Average rent in Mermaid Waters, QLD — 2026

Mermaid Waters commands one of the higher rent points in Queensland, with the typical renter paying $450/week — about 25% above the state median of $359/week (ABS Census 2021). Unlike inner-city renter hubs, this suburb skews owner-occupier (68% own outright or with a mortgage), and the housing stock is overwhelmingly separate houses (59%). The renter cohort is smaller but rent itself tends to be sticky — there's typically less turnover than in higher-density nearby suburbs. Population sits around 13,205, the median age is 40, and the most common occupation category is Professionals. Mermaid Waters is 76km from Brisbane. If you're searching here, expect longer search times and tighter inspection windows than denser markets nearby.