Home loans in Mermaid Beach, QLD: repayments, costs & broker help

Mermaid Beach is the Gold Coast's most exclusive beachfront suburb — a tightly held strip of premium absolute beachfront and beach-proximity homes commanding Queensland's highest price-per-metre-of-beach-frontage. Where Broadbeach's luxury towers end, Mermaid Beach's low-rise residential lifestyle begins, creating a unique beachfront character coveted by Australia's wealthiest buyers seeking Gold Coast's finest lifestyle. At the current $2.2m median house price, an 80% loan at 6.25% over 30 years is about $10,837 per month.

Mermaid Beach home-loan snapshot

Median house price$2,200,000
Median unit price$1,100,000
Estimated monthly repayment$10,837 at 80% LVR, 6.25%, 30 years
Annual price growth9%
Gross rental yield3%
Typical days on market18

Calculate repayments, stamp duty, LMI and upfront costs for Mermaid Beach, QLD. Request mortgage broker help if you want suitable lender policy, rates and fees compared for your situation.

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