Rent in Mermaid Waters, QLD 4218
Median weekly rent on new leases lodged with the state bond authority, 12 months to June 2026. These are rents tenants signed up to pay, not advertised asking rents.
Figures cover the whole 4218 postcode area, which also includes Broadbeach Waters, Mermaid Beach and Broadbeach.
Median weekly rent
$945/wk
all new leases
New leases
2,467
12 months to June 2026
12-month change
+7.4%
vs previous 12 months
5-year change
+74.3%
median new-lease rent
Mermaid Waters rent summary
In the 12 months to June 2026, 2,467 new leases were lodged with the state bond authority in the 4218 postcode area, at a median of $945 a week. The most common new lease was for 2-bedroom units (1,277 leases, median $815 a week). Houses leased for a median of $1,340 a week against $855 for units. Across all dwellings that is up 7.4% on the previous 12 months. Over five years the median new-lease rent has risen 74.3%.
Median weekly rent on new leases in Mermaid Waters
12 months to June 2026. Median, then the range the middle half of leases fell in where published, then n = number of leases.
| Dwelling | All bedrooms | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Houses | $1,340/wk n = 451 | - | $840/wk n = 27 | $1,155/wk n = 170 | $1,515/wk n = 254 |
| Townhouses | $845/wk n = 159 | - | $745/wk n = 93 | $985/wk n = 66 | - |
| Units | $855/wk n = 1,857 | $690/wk n = 349 | $815/wk n = 1,277 | $1,320/wk n = 231 | - |
| All dwellings | $945/wk n = 2,467 |
How rents on new leases have changed
Median for the 12 months to June 2026 against the same 12 months earlier.
| Segment | Median now | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| All dwellings | $945/wk | +7.4% | +25.8% | +74.3% |
| Houses | $1,340/wk | +13.5% | +24.6% | +63.5% |
| Townhouses | $845/wk | +3.1% | +21.1% | +61.2% |
| Units | $855/wk | +6.6% | +27.3% | +76.3% |
| 2-bedroom units | $815/wk | +5.4% | +19.6% | +68.2% |
| 1-bedroom units | $690/wk | +12.1% | +31.3% | +71.0% |
| 4-bedroom houses | $1,515/wk | +10.7% | +23.6% | +66.3% |
Median rent on new leases over time in Mermaid Waters
2016 to 2026, weekly rent. Periods with fewer than 10 leases are left out.
Suburb profile
Mermaid Waters suburb data
Median prices, rental yield, vacancy and growth for Mermaid Waters.
Sold prices
Recently sold in Mermaid Waters
Actual sale prices and days on market in Mermaid Waters.
Rent changes
Rent rises and cuts
Weekly rent increases and decreases on live rental listings across Australia.
Frequently asked questions about rent in Mermaid Waters
What is the median rent in Mermaid Waters?
In the 12 months to June 2026, the median weekly rent on 2,467 new leases in Mermaid Waters (the 4218 postcode area) was $945 a week.
How much is rent for a 2 bedroom unit in Mermaid Waters?
In the 12 months to June 2026, 1,277 new leases for 2-bedroom units were lodged in the 4218 postcode area, with a median rent of $815 a week.
How much is rent for a 1 bedroom unit in Mermaid Waters?
In the 12 months to June 2026, 349 new leases for 1-bedroom units were lodged in the 4218 postcode area, with a median rent of $690 a week.
How much is rent for a 4 bedroom house in Mermaid Waters?
In the 12 months to June 2026, 254 new leases for 4-bedroom houses were lodged in the 4218 postcode area, with a median rent of $1,515 a week.
Is rent going up in Mermaid Waters?
The median rent on new leases in the 4218 postcode area was up 7.4% in the 12 months to June 2026, compared with the 12 months before.
Where do these Mermaid Waters rent figures come from?
They are rents agreed on new leases lodged with the state bond authority, not advertised asking rents, so they reflect what tenants actually signed up to pay. No addresses are included; figures are published by area.
How these figures are calculated
Rents are from new residential leases lodged with the state bond authority, which publishes them by area each quarter. Where several periods or bedroom counts are combined, each published median is weighted by the number of leases behind it. Any figure based on fewer than 10 leases is not shown. Changes compare one 12-month period with the same period one, three or five years earlier. No addresses are included in this data.