MERMAID WATERS 4218
State: QLDPosiProp AI Investment Summary
MERMAID WATERS (QLD 4218) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.3% and has experienced a 12-month capital growth of Up 18.2%, with a median house buy price of $2,363,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,360,500
$1,875,000
$2,366,000
$2,363,000
Suburb Market Profile
Last month Mermaid Waters had 72 properties available for rent and 72 properties for sale. Median property prices over the last year range from $2,363,000 for houses to $949,444 for units. If you are looking for an investment property, consider houses in Mermaid Waters rent out for $1,400 PW with an annual rental yield of 3.3% and units rent for $830 PW with a rental yield of 4.6%. Mermaid Waters has seen an annual compound growth rate of 18.2% for houses and 8.5% for units.
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