Mermaid Waters Mortgage Broker | Buy property in Mermaid Waters with experienced mortgage brokers
Purchase a Mermaid Waters property with the help of an expert mortgage broker.
Mermaid Waters is located on the Gold Coast in its southern suburbs. In contrast to it's coastal neighbour, Mermaid Beach, Mermaid Waters enjoys a more tranquil and suburban Gold Coast lifestyle while still being in close proximity to the world-class beaches, cafes and nightlife. Mermaid Waters is an ideal spot, and generally a lot more affordable place, to settle for homebuyers of almost any lifestyle.
What's Mermaid Waters like as a place to live?
Mermaid Waters is named for its many waterways and canals that snake up and down the area's suburban streets. Due to these waterways, many Mermaid Waters homes enjoy not only closeness to the beach, but also proximity to this extensive network of waterways - with many homes located directly on the water, complete with their own jettys and boating possibilities.
The great benefit of purchasing a home or investment in Mermaid Waters is that living in this area provides quiet streets that are safe for the kids to play or for older couples to feel like they're not in the thick of the busy Gold Coast, while still having easy access to it. Shopping in Mermaid Waters, centres around the Q Super Centre on Bermuda Street at its west, offering everything from Bunnings, to Petbarn and all three large supermarkets - Aldi, Woolworths and Coles, as well as speciality stores and a wide range of restaurants. Throughout the suburb, there are many smaller shopping plazas, such as Mermaid Waters Shopping Village, that offer everything you need day to day.
As for dining options, there are some great trendy eating spots like Lucky Bao and Double Barrel Kitchen, nestled in its seemingly suburban plazas.
Being largely suburban, Mermaid Waters is home to schools including Merrimac State High School and Miami State School. It also borders on the suburb of Miami, which houses excellent sporting facilkities including Miami Aquatic Centre, GCS Tennis Club and Pizzey Park.
The Gold Coast Light Rail, or G:link, is accessible just north of Mermaid Waters and connected conveniently by regular buses. This light rail network takes you to the translink rail network up to Brisbane. Buses also take you to southern Gold Coast destinations as well as Gold Coast airport (soon to be linked by the Light Rail over the coming years). Mermaid Waters is only an hour from Brisbane CBD and many residents commute to Queensland's capital.
Property Prices in Mermaid Waters
As of April 2024, median unit prices in Mermaid Waters has ranged over the last year from $1,737,500 for houses to a more affordable $725,000 for units.
If you're seeking out an investment property in Mermaid Waters, it's useful to know that houses rent out for around $1,200 per week, with an annual rental yield of 3.7% and Mermaid Waters units rent for around $690 per week with a yield of about 5.4%.
Looking at the last five years of sales, Mermaid Waters has seen a very respectable compound growth rate of around 5.3% for houses and 8.2% for units in the area as at April 2024.
Mermaid Waters Property finance
Your home loan is often the largest debt you'll ever take on, so it's important to ensure you have the right home loan structure for your Mermaid Waters property.
Professional and experienced home loan experts are who we are, and at Mortgage Choice in Broadbeach, our team has earned over 120 5-star Google and other reviews from satisfied clients we've been able to assist over the years. You can be certain you can trust our team to give you the very best customer service and home lending results.
Based in Broadbeach at our Pacific Fair Shopping Centre office, mortgage broker Will Todd and Loan Administrator Anne Smith offer you expert home loan, refinance and investment property loan services. Though we're located in Broadbeach, our mortgage broker team services the surrounding suburbs including Varsity Lakes, Mermaid Beach and of course the Mermaid Waters area. We also provide our home loan service to all areas of South East Queensland, across Australia and can even help overseas buyers.
Contact the best Mermaid Waters mortgage broker team today
Contact us, your mortgage broker team for Mermaid Waters, for a no-obligation appointment to discuss your options. Call us today on 07 5676 6433 or book an appointment with us directly online.
