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 › Bondi Ave
$1,100,000
For sale
Asking
2
Bedrooms
2
Bathrooms
2
Car spaces
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
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 TheOnsiteManager2 Bedrooms | 2 Bathrooms | 2 Secure Car Spaces
Positioned in one of the Gold Coast's most sought-after beachside suburbs, this stylish apartment in the boutique OTTO Mermaid Beach offers the perfect combination of contemporary luxury, coastal lifestyle and investment appeal.
Mermaid Beach is renowned for its pristine stretch of golden coastline, vibrant cafe culture and the prestigious Hedges Avenue - often referred to as the Gold Coast's "Millionaires' Row." Just moments from kilometres of white sandy beaches, this exceptional location delivers the ultimate beachside lifestyle while placing you within easy reach of world-class dining, shopping and entertainment.
Situated on the 5th floor, this beautifully appointed apartment showcases ocean views from both the living area and master bedroom. Designed to maximise natural light and effortless indoor-outdoor living, the spacious open-plan layout flows seamlessly onto a private east-facing balcony where you can relax and enjoy the sea breeze.
The modern kitchen is finished with quality stone benchtops, integrated cabinetry and premium appliances, making it as functional as it is stylish. Both bedrooms are generously proportioned, with the master suite featuring ocean views, a built-in robes and private ensuite.
Whether you're looking for a quality investment or a future beachside home, this apartment presents an outstanding opportunity. Currently leased to long-term tenants at $920 per week until April 2027, it offers immediate rental income with strong long-term appeal.
PROPERTY FEATURES
- Two spacious bedrooms with built-in storage
- Master suite with ocean views, built-in robes & ensuite
- Two contemporary bathrooms
- Light-filled open-plan living and dining area
- East-facing balcony capturing ocean views and cooling sea breezes
- Modern kitchen with stone benchtops and premium appliances
- European-style laundry with ample storage
- Ducted air conditioning throughout
- Gas hot water and NBN connectivity
- Two secure side-by-side basement car spaces
- Pet friendly (subject to Body Corporate approval)
COMPLEX AMENITIES
Residents enjoy the convenience and security of this boutique eight-level development, complete with:
- Secure building access
- Welcoming reception foyer and resident lounge
- Saltwater swimming pool
- Fully equipped gymnasium
- BBQ and entertaining area with sun deck
UNBEATABLE LOCATION
Perfectly positioned to enjoy everything Mermaid Beach has to offer:
- Approximately 300 metres to the beach
- Walking distance to popular cafe's, restaurants and local shopping
- Close to schools and public transport
- Easy access to Pacific Fair, Broadbeach dining precinct and the Gold Coast's finest lifestyle attractions
This is an exceptional opportunity to secure a quality apartment in one of the Gold Coast's most desirable beachside locations.
For further information or to arrange your private inspection, contact Tracie Saks today.(Listing ID: 21188991 )
Listing description written by Tracie Sakrzewski, TheOnsiteManager — reproduced as published, not verified by Districts.
Also look at
U806, 7-9 Mermaid Ave, Mermaid Beach QLD 4218
3-bed apartment. Currently listed.
U1902, 15 Peerless Ave, Mermaid Beach QLD 4218
2-bed apartment. Currently listed.
30 Alexandra Ave, Mermaid Beach QLD 4218
6-bed block of units for sale. Currently listed.
U6, 29 Seagull Ave, Mermaid Beach QLD 4218
2-bed unit. Asking $1.2M.