SOLD
Sold on 18 Jun 2024 for $880,000

20/172 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
Land area: 119m2
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Property Details for 20/172 Barrier Reef Dr, Mermaid Waters

20/172 Barrier Reef Dr, Mermaid Waters is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1987. The property has a land size of 119m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Townhouse sold in Mermaid Waters in the last 12 months.

Building Type
Townhouse
Year Built
1987
Floor Size
100m2
Land Size
119m2
Local Government
Gold Coast City
Lot/Plan
20/GTP1726

Last Listing description (August 2024)

The moment you step inside this stunning renovated open plan two bedroomVilla, you'll feel the comfort and casual elegance it provides.Delivering maximum privacy, this bright, modern architecturally designedhome, featuring high ceilings, provides warm and sunlit areas, boastingthat coastal vibe of peace and tranquility.This home is ready to go! Awash with crisp color tones, with the openliving & dining area flows to the undercover outdoor entertaining space, where you'llbe the king & queen of showcasing the large outdoor space to friends & family will be a delight. This 2-bedroom, 2-storey Villa situated central in Rio Vista PalmsComplex located in the heart of Mermaid Waters, delivers so much morethan a perfect location, Kindergarten & Local Public & Private schools within the school catchment regulations.Features:* Open Plan Spacious Renovated Living and Dining* Two-Storey, master upstairs, complete with ensuite* Carpeted Bedrooms, ceiling fans throughout* Split Air-conditioning through the home, in all rooms* Stunning timber staircase to 2nd level* New flooring, plantation shutters and more* Galley Kitchen with ample storage* Study Nook* Separate Laundry, with direct external access* Automatic electric garage with direct access to the indoors* Outdoor part covered entertaining area, with grass for the pet, plus garden shed* Power available that bar fridge & TV mounted for those football afternoons* Soak up the afternoon sunsets with entertaining family & friends* Security screens throughout, doggy door for the pet (Body Corp application required)* Beautifully renovated to suit the owner who really wants to move in unpack and relax! Rates; Approx $550 p.qtrWater: Approx. $515 p.qtrBody Corp Fees; $28 per weekContact Michelle McRae on 0476 300 688 for more details.

Property History for 20/172 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$880,000
18 Jun 2024
Listed for Rent
$375/w
13 Nov 2019
  • 25 Jun 2024
    Listed for Sale SOLD By Michelle McRae
  • 18 Jun 2024
    Sold for $880,000
  • 20 Apr 2020
    Sold for $412,000
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About Mermaid Waters 4218

The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of total area. The population of Mermaid Waters in 2011 was 11,789 people. By 2016 the population was 12,042 showing a population growth of 2.1% in the area during that time. The predominant age group in Mermaid Waters is 40-49 years. Households in Mermaid Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Waters work in a professional occupation. In 2011, 64.9% of the homes in Mermaid Waters were owner-occupied compared with 66.1% in 2016.

Mermaid Waters has 6,191 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 115.57% increase in median value, while Units have seen a 91.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Waters is $1,870,467 while the median value for Units is $762,224.
  • Houses have a median rent of $1,200 while Units have a median rent of $700.
There are currently 46 properties listed for sale, and 25 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 351 properties were sold in the past 12 months in Mermaid waters.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.