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Suburb Insights ยท QLD 4218

Mermaid Waters 4218, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Mermaid Waters is a coastal suburb in Queensland, Australia, with a population of approximately 13,088, making it a smaller community. Located approximately 75 km from the Brisbane CBD, Mermaid Waters is a coastal area in Queensland. The median household income is $91,832 AUD per year (ABS 2021 Census).

Investment Score

59 / 100 Moderate

Above-average earnings in Mermaid Waters support sustained property values. Seaside positioning attracts both owner-occupiers and holiday rental demand.

Location

Map shows Mermaid Waters, Queensland, Australia.

Key Indicators

Postcode
4218

Official Australia Post postcode for Mermaid Waters. A postcode may cover multiple suburbs.

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Population
13,088

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$450/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$91,832/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
75 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
3

Estimated 3 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
5

Estimated 5 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,167/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
55% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Coastal lifestyle is a strong draw for Mermaid Waters, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Queensland consistently attract interstate migration and lifestyle buyers. The median rent of $450/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,167/month. The median household income of $91,832/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

Mermaid Waters offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Mermaid Waters's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

Selective flip opportunities exist in Mermaid Waters for investors with local market knowledge.

Risk Factors

Run the numbers on a Mermaid Waters property

Full Property Analysis

30-year projections for Mermaid Waters

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Property values in Mermaid Waters should hold firm in 2026, with gradual appreciation tied to infrastructure and population trends. The rental market in Mermaid Waters should see steady occupancy, with moderate upward pressure on rents. The market mood around Mermaid Waters is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Mermaid Waters a good suburb for investment?

Mermaid Waters is a coastal area in Queensland with a population of 13,088. The median rent is $450/week and the median household income is $91,832/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Mermaid Waters?

Key demand drivers in Mermaid Waters include lifestyle appeal and proximity to the coast. 55% of dwellings are separate houses. The area has approximately 3 schools and 5 parks nearby.

What is the population of Mermaid Waters?

According to the ABS 2021 Census, Mermaid Waters has a population of approximately 13,088. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Mermaid Waters from the Brisbane CBD?

Mermaid Waters is approximately 75 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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