Suburb overview
Mermaid Beach is a coastal suburb in Queensland, Australia, with a population of approximately 7,329, making it a smaller community. Located approximately 76 km from the Brisbane CBD, Mermaid Beach is a coastal area in Queensland. The median household income is $98,540 per year.
Location
Key indicators
Postcode
4218
Postcode for Mermaid Beach, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.
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Population
7,329
Usual resident population at the most recent census.
Median weekly rent
$880/wk
Median weekly rent — as at Mar 2026, Residential Tenancies Authority (Qld) (CC BY 4.0).
Distance to CBD
76 km
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Housing
Median monthly mortgage
$1,820/mo
Monthly median mortgage repayment for households currently paying off a mortgage.
Home type
15% houses
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Why people like living in Mermaid Beach
- Regional location about 76 km from Brisbane.
- High-density unit mix (85% non-house dwellings) — urban, low-maintenance living.
- Beach lifestyle with coastal walks and outdoor recreation on the doorstep.
Who Mermaid Beach suits
Pros and cons
Pros
- Rent sits within an affordable share of local incomes, supporting tenant demand.
- Coastal lifestyle attracts renters and owner-occupiers alike.
- Established infrastructure and existing community base.
Cons
- Long distance to the CBD (76 km) — plan for commute time or local employment.
- Traffic can build during peak hours, especially on arterial roads.
Investment insight
Mermaid Beach's population of 7,329 sits 34% above the Queensland suburb median of 5,474, giving it a wider tenant and buyer catchment than the average QLD locality. Households here earn $98,540/year on average — 9% above the QLD suburb median of $90,298 — a modest premium that supports resilient owner-occupier demand. Median rent of $880/week (as at Mar 2026, Residential Tenancies Authority (Qld)) equates to roughly $3,813/month — about 210% of the $1,820/month median mortgage repayment recorded at the 2021 Census. On those figures rental income covers most or all of the recorded repayment, but repayments on new loans have risen with interest rates since 2021, so re-run the coverage at today's rates before treating this as a cash-flow suburb. Mermaid Beach is 76 km from Brisbane, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 15% of dwellings are separate houses (vs 77% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.
Investment tip
This suburb can suit investors targeting renter demand driven by lifestyle. Insurance, climate risk, and seasonal rental patterns all warrant a close look. At the 2021 Census, local rents consumed roughly 24% of household income — a dated but useful sanity check on tenant affordability.
Mermaid Beach vs Queensland median
How Mermaid Beach stacks up against the median of all Queensland suburbs in our dataset. Positive values mean Mermaid Beach sits above the state median; negative means below.
| Metric | Mermaid Beach | QLD median | Δ vs state |
|---|---|---|---|
| Population | 7,329 | 5,474 | +34% |
| Median household income | $98,540/yr | $90,298/yr | +9% |
| Median rent (weekly, 2021 Census) | $460 | $385 | +19% |
| Median mortgage (monthly, 2021 Census) | $1,820 | $1,733 | +5% |
| Distance to CBD | 76 km | 62 km | +23% |
| Separate houses | 15% | 77% | -62pp |
Investor checklist
Pre-inspection briefing for Mermaid Beach — every item is derived from public datasets, with full citations in our data sources page.
- Market depth: 7,329 residents — 134% of the QLD suburb median (5,474).
- Purchasing power: median household income $98,540/year (+9% vs Queensland suburb median of $90,298).
- Cash-flow coverage (2021 Census): $460/week rent (≈ $1,993/month) covered ~110% of the $1,820/month median mortgage at the 2021 Census — verify against current rents and rates.
- CBD access: 76 km straight-line from Brisbane (state suburb median 62 km).
- Dwelling mix: 15% separate houses — unit-heavy market (vs 77% state median).
- Rate stress-test: budget ~$182/month extra for a 1-percentage-point RBA rate rise on top of the $1,820/month median repayment.
- Tenant rent burden: 24% of the median household income is spent on rent — comfortably affordable.
Investment strategy
Solid buy-and-hold profile: a population of 7,329 and household income close to the QLD median ($98,540 vs $90,298) give the market enough depth for patient capital growth without the premium entry price of inner suburbs.
