Mermaid Waters property insights

Research current Mermaid Waters listings with estimated value ranges, comparable sales, confidence scores, and suburb-level market trends before you inspect or make an offer. Signals are indicative, based on available listing and sales data, and are not a formal valuation.

Research this suburb before you inspect

Research Mermaid Waters before you inspect. Compare active listings, estimated value ranges, comparable-sales evidence, and suburb-level trends in one place.

Overall suburb snapshot

Active listings

87

Median asking price

$1,759,000

Median estimated price

$1,933,681

Potential under-market signals

8

Comparable sales analysed

46

Use these Mermaid Waters signals to compare asking prices, shortlist inspections, and identify listings that may need closer research.

See the numbers behind the listings

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Current Mermaid Waters listings to research

Houses

Houses active

59

Median asking price

$2,075,000

Median estimated price

$2,424,675

Typical bedrooms

4

Typical bathrooms

3

Typical land size

742 m²

Townhouses

Townhouses active

3

Median estimated price

$1,009,026

Typical bedrooms

3

Typical bathrooms

2

Units & apartments

Units & apartments active

25

Median asking price

$949,000

Median estimated price

$1,027,641

Typical bedrooms

2

Typical bathrooms

2

Typical car spaces

1

Before you inspect, check the comparable sales

RealistIQ compares listings against available nearby sales and property characteristics to help you judge whether the asking price looks reasonable.

Comparable sales analysed: 46Typical coverage: 1 comparable sale per listingListings with evidence: up to 87
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Current listings in this suburb

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Best house deals in Mermaid Waters

Ranked primarily by RealistIQ deal score so buyers can spot the strongest value signals quickly, with confidence, comparable-sales evidence, and listing completeness used as supporting signals.

42 Barrier Reef Drive, Mermaid Waters

42 Barrier Reef Drive, Mermaid Waters

4 bed · 4 bath · 4 car · 840 m²

Asking: Offers over $3,000,000

RealistIQ price estimate: $4,891,799

Deal score: 88 / 100

Confidence: Low

Signal: Strong

View property insights
17 Fairsky Avenue, Mermaid Waters

17 Fairsky Avenue, Mermaid Waters

5 bed · 3 bath · 4 car · 613 m²

Asking: Offers Over $1,990,000

RealistIQ price estimate: $2,813,754

Deal score: 87 / 100

Confidence: Low

Signal: Strong

View property insights
18 McIlwain Drive, Mermaid Waters

18 McIlwain Drive, Mermaid Waters

4 bed · 3 bath · 3 car · 665 m²

Asking: Offers Above $2,250,000

RealistIQ price estimate: $3,107,728

Deal score: 70 / 100

Confidence: Low

Signal: Potentially under market

View property insights
4 Salacia Avenue, Mermaid Waters

4 Salacia Avenue, Mermaid Waters

3 bed · 2 bath · 3 car · 758 m²

Asking: Offers Over $1,759,000

RealistIQ price estimate: $2,178,891

Deal score: 68 / 100

Confidence: Low

Signal: Potentially under market

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22 Firmin Court, Mermaid Waters

22 Firmin Court, Mermaid Waters

4 bed · 2 bath · 4 car · 614 m²

Asking: offers over $1,699,000

RealistIQ price estimate: $2,241,012

Deal score: 68 / 100

Confidence: Low

Signal: Potentially under market

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4 Peter Blondell Drive, Mermaid Waters

4 Peter Blondell Drive, Mermaid Waters

5 bed · 3 bath · 2 car · 783 m²

Asking: $2,649,000

RealistIQ price estimate: $3,448,127

Deal score: 67 / 100

Confidence: Low

Signal: Potentially under market

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110 Barrier Reef Drive, Mermaid Waters

110 Barrier Reef Drive, Mermaid Waters

6 bed · 3 bath · 2 car · 845 m²

Asking: Offers Over $2,000,000

RealistIQ price estimate: $2,354,918

Deal score: 66 / 100

Confidence: Low

Signal: Potentially under market

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1 Montego Court, Mermaid Waters

1 Montego Court, Mermaid Waters

5 bed · 3 bath · 2 car · 834 m²

Asking: Interest Above $2,395,000

RealistIQ price estimate: $2,759,973

Deal score: 64 / 100

Confidence: Low

Signal: Worth checking

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23 Willis Court, Mermaid Waters

