Central Gold Coast · QLD 4218
A blue-chip beachfront strip gaining new light rail stations on Stage 3.
* Sample market figures for layout testing — live Domain data is wired in before launch.
9 major approvals in the pipeline — significant new supply could soften rents short-term before population absorbs it.
The Stage 3 light rail extension delivers new Mermaid Beach and Mermaid Beach South stations, in testing ahead of passenger services in mid-2026.
A Material Change of Use application for a 145-apartment high-density residential development located at 7 Mermaid Avenue, Mermaid Beach.
A material change of use application for the development of 109 multiple dwellings at 35-41 Peerless Avenue, 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.
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.
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.
A material change of use application for a 72-unit residential development integrated with food, drink, shop, and office components.
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.
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.
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.
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.
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.
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.
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.
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%.
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.