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Median values are calculated based on data over a 12 month period.

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Market Report

Mermaid Waters has 217 houses available for sale. The median property price for a house is currently 1,650,000 with annual capital growth of 4.43 . There were 183 house sales in the past 12 months. On average, houses spend 32 days on market.

If you're thinking about buying an investment property in Mermaid Waters, consider that rental yields for houses are currently 3.74 with an average median rent of 1,200 weekly. Houses have seen 0.00 growth in the past quarter, and 4.43 growth in the past 12 months.

The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of total area. The population of Mermaid Waters in 2011 was 11,789 people. By 2016 the population was 12,042 showing a population growth of 2.1% in the area during that time. The predominant age group in Mermaid Waters is 40-49 years.

Households in Mermaid Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Waters work in a professional occupation. In 2011, 64.9% of the homes in Mermaid Waters were owner-occupied compared with 66.1% in 2016.

Mermaid Waters has 136 units available for sale. The median property price for a unit is currently 710,000 with annual capital growth of 12.70 . There were 127 unit sales in the past 12 months. On average, units spend 24 days on market.

If you're thinking about buying an investment property in Mermaid Waters, consider that rental yields for units are currently 5.42 with an average median rent of 700 weekly. Units have seen 1.43 growth in the past quarter, and 12.70 growth in the past 12 months.

The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of total area. The population of Mermaid Waters in 2011 was 11,789 people. By 2016 the population was 12,042 showing a population growth of 2.1% in the area during that time. The predominant age group in Mermaid Waters is 40-49 years.

Households in Mermaid Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Waters work in a professional occupation. In 2011, 64.9% of the homes in Mermaid Waters were owner-occupied compared with 66.1% in 2016.

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Key Market Data House Unit
Median price 1,650,000 710,000
Quarterly growth 0.00 +1.43
12-month growth +4.43 +12.70
Average annual growth +13.66 +12.96
Weekly median rent 1,200 700
Gross rental yield 3.74 5.42
Number of Sales (12m) 183 127
Avg. Days on Market (12m) 32 24
Jump to Market Trends
Key Demographics 2011 2016
Total population 11,789 12,042
Population change (5y) +1.22 +2.10
Median household income (p/w) 1,095 1,343
Household income change (5y) +12.19 +22.65
Median age of persons 41 41
Jump to Demographics Trends
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