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Mermaid Beach Profile
The size of Mermaid Beach is approximately 1 km?. It has 5 parks covering nearly 11% of the total area.
The population of Mermaid Beach in 1996 was 5,790 people. By 2001 the population was 6,154 showing a population growth of 6% in the area during that time.
The predominant age group in Mermaid Beach is 20 - 29 years.
Households in Mermaid Beach are primarily couples with children and are likely to be repaying between $800.00 - $1000.00 per month on mortgage repayments.
In general, people in Mermaid Beach work in a professional occupation.
In 1996, 29% of the homes in Mermaid Beach were owner-occupied compared with 35% in 2001.
Currently the median sale price of houses in the area is $694,000.
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Number of Unit Sales Per Annum
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1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006
(ytd) |
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161 |
196 |
199 |
312 |
301 |
459 |
605 |
440 |
183 |
276 |
65 |
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Percentage Change in Median Apartment Prices
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Mermaid Beach |
Gold Coast Area |
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Period |
% Change |
% Change |
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2006 |
-8.1% |
3.4% |
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2005 |
13.3% |
7.9% |
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2004 |
14.1% |
18.4% |
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2003 |
7.3% |
22.5% |
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2002 |
25.1% |
16.6% |
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Recent Median Apartment Sale Prices
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Mermaid Beach |
Gold Coast Area |
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Period |
Median Price |
Median Price |
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February 2006 |
$ 342,500 |
$ 310,000 |
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January 2006 |
$ 308,000 |
$ 305,000 |
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December 2005 |
$ 265,000 |
$ 320,000 |
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November 2005 |
$ 408,000 |
$ 380,000 |
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October 2005 |
$ 421,500 |
$ 310,000 |
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September 2005 |
$ 340,000 |
$ 305,000 |
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August 2005 |
$ 315,000 |
$ 300,000 |
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July 2005 |
$ 330,000 |
$ 310,000 |
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June 2005 |
$ 303,000 |
$ 320,000 |
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May 2005 |
$ 418,500 |
$ 315,000 |
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April 2005 |
$ 370,000 |
$ 300,000 |
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March 2005 |
$ 305,000 |
$ 285,500 |
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Rental Market (Quarterly) |
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1 Bedroom Flat |
2 Bedroom Flat |
3 Bedroom Flat |
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Median Rent |
Bonds Lodged |
Median Rent |
Bonds Lodged |
Median Rent |
Bonds Lodged |
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$ 240 |
83 |
$ 245 |
397 |
$ 340 |
37 |
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