Mermaid Beach
Suburb profile, market snapshot and recent listings for Mermaid Beach, QLD 4218.
About Mermaid Beach
Welcome to Mermaid Beach
Mermaid Beach sits on the Gold Coast's Golden Mile, a slim strip of prime beachfront real estate wedged between the high-rise glamour of Broadbeach to the north and the leafy waterways of Miami and Mermaid Waters to the south and west. It's about 5km south of Surfers Paradise, close enough to borrow that skyline view but far enough removed to feel distinctly more low-key and residential.
This is a suburb built around the coastline itself — a place of beach houses, boutique apartment blocks and a slow-paced, sand-between-your-toes lifestyle that has increasingly attracted buyers with deep pockets. With a population of just 7,329 and a median age of 35, it draws a mix of long-time locals, young professionals and downsizers who want beach access without the buzz of Surfers or Broadbeach.
Lifestyle & dining
Life in Mermaid Beach revolves around the beach itself, along with a scattering of cafes, restaurants and providores along Hedges Avenue and Gold Coast Highway that have made the suburb something of a food destination in its own right. The dining scene here punches well above its size, with a reputation for quality that pulls visitors in from across the Gold Coast, while the beach — wide, patrolled and usually less crowded than Surfers Paradise or Broadbeach — remains the main drawcard for residents.
It's a suburb suited to people who want their morning swim or coffee walk to feel unhurried, but who still want Broadbeach's restaurants, bars and The Star casino precinct within easy reach for a livelier night out.
Getting around
Mermaid Beach is well served by the G:link light rail, with the Gold Coast Highway corridor connecting residents north to Surfers Paradise and Southport, and south towards Broadbeach South and Burleigh Heads. Buses run along the highway too, making it straightforward to get around without a car, though many households still rely on one for trips inland.
The Pacific Motorway sits a short drive to the west via Mermaid Waters, giving good access up and down the coast, and Gold Coast Airport at Coolangatta is a manageable drive south — handy for the suburb's fly-in weekender crowd as much as full-time residents.
Housing & architecture
The housing stock is a study in contrasts: low-rise beachfront apartment buildings and boutique unit blocks sit alongside architecturally ambitious houses, many of them on the coveted Hedges Avenue strip known locally as 'Millionaires' Row'. Current listings show apartments and units dominate the market at 72%, with houses making up 22%, townhouses 4% and vacant land just 2% — reflecting how tightly held and rare a standalone house block has become this close to the sand.
Newer developments favour clean, coastal-contemporary designs with an emphasis on ocean views and outdoor living, while older beach houses and unit blocks from the 1970s and 80s are gradually being renovated or replaced as land values climb.
The property market
Mermaid Beach's market sits firmly at the premium end of the Gold Coast. The median house price is $4.17 million, following recent growth of 21.4%, underlining just how sought-after its beachfront and near-beach addresses have become. Units and apartments offer a comparatively more accessible entry point at a median of $1.06 million, which helps explain their dominance among current listings.
Renters face a median asking rent of $2,025 a week, a figure that reflects both the suburb's location and its appeal to those wanting a taste of the lifestyle without buying in. Buyers are typically competing for a limited pool of stock, particularly houses, which helps keep upward pressure on prices.
Parks & recreation
Beyond the beach itself, Mermaid Beach benefits from its proximity to the canals and parklands of Mermaid Waters and Clear Island Waters, popular for boating, walking and cycling. The coastal pathway running along the Golden Mile links residents on foot or by bike to Broadbeach's Kurrawa Park and beyond, making it easy to stitch together a beach walk, a swim and a coffee stop in one loop.
For those who like their recreation with a side of shopping and entertainment, Pacific Fair at Broadbeach is only a few minutes away, alongside the dining and nightlife of the Broadbeach precinct.
Schools & families
While Mermaid Beach itself is more unit-heavy than family-suburb in character, it's within easy reach of schooling options in neighbouring Mermaid Waters, Broadbeach and Miami, making it a workable base for families who prioritise beach living. The suburb's median age of 35 suggests a mix of young couples, professionals and established residents rather than a heavy concentration of school-age families, with many choosing the surrounding suburbs of Burleigh Waters or Clear Island Waters when larger family homes and school catchments become the priority.
Market snapshot
Mermaid Beach property market
Median sale price
$4.17m
House · 4 bed
Median rent
$2,025
per week
Gross rental yield
2.5%
annual rent ÷ sale price
Typical price range
Entry
$1.88m
Median
$4.17m
Premium
$11.82m
Days on market
45
Auction clearance
33%
Sold this year
27
Median sold price trend · House 4 bed
Compound growth +9.9% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Mermaid Beach by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Mermaid Beach, QLD 4218.
Population
7,329
residents (2021)
Median age
35
years
Household income
$1,895
median, per week
Median rent
$460
per week
Median mortgage
$1,820
per month
Mortgage / income
22%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Recent results
Recently sold in Mermaid Beach
$1.27m
9/2341 Gold Coast Highway
Sold ~July 2026
$950k
1/2311 Gold Coast Highway
Sold ~July 2026
$960k
301/51 Peerless Avenue
Sold ~July 2026
$8.35m
118 Hedges Avenue
Sold ~July 2026
$12.60m
241 Hedges Avenue
Sold ~July 2026
$1.25m
15/9 Francis Street
Sold ~July 2026
$1.05m
1/40-44 Ventura Road
Sold ~July 2026
$1.32m
406/7-9 Mermaid Avenue
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Mermaid Beach
Compare the area
Price map around Mermaid Beach
Every listing for sale near Mermaid Beach, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Common questions
Mermaid Beach suburb FAQ
What is the median property price in Mermaid Beach?
The median unit price in Mermaid Beach, QLD is $1.06m for a 2-bedroom home. Over the past year, median sold prices have risen about 19.2%.
How much is rent in Mermaid Beach?
The median weekly rent in Mermaid Beach is around $850 per week.
Is Mermaid Beach a good place to live?
Mermaid Beach is a coastal suburb of the City of Gold Coast in Queensland, Australia. Mermaid Beach is an established residential suburb in QLD, with a population of around 7,329.
What is the population of Mermaid Beach?
Mermaid Beach has a population of 7,329 (ABS 2021 Census), with a median age of 35.
How long do homes take to sell in Mermaid Beach?
Properties in Mermaid Beach take around 21 days to sell on average, with an auction clearance rate of about 42%.
How much do you need to buy in Mermaid Beach?
Entry-level properties in Mermaid Beach start around $752k, while premium homes reach $1.91m.
What suburbs are near Mermaid Beach?
Suburbs near Mermaid Beach include Mermaid Waters, Miami, Broadbeach, Clear Island Waters and Burleigh Waters.
Fresh to market
New this week in Mermaid Beach
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