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

65

Median asking price

$1,992,500

Median estimated price

$2,105,104

Potential under-market signals

6

Comparable sales analysed

40

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

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

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Current Mermaid Waters listings to research

Houses

Houses active

46

Median asking price

$2,000,000

Median estimated price

$2,397,851

Typical bedrooms

4

Typical bathrooms

3

Typical land size

770 m²

Townhouses

Townhouses active

3

Median estimated price

$1,009,026

Typical bedrooms

3

Typical bathrooms

2

Units & apartments

Units & apartments active

16

Median asking price

$995,000

Median estimated price

$1,146,745

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: 40Typical coverage: 1 comparable sale per listingListings with evidence: up to 65
Create a free account to view full comparable sales

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 $3,150,000

RealistIQ price estimate: $4,779,196

Deal score: 89 / 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: $2,763,969

Deal score: 84 / 100

Confidence: Low

Signal: Strong

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: $2,169,467

Deal score: 68 / 100

Confidence: Low

Signal: Potentially under market

View property insights
4 Peter Blondell Drive, Mermaid Waters

4 Peter Blondell Drive, Mermaid Waters

5 bed · 3 bath · 2 car · 783 m²

Asking: $2,795,000

RealistIQ price estimate: $3,409,758

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: $2,321,240

Deal score: 65 / 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: $2,728,987

Deal score: 62 / 100

Confidence: Low

Signal: Worth checking

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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: $2,728,900

Deal score: 62 / 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: $2,148,128

Deal score: 61 / 100

Confidence: Low

Signal: Worth checking

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18 Wanneroo Court, Mermaid Waters

18 Wanneroo Court, Mermaid Waters

5 bed · 3 bath · 2 car · 770 m²

Asking: $2,200,000+

RealistIQ price estimate: $2,392,288

Deal score: 52 / 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: $2,332,183

Deal score: 51 / 100

Confidence: Low

Signal: Worth checking

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9 Sundowner Court, Mermaid Waters

9 Sundowner Court, Mermaid Waters

5 bed · 3 bath · 3 car · 827 m²

Asking: $2,395,000

RealistIQ price estimate: $2,589,880

Deal score: 50 / 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: $1,858,615

Deal score: 49 / 100

Confidence: Low

Signal: Worth checking

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View all houses in Mermaid Waters

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: $1,227,097

Deal score: 89 / 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: $1,092,580

Deal score: 58 / 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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4701/24 The Lanes Boulevard, Mermaid Waters

4701/24 The Lanes Boulevard, Mermaid Waters

2 bed · 2 bath · 2 car

Asking: Offers Over $1,350,000

RealistIQ price estimate: $1,389,456

Deal score: 29 / 100

Confidence: Low

Signal: Near estimate

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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: $965,610

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: $1,068,976

Deal score: 13 / 100

Confidence: Low

Signal: Near estimate

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3/25 Duet Drive, Mermaid Waters

3/25 Duet Drive, Mermaid Waters

2 bed · 1 bath · 1 car

Asking: Price Adjustment - Offers over $999,000

RealistIQ price estimate: $851,906

Deal score: 13 / 100

Confidence: Low

Signal: Near estimate

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34/54 Hooker Boulevard, Mermaid Waters

34/54 Hooker Boulevard, Mermaid Waters

2 bed · 2 bath · 1 car

Asking: Guide $1,000,000 - $1,100,000

RealistIQ price estimate: $989,870

Deal score: 13 / 100

Confidence: Low

Signal: Near estimate

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4705/24 The Lanes Boulevard, Mermaid Waters

4705/24 The Lanes Boulevard, Mermaid Waters

2 bed · 2 bath · 1 car

Asking: Must be Sold Submit All Offers

RealistIQ price estimate: $1,230,674

Deal score: 6 / 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: Contact Agent

RealistIQ price estimate: $903,121

Deal score: 0 / 100

Confidence: Low

Signal: Near estimate

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4705/24 The Lanes Boulevard, Mermaid Waters

4705/24 The Lanes Boulevard, Mermaid Waters

2 bed · 2 bath · 1 car

Asking: Must be Sold Submit All Offers

RealistIQ price estimate: $1,257,912

Deal score: 0 / 100

Confidence: Low

Signal: Near estimate

View property insights
5/20 Duet Drive, Mermaid Waters

5/20 Duet Drive, Mermaid Waters

2 bed · 1 bath · 1 car

Asking: Great Opportunity! POA

RealistIQ price estimate: $866,812

Deal score: 0 / 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: 40Typical coverage: 1 comparable sale per listingListings with evidence: up to 65
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: 2026-06-20.

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