October 2026 data · Gold Coast · QLD
Mermaid Waters house prices: median price and growth
- Median house
- $2.40m ▲ +21.5% in 12 months
- Median unit
- $950k ▲ +8.5% in 12 months
The median house price in Mermaid Waters is $2.40m (October 2026), up 21.5% over 12 months. Units have a median of $950k, up 8.5% over 12 months. That puts Mermaid Waters above the typical Gold Coast suburb ($1.54m) and number 4 of the 10 suburbs around it.
Median house price
- $2.25M+
- $2M–$2.25M
- $1.75M–$2M
- $1.5M–$1.75M
- $1.25M–$1.5M
- $1M–$1.25M
- $750K–$1M
- $500K–$750K
- <$500K
Mermaid Waters price changes
| Type | Median | 3 mo | 6 mo | 12 mo |
|---|---|---|---|---|
| House | $2.40m | ▲ +2.5% | ▲ +14.1% | ▲ +21.5% |
| Unit | $950k | ▲ +1.6% | ▲ +3.5% | ▲ +8.5% |
Changes compare the median with three, six and twelve months earlier. A dash means too few sales for a reliable figure. How these figures are worked out.
Mermaid Waters compared with nearby suburbs
Suburbs within about 1 km of Mermaid Waters, dearest house median first. Select a column heading to sort.
| House | Unit | |||||||
|---|---|---|---|---|---|---|---|---|
| Mermaid Beach | $3.06m | ▼ −5.1% | ▼ −10.5% | ▼ −8.5% | $1.07m | ▼ −0.1% | ▲ +8.7% | ▲ +12.4% |
| Broadbeach Waters | $2.69m | ▲ +3.6% | ▲ +3.6% | ▲ +10.1% | $1.10m | ▲ +0.5% | ▲ +0.9% | ▲ +5.9% |
| Bundall | $2.56m | ▲ +7.2% | ▲ +6.7% | ▲ +20.0% | $793k | ▼ −2.6% | ▲ +6.1% | ▲ +14.1% |
| Mermaid Waters | $2.40m | ▲ +2.5% | ▲ +14.1% | ▲ +21.5% | $950k | ▲ +1.6% | ▲ +3.5% | ▲ +8.5% |
| Clear Island Waters | $2.35m | ▼ −4.1% | ▲ +4.0% | ▲ +4.0% | $993k | 0.0% | ▲ +1.0% | ▼ −0.4% |
| Miami | $2.05m | ▲ +4.6% | ▲ +7.9% | ▲ +13.9% | $1.19m | ▲ +2.1% | ▲ +3.5% | ▲ +13.3% |
| Burleigh Waters | $1.91m | ▼ −0.3% | ▲ +0.3% | ▲ +6.8% | $1.00m | ▲ +0.5% | ▲ +4.2% | ▲ +12.5% |
| Robina | $1.43m | ▼ −1.4% | ▼ −2.2% | ▲ +4.3% | $1.02m | ▲ +1.9% | ▲ +8.2% | ▲ +14.7% |
| Varsity Lakes | $1.30m | ▼ −3.4% | ▼ −2.0% | ▲ +8.6% | $933k | ▲ +3.1% | ▲ +8.5% | ▲ +13.8% |
| Broadbeach | $1.11m | ▲ +20.2% | ▼ −31.9% | ▼ −20.3% | $1.10m | ▼ −5.2% | ▼ −0.9% | ▲ +18.3% |
Living in Mermaid Waters
From the 2021 ABS Census: Mermaid Waters against the Gold Coast council area and QLD. Council and state percentages count all their residents; their medians are the middle suburb by population.
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| Figure | Mermaid Waters | Gold Coast (council) | QLD |
|---|---|---|---|
| People | |||
| Population | 13,088 | 625,491 | 5,156,239 |
| Median age | 40 | 40 | 38 |
| Families with children | 🔒 | 🔒 | 🔒 |
| Born overseas | 28.5% | 29.1% | 22.7% |
| Language other than English at home | 🔒 | 🔒 | 🔒 |
| Work and education | |||
| Median household income | $1,766/wk | $1,758/wk | $1,738/wk |
| Median personal income | 🔒 | 🔒 | 🔒 |
| Professionals and managers | 🔒 | 🔒 | 🔒 |
| Unemployment | 🔒 | 🔒 | 🔒 |
| Bachelor degree or higher | 🔒 | 🔒 | 🔒 |
| Completed Year 12 | 🔒 | 🔒 | 🔒 |
| Housing | |||
| Owned outright | 🔒 | 🔒 | 🔒 |
| Owned with a mortgage | 🔒 | 🔒 | 🔒 |
| Rented | 28.8% | 33.8% | 33.1% |
| Separate houses | 🔒 | 🔒 | 🔒 |
| Flats and apartments | 🔒 | 🔒 | 🔒 |
| Median weekly rent | 🔒 | 🔒 | 🔒 |
| Median mortgage repayment | 🔒 | 🔒 | 🔒 |
| Advantage | |||
| SEIFA advantage (IRSAD), Australian decile | 🔒 | 🔒 | 🔒 |
🔒 Age, occupation and ancestry breakdowns for Mermaid Waters, its council and QLD
Source: ABS Census of Population and Housing 2021. More figures, maps and the 2016 Census are in Location Insights.
Common questions
What is the median house price in Mermaid Waters?
The median house price in Mermaid Waters was $2.40m in October 2026, up 21.5% on a year earlier. The typical Gold Coast suburb median was $1.54m.
What is the median unit price in Mermaid Waters?
The median unit price in Mermaid Waters was $950k in October 2026, up 8.5% over 12 months.
Is Mermaid Waters more expensive than nearby suburbs?
Of the 9 neighbouring suburbs with a median house price, 3 are dearer than Mermaid Waters and 6 are cheaper or the same.
Where does this data come from?
Prices come from REA sales data for October 2026, all bedroom counts, refreshed monthly. Medians cover sales over the past 12 months; changes are shown only where at least 10 homes of that type sold.