Mortgage Broker Mermaid Beach | Buy property in Mermaid Beach with experienced mortgage brokers
Mermaid Beach is a great Gold Coast community to buy property
When purchasing property in Mermaid Beach, located in the Gold Coast's southern coastal suburbs, you'll be certain it's a great decision for a number of compelling reasons. Offering a vast stretch of world-class beaches, trendy cafes, exciting nightlife, as well as proximity to excellent schools and commuter hubs, Mermaid Beach is the perfect spot to settle for so many different lifestyles.
What is it like to live in Mermaid Beach?
Mermaid beach is just as much a paradise for both those who settle there, as well as the many holiday-makers who choose it as their getaway go-to. Mermaid Beach is east of the well-connected Gold Coast Highway, between hip and trendy Nobby's beach and the more developed Broadbeach area.
Since Mermaid Beach is a popular holiday destination, those who reside in the suburb have year-round access to the amenities and attractions that tourist flock here to enjoy. With many excellent highly-rated restaurants like Etsu Izakaya and The North Room, the most discerning foodies will be satisfied. More casual, but always impressive evening dining options include the local Mermaid Beach Surf Club, or there's abundant daytime cafes including the health-concious BSKT Cafe and more indulgent Bam Bam Bakehouse, which are sure to please.
Closer to the northern, Broadbeach end of Mermaid Beach, you'll find attractions to keep the whole family entertained, such as Putt Putt Mermaid Beach. For the outdoorsy types, there's no shortage of activities like world-class surfing, well-kept parks and a ocean-side paved walkway that runs the entire length of the suburb and beyond.
Accessing the Gold Coast Light Rail, or G:link, is just north of Mermaid and connected conveniently by regular buses. The "G" also connects you to the translink rail network to Brisbane quickly and easily. Buses also take you to more southern Gold Coast suburbs as well as Gold Coast airport (soon to be linked by the Light Rail over the coming years). Mermaid Beach is just about an hour from Brisbane CBD, so many residents are comfortable with a work commute to Queensland's capital.
Property Prices in Mermaid Beach
The median unit price in Mermaid Beach over the last year has ranged from $2,100,000 for houses to a more affordable $570,000 for units.
In looking to purchase an investment property in Mermaid Beach, know that houses rent out for around $750 per week, with an annual rental yield of 1.9% and Mermaid Beach units rent for around $520 per week with a yield of about 4.7%.
Considering the last five years of sales, the Mermaid Beach area has seen a compound growth rate of around 8.5% for houses and 6.9% for units.
Finance for your Mermaid Beach property purchase
A home loan is often the largest debt we ever take on, so it's smart to make sure you've got the best home finance structure for your Mermaid Beach investment or residential property.
For experienced and professional home loan advice, we are the experts at Mortgage Choice in Broadbeach. Our team has earned over 40 5-star Google and other reviews from satisfied clients who we have been able to assist with their home finance over the years. You know that you can trust our team to give you the very best customer service and home finance results.
Based at our office in Broadbeach at Pacific Fair Shopping Centre, mortgage broker Will Todd and Loan Administrator Anne Smith offer expert home loan, refinance and investment property home loan services. While we're located in Broadbeach, our team of mortgage brokers service the surrounding suburbs including Varsity Lakes and Mermaid Waters areas. 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 Beach Mortgage Broker team today