FOR SALE
$595,000

63/172 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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UNDER OFFER! 1 bedroom Villa with Endless Potential

Nestled in a tranquil setting, this charming villa retains its original character, offering a unique opportunity for renovation enthusiasts.
Upon entry is an oversized open plan living with a functional kitchen ,breakfast bar and dining area. The clever layout incorporates an internal laundry that flows out to the neat paved private courtyard. Another great feature is your own single lock up garage with ease of internal entry to the property.
This villa invites you to either move straight in or restore its former glory while infusing modern comforts. Ideal for those seeking a project, downsizing or adding to an investment portfolio. This property is true gem enjoying a low maintenance lifestyle in the highly sought after pocket of Mermaid Waters.
Features:
• One good size bedroom with built-in robes and ceiling fan
• Air-conditioning unit/ ceiling fan in open plan living and dining area
• Single lock up garage with direct access to the villa and visitors parking
• Low body corporate
• Walk to Q Super Centre and public transport at your doorstep for Pacific Fair Shopping Centre and Robina Town Centre
• Private outdoor enclosed courtyard
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Property Details for 63/172 Barrier Reef Dr, Mermaid Waters

63/172 Barrier Reef Dr, Mermaid Waters is a 1 bedroom, 1 bathroom Villa with 1 parking spaces. The place is currently for sale with COASTAL °.

Building Type
Villa

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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 6,196 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 104.12% increase in median value, while Units have seen a 111.56% increase. As at 30 November 2024:

  • The median value for Houses in Mermaid Waters is $1,865,147 while the median value for Units is $835,829.
  • Houses have a median rent of $1,125 while Units have a median rent of $720.
There are currently 30 properties listed for sale, and 13 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 345 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Brooke Henley-Smith
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Andrew Henderson
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COASTAL °
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Disclaimer
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.