Mermaid Beach
Central Gold Coast · QLD 4218
A blue-chip beachfront strip gaining new light rail stations on Stage 3.
AusProp Score
1 active project tracked
6,268 listings within 15km
Major project confirmed
Based on 3 of 5 possible signals — infrastructure, jobs and planning data are always real and sourced. Rental yield and capital growth aren't counted yet for this suburb: its current market figures are illustrative estimates, not an independently sourced snapshot. Guide only, not financial advice.
- Transport — Gold Coast Light Rail Stage 3
Signal summary
Mermaid Beach has 1 active infrastructure project, headlined by Gold Coast Light Rail Stage 3 (under construction). The median house price is around $2.66m, with auction clearance strengthening and days on market falling; gross rental yield is about 2.66%.
Auto-generated draft — refined by AI (Claude) from live data before launch.
Mermaid Beach's timeline
Also proposed, timing not yet confirmed:
- Mixed-Use Development — 272 Dwellings + 88 Short-Term Units
- Glenelg Residences — Light Rail Corridor Tower
- 72-Unit Mixed-Use Development - 2557 Gold Coast Highway
- Large-Scale Mixed-Use Development — 136 Units, Mermaid Beach
- Nobby Beach North Precinct — Mixed-Use MCU Assessment
- Nobby Beach South Precinct — Mixed-Use Rezoning
- Lacey Group proposes 47-apartment midrise near light rail
- Mixed-Use Development — Office + 6 Dwellings
What happened last time: the Gold Coast Light Rail
Mermaid Beach sits on this corridor. Two independent university studies tracked property values near light rail stations from 1996 to 2016. Here's what actually happened — not a projection, a record.
This is historical research on the Gold Coast's existing light rail (Stages 1–2) — not a guarantee any future project repeats it. We show it because it's the most rigorously documented Gold Coast precedent for how transit signals have actually played out here, and it's why AusProp surfaces planning and funding signals rather than waiting for ribbon-cuttings.
Infrastructure timeline
1 active · 1 completedCommercial intelligence
1 signal- Major projectEntertainmentAnnounced· 2027
The Landmark (Aniko Group)
A $2.5 billion mixed-use precinct at Seaview Avenue — Stage One (240 residences, retail/dining, a five-star hotel, gym/Pilates studio and medical suites) was under construction as of mid-2025, expected to complete in 2027. One of Queensland's largest current developments.
Planning & zoning
12 decisions9 major approvals in the pipeline — significant new supply could soften rents short-term before population absorbs it.
- Major projectMajor DA ApprovedProposed· 2022
High-Density Residential Tower — 145 Apartments in Mermaid Beach
Spotted 8 weeks ago
Mermaid Avenue, Mermaid Beach
A Material Change of Use application for a 145-apartment high-density residential development located at 7 Mermaid Avenue, Mermaid Beach.
Investor note
This significant increase in residential density in a premium coastal suburb indicates strong demand for high-end apartment living and potential infrastructure upgrades to support population growth. Investors should monitor this for its influence on local median price points and the changing demographic profile of Mermaid Beach.
Source ↗MCU/2021/461 - Major projectMajor DA ApprovedProposed· 2022
109-Unit Residential Development — Mermaid Beach
Spotted 8 weeks ago
Peerless Avenue, Mermaid Beach
A material change of use application for the development of 109 multiple dwellings at 35-41 Peerless Avenue, Mermaid Beach.
Investor note
This high-density project signals significant developer confidence in the Mermaid Beach precinct's growth potential. A development of this scale typically acts as a catalyst for local amenity improvement and demographic shifts, appealing to investors looking for long-term capital growth in coastal high-density corridors.
Source ↗MCU/2022/295 - Major projectMajor DA ApprovedUnder Appeal· 2026
136-Dwelling Mixed-Use Development — Under Appeal
Spotted 8 weeks ago
Gold Coast Highway corridor, Mermaid Beach
Material Change of Use application for 136 multiple dwellings plus ground-floor retail and food/beverage outlets at 2462-2472 Gold Coast Highway, Mermaid Beach. Currently under appeal, indicating planning determination has been contested.