23 Willis Court, Mermaid Waters

4 bed · 2 bath · 4 car · 795 m²

Asking: Offers Over $1,899,000

RealistIQ price estimate: $2,163,293

Deal score: 62 / 100

Confidence: Low

Signal: Worth checking

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110 Sunshine Boulevard, Mermaid Waters

110 Sunshine Boulevard, Mermaid Waters

4 bed · 2 bath · 2 car · 613 m²

Asking: Offers Over $1,729,000

RealistIQ price estimate: $1,896,190

Deal score: 55 / 100

Confidence: Low

Signal: Worth checking

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173 Markeri Street, Mermaid Waters

173 Markeri Street, Mermaid Waters

4 bed · 3 bath · 4 car · 764 m²

Asking: Offers over $2,150,000

RealistIQ price estimate: $2,336,573

Deal score: 52 / 100

Confidence: Low

Signal: Worth checking

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6 Timana Avenue, Mermaid Waters

6 Timana Avenue, Mermaid Waters

3 bed · 2 bath · 4 car · 646 m²

Asking: Offers Over $1,600,000

RealistIQ price estimate: $1,727,043

Deal score: 50 / 100

Confidence: Low

Signal: Worth checking

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Best townhouse deals in Mermaid Waters

Ranked primarily by RealistIQ deal score so buyers can spot the strongest value signals quickly, with confidence, comparable-sales evidence, and listing completeness used as supporting signals.

122/215 Cottesloe Drive, Mermaid Waters

122/215 Cottesloe Drive, Mermaid Waters

3 bed · 2 bath · 1 car

Asking: Offers Over $988,888

RealistIQ price estimate: $1,009,026

Deal score: 26 / 100

Confidence: Low

Signal: Near estimate

View property insights
2/6 Christina Court, Mermaid Waters

2/6 Christina Court, Mermaid Waters

3 bed · 2 bath · 3 car

Asking: Offers Over $1,150,000

RealistIQ price estimate: $1,061,302

Deal score: 14 / 100

Confidence: Low

Signal: Near estimate

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12/9 Jodie Court, Mermaid Waters

12/9 Jodie Court, Mermaid Waters

2 bed · 1 bath · 1 car

Asking: Contact Agent

RealistIQ price estimate: $871,723

Deal score: 10 / 100

Confidence: Medium

Signal: Near estimate

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View all townhouses in Mermaid Waters

Best unit & apartment deals in Mermaid Waters

Ranked primarily by RealistIQ deal score so buyers can spot the strongest value signals quickly, with confidence, comparable-sales evidence, and listing completeness used as supporting signals.

3505/24 The Lanes Boulevard, Mermaid Waters

3505/24 The Lanes Boulevard, Mermaid Waters

2 bed · 2 bath · 1 car

Asking: Offers Over $950,000

RealistIQ price estimate: $1,203,918

Deal score: 86 / 100

Confidence: Low

Signal: Strong

View property insights
16/54 Hooker Boulevard, Mermaid Waters

16/54 Hooker Boulevard, Mermaid Waters

2 bed · 2 bath · 1 car

Asking: OFFERS OVER $990,000

RealistIQ price estimate: $1,116,008

Deal score: 62 / 100

Confidence: Low

Signal: Worth checking

View property insights
23/56 Hooker Boulevard, Mermaid Waters

23/56 Hooker Boulevard, Mermaid Waters

2 bed · 2 bath · 1 car

Asking: Offers Over $940,000

RealistIQ price estimate: $1,041,237

Deal score: 59 / 100

Confidence: Low

Signal: Worth checking

View property insights
11/54 Hooker Boulevard, Mermaid Waters

11/54 Hooker Boulevard, Mermaid Waters

2 bed · 2 bath · 1 car

Asking: Offers over $949,000

RealistIQ price estimate: $1,038,633

Deal score: 55 / 100

Confidence: Low

Signal: Worth checking

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3/54 Hooker Boulevard, Mermaid Waters

3/54 Hooker Boulevard, Mermaid Waters

2 bed · 2 bath · 1 car

Asking: $949,000

RealistIQ price estimate: $1,020,150

Deal score: 50 / 100

Confidence: Low

Signal: Worth checking

View property insights
13/111 Markeri Street, Mermaid Waters

13/111 Markeri Street, Mermaid Waters

2 bed · 1 bath · 1 car

Asking: Offers Over $799,000

RealistIQ price estimate: $848,575

Deal score: 45 / 100

Confidence: Low

Signal: Worth checking

View property insights
Mermaid Waters

Mermaid Waters

2 bed · 2 bath · 1 car

Asking: For Sale!

