissa Martos, COASTAL ° Paradise Point — reproduced as published, not verified by Districts.
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