Investor note
A 136-unit residential development on the Gold Coast Highway corridor signals sustained medium-density infill in an established beachside precinct. The appeal status suggests either developer confidence or council resistance — either way, the outcome will clarify planning intent for this high-visibility corridor location. Retail and hospitality components indicate commercial activation and rental demand.
Source ↗MCU/2024/201 - Major projectMajor DA ApprovedProposed
Mixed-Use Development — 272 Dwellings + 88 Short-Term Units
Spotted 8 weeks ago
Gold Coast Highway corridor, Mermaid Beach
Material change of use for a major mixed-use development comprising 272 multiple dwellings, 88 short-term accommodation units, food and drink outlet, and retail shop at 2605 Gold Coast Highway, Mermaid Beach. This represents significant residential and visitor accommodation intensification on a major beachside corridor.
Investor note
This 360-unit development (272 permanent + 88 short-term) signals major densification on the Gold Coast Highway precinct in Mermaid Beach, a high-demand beachside suburb. The inclusion of substantial short-term accommodation indicates investor-focused development targeting tourism and holiday rental markets. Approval would likely trigger broader medium-density zoning and infrastructure investment in the area, benefiting surrounding residential and commercial properties.
Source ↗MCU/2026/106 - Corridor PlanProposed
Glenelg Residences — Light Rail Corridor Tower
Near future Mermaid Beach light rail station
An 11-storey, 96-apartment development application lodged 270m from the future Mermaid Beach light rail station, explicitly citing the Light Rail Stage 3 business case's support for more intense development near stations.
Investor note
An early test case for density uplift near the Broadbeach–Burleigh light rail extension (services expected mid-2026). The city has not locked in a broader corridor-wide zoning/height change, so this remains proposal-stage, not a confirmed policy shift.
- Major DA ApprovedProposed
72-Unit Mixed-Use Development - 2557 Gold Coast Highway
Spotted last week
Gold Coast Highway, Mermaid Beach
A material change of use application for a 72-unit residential development integrated with food, drink, shop, and office components.
Investor note
This development indicates continued high-density infill growth along the Gold Coast Highway corridor. The inclusion of commercial and retail space suggests a move towards a more walkable, amenity-rich precinct, likely increasing long-term rental demand for the Mermaid Beach area.
Source ↗MCU/2026/354 - Major DA ApprovedProposed
Large-Scale Mixed-Use Development — 136 Units, Mermaid Beach
Spotted 2 weeks ago
Seabeach Avenue, Mermaid Beach
A Material Change of Use application for a significant mixed-use development comprising 68 long-term multiple dwellings and 68 short-term accommodation units, plus office space at 36 Seabeach Avenue.
Investor note
This project represents a major increase in local density and transient visitor capacity in a prime Gold Coast coastal suburb. The integration of long-term housing and short-term accommodation suggests a strategy to capture both local residential demand and the high-volume tourism market, potentially putting upward pressure on local amenity and future infrastructure development.
Source ↗MCU/2026/345 - Major DA ApprovedProposed· 2025
Mixed-Use Residential and Commercial Development — Mermaid Beach
Spotted 8 weeks ago
Gold Coast Highway, Mermaid Beach
A combined application for a 80-unit multiple dwelling development along with shop, food and drink outlet, and office space at 2375 Gold Coast Highway.
Investor note
This project represents a significant densification of the Gold Coast Highway corridor, catering to the growing demand for urban apartment living near the beach. The inclusion of commercial and retail components suggests a shift toward a more amenity-rich, transit-oriented precinct that supports property capital growth in Mermaid Beach.
