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 › Seagull Ave
$1,199,000
For sale
Asking
2
Bedrooms
2
Bathrooms
2
Car spaces
1 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
$1,199,000
Asking · $1,199,000/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.
Vs Mermaid Beach
-65.8%
Median sale
Suburb $3,510,000
+2.65 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.
$58,165 on top of the price (4.9% 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 4.0%. 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 °Perfectly positioned In the Nobby Beach precinct. This immaculate presented spacious apartment in this popular beachside enclave is generously proportioned and boasts indoor outdoor living spaces, maximising the beachside lifestyle that's right on your doorstep. This unique property is situated in a small boutique walk-up block of only 8 apartments located less than 150m to the Nobby Beach Surf Club and the golden sands of Mermaid Beach. With an ideal East aspect this garden terrace beachside apartment offers an abundance of both ocean breezes and natural light also featuring very generous carparking.
Features You'll Love:
- 2 generous sized bedrooms, master with modern ensuite and balcony access
- Modern spacious main bathroom with combined laundry
- Well-appointed kitchen with a floating island, stone benchtops, dishwasher and large pantry space
- Split air-conditioning system in both living room and master bedroom
- Open plan living and dining, seamlessly flowing out to the balcony making this space practical to use all year round
- Large east facing terrace/outdoor entertaining area.
- Secure basement parking for 2 cars with large storage shed in place
- 150m walk to beach and short walk to an abundance of local cafes, bars, quality restaurants and shops
- Pet friendly complex
The Incredible Location:
- Mermaid Beach 150m
- Nobby Beach Surf Club 150m
- BSKT Cafe on Albatross 120m
- Vibrant Nobby Beach Village including The Oxley precinct, cafes, deli, grocer, numerous restaurants, boutiques 160m
- Woolworths Metro Mermaid Beach 1.3km
- Brand new Nobby Beach Light Rail Station 280m
- Pacific Fair Shopping Centre 2.8km
- Gold Coast Star Casino 3.4km
Apartments in positions like this are tightly held so grab this opportunity now to secure your future with your very own slice of Mermaid Beachside. For more information contact Alex Dobson on 0457 072 779 or Brian Goodgame on 0450 562 826 to organize an inspection today.
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.
Listing description written by Brian Goodgame, COASTAL ° — reproduced as published, not verified by Districts.