PropertyEye tracks live listings in Sydney and Brisbane today — open the Brisbane board. These pages are built from published auction results (2021–2026), our price model and weekly clearance data.
Price model — what the model says a typical home here achieves at auction
| Configuration | Model estimate | Range | Comparable sales |
|---|---|---|---|
| 3-bed house | $1.81M | $1.53M–$2.11M | 74 |
| 4-bed house | $2.17M | $1.74M–$2.67M | 74 |
| 5-bed house | $2.43M | $1.94M–$2.98M | 74 |
Modelled from 146,492 Australian auction sales (2021–2026). Brisbane cells run on the base model (suburb prior + configuration + time) without the Sydney-only land/school/transport features — ranges are honest about the wider uncertainty. Estimates from comparable auction results — not valuations or financial advice.
Recent comparable sales — the real auction results behind the estimates
Houses
| Address | Config | Sold | When |
|---|---|---|---|
| 36 Rumrunner St | 4 bd · 3 ba | $3,600,000 | Dec 2025 |
| 26 Bight Ct | 5 bd · 5 ba | $5,300,000 | Nov 2025 |
| 45 Markeri St | 5 bd · 3 ba | $5,000,000 | Nov 2025 |
| 11 Concourse Dr | 4 bd · 2 ba | $1,810,000 | Jul 2025 |
| 47 Barrier Reef Dr | 4 bd · 2 ba | $1,700,000 | Jul 2025 |
| 12 Reef Ct | 3 bd · 2 ba | $2,400,000 | Jun 2025 |
Recent sold auction results in Mermaid Waters from the price model's training set (published Domain results). A sample, not every sale.
What Mermaid Waters actually sold for — published auction results, quarter by quarter
Houses — median sold price by quarter
Latest quarter $5M (3 sales)
Quarterly medians of real published auction results (sold outcomes only). Historical results — not a prediction, valuation or financial advice.
Schools in Mermaid Waters — located in the suburb (ACARA 2025)
In-suburb enrolments 1,765 · 5-year trend -16.2% (declining) — total across the schools below; family demand signal, openings/closures counted
| School | Type | Sector | ICSEA |
|---|---|---|---|
| Merrimac State High School | Secondary | Government | 1029 |
| Miami State School | Primary | Government | 1053 |
Schools whose ADDRESS is in Mermaid Waters — residents are often zoned to schools in neighbouring suburbs too; check the actual zone for any address at EdMap (education.qld.gov.au). ICSEA is the socio-educational advantage of a school's community (national average ~1000) — a demographic measure, not a quality or results score.
Auction market pace — Brisbane weekly clearance
Benchmark series (SQM Research): week to 2026-09-26 — 36.1% of 97 scheduled auctions. Our own tracking (withdrawn counted): week to 2026-09-26 — 30% of 349 scheduled. Lower clearance generally means more room for buyers to negotiate.
Suburb breakdown — trailing 8 weeks, our tracking, withdrawn counted
| Suburb | Clearance | Withdrawn | Auctions |
|---|---|---|---|
| Surfers Paradise | 18% | 18% | 44 |
| Southport | 7% | 33% | 30 |
| Maroochydore | 43% | 4% | 28 |
| Buderim | 39% | 22% | 23 |
| Mermaid Waters | 33% | 14% | 21 |
| Main Beach | 30% | 20% | 20 |
| South Brisbane | 45% | 5% | 20 |
| Broadbeach | 37% | 11% | 19 |
| Broadbeach Waters | 24% | 24% | 17 |
| Calamvale | 0% | 24% | 17 |
Recent auction addresses in Mermaid Waters
Every address links to its own page — published results, price estimate, suburb context.
22 Firmin Ct · 3 Helm Ct · 13/29 Duet Dr · 166 Sunshine Blvd · 4 Avanti St · 10 Australis Ct · 1/27 Avanti St · 5/41 Duet Dr · 12 Toorak Park Av · 6 Hixson Ct · 2102/2 The Lanes Blvd · 25 Peninsula Ct · 4/6 Bacardi Ct · 1/127 Sunshine Blvd · 8 Muresk Ct · 368 Rio Vista Blvd · 5/48 Bordeaux Pde · 110 Sunshine Blvd · 76 Gretel Dr
All figures derive from published auction results and public data — estimates only, not financial advice.