Gold Coast · 4218
Mermaid Waters, QLD
11.8%/yr capital growth, population +10.0% (5y).
NextSuburb scoreTier C
58Average
Median house
$1.54M
5y growth
11.8%/yr
Gross yield
1.5%
Vacancy
1.2%
Stable but fully pricedHigh confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)11.8%/yr100/100
- Population growth+10.0% (5y)100/100
- Supply tightening-2.0% YoY60/100
- Rental yield1.5%30/100
- Rental demand1.2% vacancy70/100
- Income growth+16.0% (5y)64/100
- Construction pipeline$0.1bn nearby1/100
- Affordabilityabove cap0/100
Why this score
Mermaid Waters scores 58/100 (Average). The two strongest signals: 11.8%/yr capital growth over five years and 10.0% population growth over five years. The standout watch-out: the median is 103% of a typical budget.
Drivers
- Capital growth11.8%/yr
- Population growth+10.0% (5y)
- Tight rentals1.2%
- Income growth+16.0% (5y)
Risks
- At top of budget (103% of cap)
- Thin gross yield (1.5%)
Nearest infrastructure
Gold Coast Light Rail Stage 32.3 km away
Construction · $1.2bn · completion 2025
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three QLD suburbs in the same budget band with the closest NextSuburb scores.
See the full QLD ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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