Suburb report · QLD 4218
Mermaid Waters
Prepared by the property strategists at Chase Wealth Australia
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Population
14,238
Mermaid Waters suburb profile
Who lives in Mermaid Waters
Mermaid Waters lies 75km from the Brisbane CBD. Mermaid Waters is one of the most populous suburbs in Queensland, with 14,238 residents, more than 92% of the state's suburbs. Among the 528 Queensland suburbs and towns more than 40km from the Brisbane CBD, it ranks 24 by population. At 39, the median age sits in the middle of the Queensland range, older than 49% of suburbs. Against the 528 Queensland suburbs and towns more than 40km from the Brisbane CBD, it is older than 171 and younger than 319.
Income and home ownership
Households earn a median $103,200 a year, higher than 56% of Queensland suburbs. On household income it ranks 165 of 528 Queensland suburbs and towns more than 40km from the Brisbane CBD. Tenure is balanced for Queensland: 70.4% owner-occupied and 29.6% renting. On ownership it ranks 261 of 528 Queensland suburbs and towns more than 40km from the Brisbane CBD.
Household mix
The 2021 Census counted 4,965 occupied private dwellings in Mermaid Waters, one of the larger housing stocks in Queensland. Families with children are the largest household type at 41.9%, ahead of couples without children at 27.7% and people living alone at 24.3%. Among Queensland suburbs and towns more than 40km from the Brisbane CBD, 274 of 526 have a smaller share of families with children than Mermaid Waters. Few Queensland suburbs have more group households: 6.3% of households, ahead of 88% of the state. The 27.7% share of couples without children is typical for Queensland.
Housing supply
Approvals have fallen sharply: 40 new dwellings were approved across the Mermaid Waters statistical area in the year to June 2025, against its 2020 to 2024 average of 118 a year. Supply figures here are for the Mermaid Waters statistical area, home to 14,564 residents in 2025, which closely matches Mermaid Waters. At 2.7 per 1,000 residents of that area, the pipeline sits mid-range for Queensland, above 46% of areas. Over the 6 years to June 2025, annual approvals ranged from 24 in 2024 to 331 in 2020.
Population trend
The population of the Mermaid Waters statistical area grew 9.7% from 2020 to 2025, faster than most of Queensland, against 9.7% for Queensland as a whole. Over those 5 years a typical Queensland statistical area added 6.3%, putting this area 3.4 points ahead. It ranks at the 73rd percentile of Queensland statistical areas for population growth over the period. Year by year, the change ran from 0.9% in 2021 to 2.9% in 2023.
Against its neighbours
Of the nearby suburbs listed below, Varsity Lakes differs most on the owner-occupied share: 55.7% there against 70.4% in Mermaid Waters. Robina matches Mermaid Waters on the median age, at 39. Burleigh Waters, 5km away, has 15,137 residents and a median household income of $101,200.
Location
Demographics
ABS Data by Region to 2025, on ABS Census 2021 suburb baselineHousehold Mix Census 2021
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Reading this report
Every figure in the Mermaid Waters data table is dated at its source. Supply and population change cover the Mermaid Waters statistical area, whose boundary differs from Mermaid Waters's, and our guide to reading a suburb report explains how our buyers agents weigh them.
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This report is market intelligence prepared by Chase Wealth Australia for general information only. Figures are statistical estimates for the suburb, not valuations of any individual property, and do not constitute financial or credit advice. Consider your circumstances and seek professional advice before acting. Demographic figures are sourced from the Australian Bureau of Statistics, Census 2021 (licensed CC BY 4.0) where available.