This report provides a comprehensive analysis of the property market activity over the past 60 days, with detailed insights across six suburbs in Queensland and New South Wales. The following statistics and observations aim to help you make informed decisions in your property search and investment strategies.
Mermaid Waters QLD 4218
- New Sale Listings: 59
- Average Days on Market: 33.89
- Average Vendor Discount: 0.10%
- Recently Advised Sales: 44
- Recently Withdrawn Listings: 86
- Total Rental Listings: 125
Key Insights:
Mermaid Waters has seen steady activity, with 59 new sale listings and an average time on market of approximately 34 days. The vendor discount is minimal (0.10%), indicating that properties are being sold at close to the asking price, suggesting a balanced market. High rental listings (125) further reflect the suburb’s demand among both buyers and investors.
Mermaid Beach QLD 4218
- New Sale Listings: 59
- Average Days on Market: 37.45
- Average Vendor Discount: -0.71%
- Recently Advised Sales: 35
- Recently Withdrawn Listings: 63
- Total Rental Listings: 152
Key Insights:
With 59 new listings and an average market duration of over 37 days, Mermaid Beach presents a slightly slower pace than Mermaid Waters. The vendor discount of -0.71% suggests buyers may have a small margin for negotiation. With 152 properties available for rent, the suburb offers extensive rental opportunities, making it attractive to investors looking for rental income.
Miami QLD 4220
- New Sale Listings: 40
- Average Days on Market: 39.67
- Average Vendor Discount: -0.76%
- Recently Advised Sales: 21
- Recently Withdrawn Listings: 39
- Total Rental Listings: 76
Key Insights:
Miami is experiencing a longer average days on market at nearly 40 days, with a vendor discount of -0.76%, indicating some room for buyer negotiations. With only 21 recently advised sales, market activity is moderate. The suburb’s rental listing volume (76) remains robust, offering investment potential for those interested in rental properties.
Kingscliff NSW 2487
- New Sale Listings: 78
- Average Days on Market: 33.87
- Average Vendor Discount: 0.54%
- Recently Advised Sales: 42
- Recently Withdrawn Listings: 103
- Total Rental Listings: 76
Key Insights:
Kingscliff has seen the highest number of new sale listings among the suburbs at 78, with properties averaging just under 34 days on market. The vendor discount (0.54%) suggests sellers are achieving slightly above asking prices, reflecting strong demand. This market dynamic, combined with 76 rental listings, makes Kingscliff appealing for both buyers and investors.
Casuarina NSW 2487
- New Sale Listings: 32
- Average Days on Market: 38.33
- Average Vendor Discount: -1.46%
- Recently Advised Sales: 14
- Recently Withdrawn Listings: 43
- Total Rental Listings: 16
Key Insights:
Casuarina properties are on the market for over 38 days, and the vendor discount is the highest among these suburbs at -1.46%, suggesting that buyers may negotiate more favourable prices. With only 16 rental listings, Casuarina presents limited rental inventory, which could benefit investors aiming for lower vacancy rates.
Cabarita NSW 2137
- New Sale Listings: 10
- Average Days on Market: 35.09
- Average Vendor Discount: -0.33%
- Recently Advised Sales: 4
- Recently Withdrawn Listings: 6
- Total Rental Listings: 5
Key Insights:
Cabarita has the fewest new listings (10) and a moderate vendor discount of -0.33%, indicating a stable market with minor buyer negotiation leverage. The low number of rental listings (5) suggests a tight rental market, which could favour investors seeking to capitalise on strong rental demand.
Summary of November Insights
Across the Gold Coast, different markets reflect different opportunities for prospective buyers. Both Mermaid Waters and Kingscliff show strong market activity with minimal discounting, signalling competitive environments. Casuarina and Cabarita both offer have limited rental stock, making them ideal for investors looking to capitalise. Mermaid Beach and Miami, on the other hand, having higher rental stock, may be more suited to buyers who are looking to buy.
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 Byron Rose at Rose & Jones.
Byron Rose
Rose & Jones