Strong rental coverage at the 2021 Census: $460/week (~$1,993/month) covered 110% of the $1,820/month median mortgage, a shortfall of just $0/month. Both rents and repayments have moved since 2021 — verify current figures, though this suburb has historically leaned cash-flow-friendly.
Only 15% of dwellings are separate houses (vs 77% QLD median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.
Risk factors
- Interest-rate sensitivity: the $1,820/month median mortgage in Mermaid Beach means a 1-percentage-point RBA rate rise could add roughly $182/month to repayments, reducing buyer borrowing capacity and cooling prices.
- Commute distance: at 76 km from the nearest CBD, Mermaid Beach depends on local employment rather than city-driven commuter demand, which amplifies the market's sensitivity to regional industry slowdowns.
- Strata exposure: only 15% of dwellings in Mermaid Beach are separate houses, so most investment stock is apartments or townhouses subject to body-corporate fees, sinking-fund levies and competing supply from new developments.
- Regulatory risk: changes to Australian tax settings (negative gearing, CGT discount, foreign-buyer surcharges, land-tax thresholds) could reshape after-tax returns in Mermaid Beach regardless of local market conditions.
- Market cycle risk: property markets are cyclical, so stress-test your projections in Mermaid Beach with a 10–15% price pullback scenario before committing capital — returns to date are not a guarantee of future performance.
Run the numbers on a Mermaid Beach property
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Start your journey near Mermaid Beach →2026 outlook
Property values in Mermaid Beach should track the wider Queensland market through 2026, with the $98,540/year median household income (9% above the $90,298 state median) keeping the suburb firmly mid-pack. At the 2021 Census, rental coverage ran at ~110% of the typical mortgage ($1,993/month rent vs $1,820/month repayment), keeping cash flow in positive or near-neutral territory. Verify against current rents and rates. Overall investor sentiment for Mermaid Beach is balanced heading into the second half of 2026, based on its income, rent and mortgage profile relative to the Queensland median.
Frequently asked questions
Is Mermaid Beach a good suburb for investment?
Whether Mermaid Beach suits you depends on your strategy, but the fundamentals are concrete: a population of 7,329, a median household income of $98,540/year and median weekly rent of $460. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.
What drives property demand in Mermaid Beach?
The main demand drivers in Mermaid Beach are an above-state-median household income of $98,540/year, a dwelling mix that is 15% separate houses. Together these shape both owner-occupier and tenant demand.
What is the population of Mermaid Beach?
Mermaid Beach has a usual resident population of approximately 7,329, compared with a Queensland suburb median of 5,474 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
How far is Mermaid Beach from the Brisbane CBD?
Mermaid Beach sits 76 km straight-line from the Brisbane CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.
What is the median rent in Mermaid Beach?
The median weekly rent in Mermaid Beach is $880 (as at Mar 2026, Residential Tenancies Authority (Qld)), equating to approximately $45,760/year in gross rental income. Confirm against current listings on realestate.com.au and Domain before making an offer.
What is the typical mortgage repayment in Mermaid Beach?
The median monthly mortgage repayment in Mermaid Beach is $1,820, or approximately $21,840/year (vs $1,733/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
Is Mermaid Beach cash-flow positive for investors?
A median weekly rent of $460 works out to $1,993/month, covering 110% of the median mortgage repayment of $1,820/month. That means rent exceeds the median repayment by roughly $173/month, so on these numbers Mermaid Beach leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
What are the main risks of investing in Mermaid Beach?
The main risks are interest-rate sensitivity on the $1,820 median mortgage, a unit-heavy dwelling mix (15% houses) where body-corporate costs and apartment supply affect resale, the broader Queensland market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
How we built this Mermaid Beach profile
The population figure on this page comes from the ABS 2021 Census. The postcode comes from a community postcode dataset cross-checked against Australia Post. The dwelling mix is from the ABS 2021 Census. The median household income is the ABS 2021 Census median weekly household income, annualised. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage figures are 2021 figures and are labelled as such wherever they appear — they are five years old and have moved substantially since. The current median weekly rent in Key indicators is a genuine recent figure from Residential Tenancies Authority (Qld) (Mar 2026), published under a Creative Commons licence and dated on the page. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.