OFF MARKET

1/22-24 Duet Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 114m2
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Last updated 11 Nov 2024
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Property Details for 1/22-24 Duet Dr, Mermaid Waters

1/22-24 Duet Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 114m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1983
Floor Size
70m2
Land Size
114m2
Local Government
Gold Coast City
Lot/Plan
1/BUP5740

Last Listing description (April 2022)

This spacious light filled two-bedroom ground floor apartment in the heart of Mermaid Waters is a must to inspect. This stylish North facing unit is in a small and quiet block of only 12 units. "Family Lodge"

The apartment is situated in a prime position and is walking distance to Pacific Fair shopping Centre, cafes & restaurants, and the beach.
The single lockup garage is also positioned right next to the unit, so no getting caught out in the rain. With brand-new carpet throughout makes this unit easy low maintenance living.

Offering an outstanding value for such a sought-after location, this property is sure to impress. Whether you are an investor looking for a low maintenance, high demand rental in an unbeatable location or a first home buyer looking for unit with all the extras at an affordable price, this one cannot be overlooked!

Features Include:

- 2 bedrooms with built-in wardrobes.
- Air Conditioning
- North Facing.
- Open plan living and dining.
- Good size Kitchen
- Separate bathroom and toilet.
- Security doors and windows.
- Single lockup garage.
- Low maintenance.
- Only 12 in the complex.
- Sought after location.
- Body Corporate approx. $40 per week
- Water Rates approx. $360 per quarter
- Council Rates approx. $810 per half yearly

Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.

Property History for 1/22-24 Duet Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$552,500
22 Mar 2022
  • 22 Mar 2022
    Sold for $552,500
  • 15 Mar 2022
    Listed for Sale Expressions of Interest
  • 15 Feb 2003
    Sold for $175,000
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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 6,178 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 103.10% increase in median value, while Units have seen a 102.32% increase. As at 31 October 2024:

  • The median value for Houses in Mermaid Waters is $1,874,168 while the median value for Units is $814,080.
  • Houses have a median rent of $1,150 while Units have a median rent of $730.
There are currently 42 properties listed for sale, and 13 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 343 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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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.