53 Vatakoula Parade

Within 490 m, these sales ran from $1,725,000 to $5,300,000. Homes at this level sit outside the band our method is built and tested for, so we don't put a figure on this one.

Of the 44 house sales we’ve recorded in Mermaid Waters in the last two years, 35 were at $1,900,000 or more.

When it last sold, the median Mermaid Waters house had sold for $1,807,500 over the previous 12 months (206 sales). Over the 12 months to Q3 2026: $2,355,000 (133 sales).