MERMAID BEACH 4218
State: QLDPosiProp AI Investment Summary
MERMAID BEACH (QLD 4218) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.3% and has experienced a 12-month capital growth of Up 4.9%, with a median house buy price of $3,225,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$930,000
$2,950,000
$3,325,000
$3,225,000
Suburb Market Profile
Last month Mermaid Beach had 104 properties available for rent and 87 properties for sale. Median property prices over the last year range from $3,225,000 for houses to $1,075,000 for units. If you are looking for an investment property, consider houses in Mermaid Beach rent out for $1,400 PW with an annual rental yield of 2.3% and units rent for $850 PW with a rental yield of 4.4%. Mermaid Beach has seen an annual compound growth rate of 4.9% for houses and 15.0% for units.