Is MERMAID WATERS a good suburb for positive geared property investment in Australia?

MERMAID WATERS in QLD currently features property rental yields up to 3.4% with a 12-month capital growth value of Up 19.5%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in MERMAID WATERS 4218?

The median house price in MERMAID WATERS 4218 is approximately $2,360,000 based on the latest tracked market indices.

Investment Spotlight • Australia

MERMAID WATERS 4218

State: QLD

Updated: 5 August 2026

PosiProp AI Investment Summary

MERMAID WATERS (QLD 4218) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.4% and has experienced a 12-month capital growth of Up 19.5%, with a median house buy price of $2,360,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$1,600,000

Down -51.8% 2.3% Yield

3 house • buy

$1,850,000

Up 10.8% 3.4% Yield

4 house • buy

$2,363,000

Up 25.6% 3.6% Yield

all house • buy

$2,360,000

Up 19.5% 3.4% Yield

Suburb Market Profile

Last month Mermaid Waters had 84 properties available for rent and 61 properties for sale. Median property prices over the last year range from $2,360,000 for houses to $940,000 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 3.4% and units rent for $828 PW with a rental yield of 4.6%. Mermaid Waters has seen an annual compound growth rate of 19.5% for houses and 10.3% for units.

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