Price drops in Mermaid Beach
Listings for sale in Mermaid Beach, QLD 4218 whose current asking price is a cut from an earlier one, and by how much. Updated daily.
Most recent cut recorded:
Listings reduced
30
29% of 105 live listings
Median cut
3.7%
$56K off the asking price
Days listed before cut
60
median, first listed to latest cut
Cuts, last 30 / 90 days
23 / 28
no current price rises
Mermaid Beach price-drop summary
30 listings in Mermaid Beach (29% of the 105 on the market) are advertised below an earlier asking price. The typical reduction is 3.7%, about $56K. Apartment listings account for 27 of them, with a median cut of 3.9%.
Cuts by property type
| Type | Listings reduced | Median cut |
|---|---|---|
| Apartment | 27 | 3.9% |
| Townhouse | 2 | 2.7% |
| Duplex+Semi Detached | 1 | 7.1% |
Largest current cuts in Mermaid Beach
By percentage, biggest first. Previous asking is the price immediately before the latest cut.
| Address | Previous asking | Now asking | Cut | Cut on | Property |
|---|---|---|---|---|---|
| ID:21188991/1 Bondi Avenue | $1,250,000 | $1,100,000 | -12.0% | 2 bed Apartment | |
| 5/36 Alexandra Ave | $1,000,000 | $895,000 | -10.5% | 2 bed Apartment | |
| 901/43 Peerless Avenue | $1,200,000 | $1,100,000 | -8.3% | 2 bed Apartment | |
| 2/21 Chairlift Avenue | $1,250,000 | $1,150,000 | -8.0% | 2 bed Apartment | |
| 4/2342-2358 Gold Coast Highway | $949,000 | $879,000 | -7.4% | 3 bed Apartment | |
| 402/48 Ventura Road | $1,100,000 | $1,020,000 | -7.3% | 2 bed Apartment | |
| 61/14-26 Markeri Street | $699,000 | $649,000 | -7.2% | 1 bed Apartment | |
| 5A Bondi Avenue | $2,100,000 | $1,950,000 | -7.1% | 4 bed Duplex+Semi Detached | |
| 2/13-15 Chairlift Avenue | $2,995,000 | $2,795,000 | -6.7% | 3 bed Apartment | |
| 7/2341 Gold Coast Highway | $1,150,000 | $1,075,000 | -6.5% | 2 bed Apartment | |
| 11/34 Ventura Road | $1,060,000 | $999,000 | -5.8% | 2 bed Apartment | |
| 34/14-26 Markeri Street | $949,000 | $899,000 | -5.3% | 2 bed Apartment | |
| 4/93 Seagull Avenue | $1,160,000 | $1,099,000 | -5.3% | 2 bed Apartment | |
| 12/32-38 Montana Road | $1,100,000 | $1,049,000 | -4.6% | 2 bed Apartment | |
| 302/272 Hedges Avenue | $2,575,000 | $2,475,000 | -3.9% | 2 bed Apartment | |
| 1/37 Hilda Street | $2,489,000 | $2,400,000 | -3.6% | 4 bed Townhouse | |
| 3/10-16 Alexandra Avenue | $650,000 | $629,000 | -3.2% | 1 bed Apartment | |
| 11/17 Markeri Street | $980,000 | $950,000 | -3.1% | 2 bed Apartment | |
| 3/116 Seagull Avenue | $2,990,000 | $2,900,000 | -3.0% | 3 bed Apartment | |
| 22/38-46 Petrel Avenue | $785,000 | $765,000 | -2.5% | 1 bed Apartment | |
| 21/21-25 Peerless Avenue | $1,025,000 | $999,000 | -2.5% | 2 bed Apartment | |
| 6/2254 Gold Coast Highway | $1,025,000 | $999,000 | -2.5% | 2 bed Apartment | |
| 604/2265 Gold Coast Highway | $4,050,000 | $3,950,000 | -2.5% | 3 bed Apartment | |
| 20/2342-2358 Gold Coast Highway | $829,000 | $810,000 | -2.3% | 2 bed Apartment | |
| 3/14-26 Markeri Street | $889,000 | $869,000 | -2.2% | 2 bed Apartment | |
| 6/29 Seagull Avenue | $1,175,000 | $1,150,000 | -2.1% | 2 bed Apartment | |
| 69/30 Sportsman Avenue | $836,000 | $820,000 | -1.9% | 2 bed Townhouse | |
| 703/51 Peerless Avenue | $1,299,000 | $1,275,000 | -1.8% | 3 bed Apartment | |
| 1/32-36 Ocean Street | $1,100,000 | $1,090,000 | -0.9% | 2 bed Apartment | |
| 100/2342 Gold Coast Highway | $600,000 | $599,000 | -0.2% | 1 bed Apartment |
Suburb profile
Mermaid Beach market data
Median prices, rents, growth and vacancy for Mermaid Beach.
Sold prices
Recent sales in Mermaid Beach
What buyers actually paid, and how it compared with the asking price.
Australia-wide
All price rises and cuts
The national feed of asking-price changes, filterable by state, type and size of change.
Price drops in Mermaid Beach: common questions
How many properties in Mermaid Beach have had a price drop?
30 listings for sale in Mermaid Beach QLD 4218 are currently advertised below an earlier asking price, 29% of the 105 listings on the market. 23 of those cuts were recorded in the last 30 days and 28 in the last 90.
How much are Mermaid Beach sellers cutting their prices by?
The median cut is 3.7%, or $56K, measured from the previous advertised asking price to the current one on each listing.
How long are Mermaid Beach listings on the market before the price drops?
A median of 60 days from when the listing first appeared to its latest price cut, across 30 listings.
What counts as a price drop here?
A listing that is still for sale and whose current advertised asking price was set by a reduction from its previous asking price. Changes that cannot be confirmed as one advertisement repricing, such as several ads sharing one address, are left out.
Showing at most 30 listings. Asking prices are as advertised; a cut is not a sale price.