5 reasons why Mermaid Waters is a Gold Coast property fairy tale

A mermaid is like the unicorn of the sea. A legendary, rare, and truly magical being that’s simply too good to be true. And so, it would seem, that the Gold Coast suburb of Mermaid Waters is aptly named. 

Part of local folklore, Mermaid Waters captures the magic of the Gold Coast, offering a vibrant, family-friendly community on land, and an epic, active lifestyle out on the water.

While the story of this remarkable began thousands of years ago with the Kombumerri people, the residential canal community of Mermaid Waters as we know it took shape over the 70s and 80s to become an icon of the Gold Coast lifestyle.

A seaside fairy tale ever since, Mermaid Waters is once again hot property with a whole new league of fans discovering its rare appeal as a valuable investment or their happily ever after.

That’s why we decided it was high time to go with the tide and offer our very first Mermaid Prize Home. And this stunning $2.3 million coastal entertainer could be yours for as little as $10. Now that’s the stuff of fairy tales.

Five reasons why Mermaid Waters is a property fairy tale:

1 Rare location

Smack bang in the heart of holiday paradise, Mermaid Beach is centred between Surfers Paradise to the north and Burleigh Heads to the south. Best of all, it’s just a mere three kilometres from the beautiful Mermaid Beach – or in other words, it’s a short six-minute drive or 11-minute bike ride to the sand. Come to think of it, you might need one of those surfboard racks for your pushy?

Just over an hour from Brisbane and 30 minutes from Gold Coast airport, this location really stacks up as the perfect holiday home for you or your future guests.

2 Legendary on land

While spectacular white sand beaches, foam topped waves and turquoise ocean are what you’ll find on the postcards, the Gold Coast is also famous for even keeping the land lubbers entertained. 

In terms of modern-day ‘necessities’, the boutiques, restaurants and cafés of Broadbeach – not to mention Pacific Fair Shopping Centre – are all less than 4kms up the road. When you head further afield there’s an endless array of attractions nearby from legendary theme parks to the ancient rainforests of the Gold Coast hinterland.

3 At one with water

Perhaps it’s the canals that the community is built around or the fact that the Coral Sea is just a stone’s throw away, but it’s almost impossible to spend a day in this part of the world without at least 
glimpsing some water if not submersing yourself in it.

Whether you’re a holiday maker, an investor or someone searching for your forever home, being close to the water is always a huge plus. Heck, the word ‘Waters’ is even in the name.

4 Treasure for investors

Like everywhere on the Gold Coast, prices boomed during COVID with property prices in the suburb rising by over half a million. Mermaid Waters has managed to avoid the dip with growth continuing at a not-too-shabby 5.3% over the last 12 months. As of July 2023, the median property price in Mermaid Waters was sitting at $1.69M.¹

Not surprisingly, the market value of our stunning Mermaid Waters Prize Home is above the average at $2.15M. Not bad for a mortgage-free, interest-free investment. Sit tight and enjoy the potential property growth coupled with an estimated rental income of up to $72,800 per annum (that’s $1,400 a week).²

*Rental estimates and property values are derived from third-party appraisals and are subject to fluctuating market conditions. Statements regarding market demand are based on third-party information that pertains to the overall suburb and may vary depending on the specific characteristics of each property.

5 Millionaire magic 

Perhaps the most magical thing of all is that you could write your own Gold Coast property fairy tale for as little as $10. By purchasing a ticket in Endeavour Foundation’s Mermaid Beach Prize Home lottery, you could be looking forward to becoming over $2.3 million dollars richer. Whether you decide to sell, keep the home as an investment, or make it your forever home, it could mark the beginning of a wonderful, stress-free new chapter where you live happily ever after.   

By purchasing tickets in Endeavour Foundation’s Anniversary Prize Home lottery, you’re also helping people with disability to live, learn, work and flourish. 

To explore our Mermaid Beach Prize Home on the Gold Coast in person, you’ll find directions and address details here.

Or if you can’t make it to the Gold Coast, take a virtual holiday now. 

¹ Source: Mermaid Waters House Price Guide, realestate.com.au, August 2023. 

² Furnished (based on estimated rental return Feb 2023).