Welcome to the April monthly report from Rose & Jones, where we recap the latest insights from the last 60 days to inform your property search, with detailed insights across six suburbs in Queensland and Northern New South Wales. The following statistics and observations aim to help you make informed decisions in your property search and investment strategies.
Mermaid Beach QLD 4218
- New Sale Listings: 60
- Average Days on Market: 36.13
- Average Vendor Discount: -0.31%
- Recently Advised Sales: 45
- Recently Withdrawn Listings: 74
- Total Rental Listings: 163
Key Insights:
Mermaid Beach remains a sought-after market, with 60 new listings and 45 sales, showing strong buyer demand. Properties are moving within 36 days on average, and the vendor discount of just -0.31% highlights tight negotiation margins. High rental supply (163 listings) supports investor confidence in the area’s rental yield potential.
Mermaid Waters QLD 4218
- New Sale Listings: 72
- Average Days on Market: 30.25
- Average Vendor Discount: -1.88%
- Recently Advised Sales: 50
- Recently Withdrawn Listings: 45
- Total Rental Listings: 115
Key Insights:
Mermaid Waters is moving at an even faster pace, with properties spending just 30 days on the market. The vendor discount of -1.88% suggests buyers have some negotiation room. With 115 rentals on offer, this suburb continues to perform well for both homebuyers and investors seeking stable rental returns.
Miami QLD 4220
- New Sale Listings: 43
- Average Days on Market: 37.77
- Average Vendor Discount: 1.22%
- Recently Advised Sales: 33
- Recently Withdrawn Listings: 62
- Total Rental Listing: 92
Key Insights:
Miami has shown strong transactional flow with 43 new listings and 33 recent sales. Properties are moving relatively swiftly (38 days), and the small vendor premium (1.22%) suggests competitive bidding among buyers. The steady rental stock (92 listings) offers good balance for those targeting this beachside suburb.
Mullumbimby NSW 2482
- New Sale Listings: 24
- Average Days on Market: 49.65
- Average Vendor Discount: -1.74%
- Recently Advised Sales: 10
- Recently Withdrawn Listings: 15
- Total Rental Listings: 13
Key Insights:
Mullumbimby remains a slower and more boutique market, with only 24 new listings and 10 sales. Properties are taking nearly 50 days to sell, and a vendor discount of -1.74% reflects softer buyer negotiations. Rental listings are very limited (13), which bodes well for future rental yield growth.
Ballina NSW 2478
- New Sale Listings: 34
- Average Days on Market: 40.13
- Average Vendor Discount: -0.03%
- Recently Advised Sales: 18
- Recently Withdrawn Listings: 31
- Total Rental Listings: 38
Key Insights:
Ballina shows healthy momentum with 34 new listings and 18 sales. The average days on market is 40, suggesting solid demand, and the negligible vendor discount (-0.03%) indicates pricing stability. A moderate rental pool (38 listings) supports opportunities for investors targeting coastal tenancies.
Lennox Head NSW 2478
- New Sale Listings: 49
- Average Days on Market: 59.07
- Average Vendor Discount: 0.19%
- Recently Advised Sales: 29
- Recently Withdrawn Listings: 21
- Total Rental Listings: 20
Key Insights:
Lennox Head is taking longer to move stock, with an average time on market of nearly 59 days. However, the very low vendor discount (0.19%) shows sellers are remaining firm. With limited rental listings (20), investors could benefit from scarcity-driven rental pricing.
Summary of April Insights
The Northern NSW and Queensland property markets continued to show strong performance throughout April. Suburbs like Mermaid Beach, Mermaid Waters, and Miami are experiencing fast sales and intense rental competition. Meanwhile, Mullumbimby and Lennox Head present niche opportunities for buyers seeking less competitive, more laid-back markets. Ballina is standing out as a well-rounded option, offering a strong balance for both lifestyle buyers and investors.
Whether you’re looking to buy or invest on the Gold Coast, our team of buyer’s agents can help. For help getting started or more detailed information on any of these suburbs, please feel free to reach out to Oliver Dunstan at Rose & Jones.
Oliver Dunstan
Rose & Jones
