Mermaid Beach 4218 Property Market

Mermaid Beach Qld Property Market

Although Australia is home to a lot of coastal suburbs, there is none quite like Mermaid Beach located on the Gold Coast of Queensland. This quaint seaside haven received its name from the cutter HMS Mermaid. The nerdy Brisbane and Tweed rivers were discovered by John Oxley, an explorer who sailed aboard the HMS Mermaid in 1823.

The Kurrawa reserve borders Mermaid beach, which spans over two kilometres and attracts a myriad of beach and ocean enthusiasts all year round. The beach is known for its safe swimming and surfing conditions, which are regulated by the Mermaid Beach Surf Life Saving Club.

Mermaid Beach is bordered by Broadbeach and Miami, which means exciting entertainment hotspots and delectable eateries are never in short supply. Another perk is the wide range of accommodation options for vacation goers that suits all budgets and preferences. This also makes Mermaid Beach prime a vacation hotspot and ideal getaway destination.

Lifestyle

Mermaid Beach is well-known for its sunny beach and is one of the most relaxing stretches of golden coastline in the nearby vicinity. It is popular with surfers, swimmers, and vacationers that want to escape the business of nearby cities. Surfers, in particular, like to frequent the uncrowded break at Heron Avenue and are kept safe thanks to the 16 lifeguard towers that run alongside the beach.

Beach fishing is another great activity to dive into at Mermaid Beach, with the Nerang jetty being the most popular spot for a great catch. Whether you prefer to pop your toes in the water or head out and catch that perfect wave, Mermaid Beach is an ocean lover’s ideal destination.

However, there is much more to this coastal suburb. Nearby, you will also find the iconic Putt Putt Mermaid Beach. Here, the whole family can enjoy three creatively themed 18-hole mini-golf courses. Whether you prefer the tricky Jungle Trail, the motorised obstacles in the Fun Run, or the colourful Waterways course, this is something everyone can enjoy.

When it comes to some wining and dining, Mermaid Beach won’t disappoint. The area has some of the best restaurants, cafes and bars, ranging from exquisite Asain cuisines to modern Australian hangouts – each with its own unique atmosphere and offerings.

Geolocation Factors

Mermaid Beach is located roughly 16km from Gold Coast Airport and 93 from Brisbane Airport, which means travelling in and out of town will be hassle-free.

When it comes to top-notch schooling for the little ones, Mermaid Beach doesn’t harbour any schools in the town itself. But, you can find some terrific schools close by in Broadbeach and Mermaid Waters. There are plenty of primary and secondary schools to choose from including Miami State High School, St Vincent’s Primary School, and Broadbeach State School.

Popular eateries in the area include Bam Bam Bakehouse and Ally Chow, where you can find 5-star Asian cuisine.

If you would like to see what the local shopping scene has to offer, you can pop into the Pacific Fair Shopping Centre or head down to the Oasis Shopping Centre. There are also loads of unique cultural establishments to choose from, like the Broadbeach Arts and Crafts Market located just a stone’s throw away from Mermaid Beach.

Recent property sales

*recent sales data from realestate.com.au

Mermaid Beach Statistics

The following data (taken from Property Value) gives an overview of the median sale price

for Mermaid Beach properties.

Houses

Median sale price in the area: $1.5m

Median price change (1yr): 10.18%

Median rent: $605pw

Median gross yield: 2.0%

Units

Median sale price in the area: $480k

Median price change (1yr): 10.34%

Median rent: $460pw

Median gross yield: 5.0%

Demographics of the Area

In 2016, the population census of Mermaid Beach totalled 6,524 people with a predominant age group of 20-29 year-olds. Households are likely to be repaying $1400 – $1799 per month on mortgage repayments.

In 2011, roughly 41% of the residential Mermaid Beach properties were owner-occupied. However, in 2016 there was a slight increase in owner-occupancy in the area, with 43.5% of people owning the homes they lived in.

Buyers Advocate Mermaid Beach

If you are interested in buying Mermaid Beach real estate, you won’t have to look far and wide for an excellent Mermaid Beach buyers agent.

At Savvy Fox, our team of real estate experts is always on standby to help you locate your forever home. Stop dreaming and start buying. Call Savvy Fox today!

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