Source ↗COM/2025/130 - Priority Dev AreaProposed
Nobby Beach North Precinct — Mixed-Use MCU Assessment
Spotted 8 weeks ago
Nobby Beach North Precinct, Mermaid Beach
Material Change of Use assessment for the Nobby Beach North Precinct, authorizing a broad mix of uses including retail, food & beverage, health care, indoor recreation, office, and service industry across 19 Lavarack Road. This signals precinct-scale mixed-use activation rather than single-purpose development.
Investor note
The breadth of permitted uses (8+ categories) suggests a significant mixed-use precinct transformation targeting both visitors and residents. Approval of health care, hospitality, and indoor recreation uses together indicates Gold Coast Council is developing Nobby Beach as a lifestyle/tourism-retail destination. This drives investment in nearby residential and hospitality properties.
Source ↗MCU/2020/311 - RezoningProposed
Nobby Beach South Precinct — Mixed-Use Rezoning
Spotted 8 weeks ago
Nobby Beach (South Precinct), Gold Coast Highway corridor
Material Change of Use for Nobby Beach–South Precinct enabling multiple commercial and service uses including retail, food & drink, health care, indoor recreation, office, and veterinary services across a precinct-scale site on Gold Coast Highway.
Investor note
This is a precinct-level rezoning unlocking diverse mixed-use development on a major arterial corridor. The inclusion of health care, recreation, retail and hospitality signals a shift toward activated, higher-density mixed-use precinct. Investors should watch for residential or tourism accommodation DAs following this planning approval, as the precinct becomes attractive for mixed-use towers and apartment development.
Source ↗MCU/2020/312 - Major DA ApprovedProposed
Lacey Group proposes 47-apartment midrise near light rail
Lacey Group has filed plans for a seven-storey, mixed-use development with 47 apartments above retail and dining space at the corner of Gold Coast Highway and Sunbrite Avenue, 250m from the Mermaid Beach light rail station.
Investor note
This transit-oriented project capitalizes on imminent light rail Stage 3 opening. The 2,044sqm site will feature ground-floor retail and dining, positioning the developer to capture light rail corridor activation benefits.
- Major DA ApprovedProposed
Mixed-Use Development — Office + 6 Dwellings
Mermaid Beach, Gold Coast Highway corridor
Material Change of Use application for a Code Assessment Office and 6 residential dwelling units at a beachfront location on Gold Coast Highway. This represents densification and mixed-use development on a significant highway corridor.
Investor note
Signals intensification of Mermaid Beach beachfront precinct along major transport corridor. Mixed-use residential + commercial development indicates council appetite for higher-density mixed-use in this premium beach locality. Approval would demonstrate value uplift potential for nearby properties and confirm trend toward multi-unit residential on Gold Coast Highway.
Source ↗MCU/2026/221
Nearby signals
6 within ~7kmUnder Construction · in Broadbeach, ~1.4km away
Announced · in Broadbeach, ~1.4km away
Proposed · in Broadbeach, ~1.4km away
Proposed · in Broadbeach, ~1.4km away
Proposed · in Broadbeach, ~1.4km away
Proposed · in Broadbeach, ~1.4km away
From tracked suburbs within ~7km. Nearby signals are shown for context — they don't count toward this suburb's signal count or AusProp Score.
Local services
46 amenitiesTransport5
Education10
Healthcare8
Retail & Shopping6
Childcare5
Recreation8
Community4
Jobs activity
Source: Adzuna· updated 2026-07-27. Postings within 15km. YoY growth is illustrative — based on suburb growth profile.
Price history
Illustrative sample — live data via Domain API once connected
Market snapshot
* Sample market figures, for layout testing only — live Domain data is wired in before launch. Rent / week is a real figure — source: HTAG Analytics.
For sale now
54 properties currently for sale
View current listings for Mermaid Beach on Domain.
Track Mermaid Beach as it moves
Get an alert the moment new infrastructure is funded or announced here, plus the comparable-suburb finder and full project history.
Data last updated: 2026-06-29. Sources: Transport and Main Roads, the Queensland Government, City of Gold Coast, Gold Coast Health and Domain. Each infrastructure project links to its original government source above.