RealistIQ price estimate: $1,027,641

Deal score: 44 / 100

Confidence: Low

Signal: Near estimate

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4/40 Oceanic Drive, Mermaid Waters

4/40 Oceanic Drive, Mermaid Waters

2 bed · 1 bath · 1 car

Asking: Offers Over $890,000

RealistIQ price estimate: $894,364

Deal score: 16 / 100

Confidence: Low

Signal: Near estimate

View property insights
146/215 Cottesloe Drive, Mermaid Waters

146/215 Cottesloe Drive, Mermaid Waters

2 bed · 2 bath · 1 car

Asking: Offers over $899,000

RealistIQ price estimate: $767,113

Deal score: 13 / 100

Confidence: Low

Signal: Near estimate

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10/22 Dunlop Court, Mermaid Waters

10/22 Dunlop Court, Mermaid Waters

2 bed · 2 bath · 1 car

Asking: Offers over $1,099,000

RealistIQ price estimate: $1,069,530

Deal score: 13 / 100

Confidence: Low

Signal: Near estimate

View property insights
4/10 Aquila Court, Mermaid Waters

4/10 Aquila Court, Mermaid Waters

2 bed · 1 bath · 2 car

Asking: $989,000

RealistIQ price estimate: $868,477

Deal score: 13 / 100

Confidence: Low

Signal: Near estimate

View property insights
5/48 Bordeaux Parade, Mermaid Waters

5/48 Bordeaux Parade, Mermaid Waters

2 bed · 2 bath · 1 car

Asking: Interest Above $995,000

RealistIQ price estimate: $961,316

Deal score: 13 / 100

Confidence: Low

Signal: Near estimate

View property insights
View all units & apartments in Mermaid Waters

See the numbers behind the listing

Create a free RealistIQ account to access property value signals, comparable sales, suburb trends, and research tools before you inspect or make an offer.

Access property insights

Comparable sales in Mermaid Waters

Before you inspect, check what similar properties actually sold for.

Comparable-sales coverage varies by listing. Some properties have stronger recent-sales evidence than others, so check each listing's confidence and comparable-sales detail before relying on the signal.

Comparable sales analysed: 46Typical coverage: 1 comparable sale per listingListings with evidence: up to 87
Create a free account to view full comparable sales

Suburb trend notes

Median values can move as the mix of properties listed changes. Estimates shown here are research signals, not formal valuations, and should be reviewed alongside property condition, renovation quality, flood exposure, street position, and professional advice.

Last suburb data refresh: 2026-08-04.

How to use this page

Use this page to shortlist properties, compare asking prices against recent sales, and identify listings that may deserve closer inspection. RealistIQ estimates are designed as research signals, not formal valuations.

  1. Compare the asking price with the RealistIQ estimate range.
  2. Check confidence and comparable sales coverage.
  3. Inspect the property and confirm condition, flood risk, renovation quality, and street-level factors.

Mermaid Waters property research FAQ

How can I research property prices in Mermaid Waters?

Use RealistIQ to compare active listings, estimated value ranges, comparable sales, and suburb-level market signals. These are research signals, not formal valuations.

Does RealistIQ show comparable sales in Mermaid Waters?

Where data is available, RealistIQ highlights comparable-sales evidence for listings in Mermaid Waters. Coverage varies by property and should be checked listing by listing.

Are RealistIQ estimates formal valuations?

No. RealistIQ estimates are indicative research signals based on available listing and sales data. They are not a substitute for a licensed valuation or financial advice.

How should I use this page before inspecting a property?

Use the suburb snapshot, listing signals, comparable-sales evidence, and confidence indicators to shortlist properties that deserve closer inspection and further due diligence.

More Mermaid Waters property research