Active listings
90
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
Median asking price
$1,848,000
Median estimated price
$1,921,963
Potential under-market signals
10
Comparable sales analysed
48
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
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 insightsCurrent Mermaid Waters listings to research
Houses
Houses active
61
Median asking price
$2,000,000
Median estimated price
$2,423,978
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
26
Median asking price
$919,500
Median estimated price
$1,018,827
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: 48Typical coverage: 1 comparable sale per listingListings with evidence: up to 90
Create a free account to view full comparable salesCurrent listings in this suburb
Explore filtered resultsBest 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
4 bed · 4 bath · 4 car · 840 m²
Asking: Offers over $3,000,000
RealistIQ price estimate: $4,776,396
Deal score: 89 / 100
Confidence: Low
Signal: Strong
17 Fairsky Avenue, Mermaid Waters
5 bed · 3 bath · 4 car · 613 m²
Asking: Offers Over $1,990,000
RealistIQ price estimate: $2,793,112
Deal score: 86 / 100
Confidence: Low
Signal: Strong
87 Oceanic Drive, Mermaid Waters
4 bed · 4 bath · 4 car · 600 m²
Asking: Interest Above $1,795,000
RealistIQ price estimate: $2,468,863
Deal score: 81 / 100
Confidence: Low
Signal: Strong
18 McIlwain Drive, Mermaid Waters
4 bed · 3 bath · 3 car · 665 m²
Asking: Offers Above $2,250,000
RealistIQ price estimate: $3,060,694
Deal score: 73 / 100
Confidence: Low
Signal: Potentially under market
155 Markeri Street, Mermaid Waters
4 bed · 1 bath · 2 car · 643 m²
Asking: $1,700,000 plus
RealistIQ price estimate: $2,163,307
Deal score: 68 / 100
Confidence: Low
Signal: Potentially under market
4 Salacia Avenue, Mermaid Waters
3 bed · 2 bath · 3 car · 758 m²
Asking: Offers Over $1,759,000
RealistIQ price estimate: $2,163,016
Deal score: 68 / 100
Confidence: Low
Signal: Potentially under market
4 Peter Blondell Drive, Mermaid Waters
5 bed · 3 bath · 2 car · 783 m²
Asking: $2,649,000
RealistIQ price estimate: $3,389,843
Deal score: 67 / 100
Confidence: Low
Signal: Potentially under market
22 Montego Court, Mermaid Waters
4 bed · 3 bath · 2 car · 858 m²
Asking: $2,950,000
RealistIQ price estimate: $3,479,617
Deal score: 65 / 100
Confidence: Low
Signal: Potentially under market
110 Barrier Reef Drive, Mermaid Waters
6 bed · 3 bath · 2 car · 845 m²
Asking: Offers Over $2,000,000
RealistIQ price estimate: $2,325,616
Deal score: 65 / 100
Confidence: Low
Signal: Potentially under market
1 Montego Court, Mermaid Waters
5 bed · 3 bath · 2 car · 834 m²
Asking: Interest Above $2,395,000
RealistIQ price estimate: $2,766,656
Deal score: 64 / 100
Confidence: Low
Signal: Worth checking
23 Willis Court, Mermaid Waters
4 bed · 2 bath · 4 car · 795 m²
Asking: Offers Over $1,899,000
RealistIQ price estimate: $2,135,014
Deal score: 60 / 100
Confidence: Low
Signal: Worth checking
110 Sunshine Boulevard, Mermaid Waters
4 bed · 2 bath · 2 car · 613 m²
Asking: Offers Over $1,729,000
RealistIQ price estimate: $1,896,011
Deal score: 55 / 100
Confidence: Low
Signal: Worth checking
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
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
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
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
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
2 bed · 2 bath · 1 car
Asking: Offers Over $950,000
RealistIQ price estimate: $1,224,809
Deal score: 90 / 100
Confidence: Low
Signal: Strong
3/54 Hooker Boulevard, Mermaid Waters
2 bed · 2 bath · 1 car
Asking: Offers Over $899,000 Must Be Sold!
RealistIQ price estimate: $1,010,012
Deal score: 62 / 100
Confidence: Low
Signal: Worth checking
16/54 Hooker Boulevard, Mermaid Waters
2 bed · 2 bath · 1 car
Asking: OFFERS OVER $990,000
RealistIQ price estimate: $1,099,006
Deal score: 59 / 100
Confidence: Low
Signal: Worth checking
23/56 Hooker Boulevard, Mermaid Waters
2 bed · 2 bath · 1 car
Asking: Offers Over $940,000
RealistIQ price estimate: $1,033,760
Deal score: 57 / 100
Confidence: Low
Signal: Worth checking
13/111 Markeri Street, Mermaid Waters
2 bed · 1 bath · 1 car
Asking: Offers Over $799,000
RealistIQ price estimate: $858,507
Deal score: 49 / 100
Confidence: Low
Signal: Worth checking
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
17/55 Duet Drive, Mermaid Waters
2 bed · 2 bath · 1 car
Asking: Offers Over $839,000
RealistIQ price estimate: $877,906
Deal score: 38 / 100
Confidence: Low
Signal: Near estimate
4/40 Oceanic Drive, Mermaid Waters
2 bed · 1 bath · 1 car
Asking: Offers Over $890,000
RealistIQ price estimate: $895,552
Deal score: 16 / 100
Confidence: Low
Signal: Near estimate
146/215 Cottesloe Drive, Mermaid Waters
2 bed · 2 bath · 1 car
Asking: Offers over $899,000
RealistIQ price estimate: $772,365
Deal score: 13 / 100
Confidence: Low
Signal: Near estimate
10/22 Dunlop Court, Mermaid Waters
2 bed · 2 bath · 1 car
Asking: Offers over $1,099,000
RealistIQ price estimate: $1,058,485
Deal score: 13 / 100
Confidence: Low
Signal: Near estimate
5/48 Bordeaux Parade, Mermaid Waters
2 bed · 2 bath · 1 car
Asking: Interest Above $995,000
RealistIQ price estimate: $964,085
Deal score: 13 / 100
Confidence: Low
Signal: Near estimate
2/20 Duet Drive, Mermaid Waters
2 bed · 1 bath · 1 car
Asking: Expressions Of Interest
RealistIQ price estimate: $846,899
Deal score: 0 / 100
Confidence: Low
Signal: Near estimate
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 insightsComparable 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: 48Typical coverage: 1 comparable sale per listingListings with evidence: up to 90
Create a free account to view full comparable salesSuburb 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: 2026-08-16.
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.
- Compare the asking price with the RealistIQ estimate range.
- Check confidence and comparable sales coverage.
- 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.