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Mermaid Beach, QLD 4218

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Strong Growth

Median House

$2,425,000

list-price estimate

Median Unit

$1,075,000

market range $950K-$1.4M

Gross Yield (houses)

2.5%

1yr Growth (houses)

+7.7%

market range +2.5% to +20.0%

Investment snapshot for Mermaid Beach

Mermaid Beach has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Mermaid Beach market and investor summary

In Mermaid Beach, QLD 4218, houses show a gross rental yield of 2.5%. House prices have moved +7.7% over the past year. At 2.1% vacancy, it is a broadly balanced rental market.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.5% will not cover holding costs in the early years, so the case leans on price appreciation. If you are weighing units rather than houses, a pipeline of new approvals is worth watching as future supply that can hold back apartment price and rent growth.

Living in Mermaid Beach: people, income and schools

About 7,329 people live in Mermaid Beach, and the area has been growing steadily, up about 12% over five years. The median age is 35, broadly working-age, and families account for 58% of households.

Households here earn a median of about $99,000 a year, or roughly $1,900 a week. On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). Incomes have risen about 22% over five years, which tends to underpin what local buyers can pay.

There are 12 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 76 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 59 for walkability and 15 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).

Population
7,329
+12% over 5yr
Median age
35 years
Median household income
$99,000/yr
Households renting
47%
Family households
58%
Socio-economic rank
8/10
ABS advantage index
Schools within 5km
12
avg ICSEA 1054
Unemployment
2.5%
Distance to CBD
76 km
Walk score
59/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Mermaid Beach

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Frequently asked questions about Mermaid Beach

What should I check before investing in Mermaid Beach?

Mermaid Beach has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +7.7% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Mermaid Beach?

The median property price in Mermaid Beach, QLD 4218 is $1.1M for units.

What rental yield does Mermaid Beach show?

The gross rental yield in Mermaid Beach is 2.5% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Mermaid Beach?

House prices in Mermaid Beach are up 7.7% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Mermaid Beach?

The current vacancy rate in Mermaid Beach is 2.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Mermaid Beach?

Mermaid Beach has a population of approximately 7,329 residents, with a median age of 35.

What schools are near Mermaid Beach?

There are 12 schools within roughly 5km of Mermaid Beach. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Mermaid Beach's population growing?

The population of Mermaid Beach has grown about 12% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Mermaid Beach from the CBD?

Mermaid Beach is about 76 km from the CBD.

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