OFF MARKET

1/8 Duet Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 96m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 1/8 Duet Dr, Mermaid Waters

1/8 Duet Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 96m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
Unit
Year Built
1981
Floor Size
80m2
Land Size
96m2
Local Government
Gold Coast City
Lot/Plan
1/BUP3723

Last Listing description (February 2014)

Walk to Pacific Fair!
???Torre Molinos??? is a block of 8 apartments set in attractive gardens with a swimming pool. Unit 1 is a spacious, north facing 2 bedroom split level apartment, situated at the end of the block with extra windows and no party wall.
Entry is to a spacious tiled lounge room with high raked ceiling and adjoining dining room. The kitchen is tiled with ample cupboard space and a servery to the dining area.

Both the bedrooms have private balconies and built-in wardrobes. There is a separate tiled bathroom with bath, separate toilet and tiled separate laundry with linen cupboard.
Underneath the apartment is a single lock-up garage with storage area and a separate entry to the apartment.
An investment property in a red hot location not to be missed, just around the corner from Pacific Fair, Draculas and Jupiters Casino. With abundance of amenities nearby and a strong rental demand in the area, this will be a fantastic buy for one lucky investor!
Featuring:
??? 2 bedrooms, both with private balconies
??? Bright & airy tiled living areas
??? Kitchen with servery onto dining area
??? Separate laundry & toilet
??? Private lock up garage
??? Pool in complex
??? Security screens through-out
??? B. Corp - approx. $45 p/wk
??? Rental Expectancy $300-$320 p/wk
Enjoy the proximity to shops, schools, cafes, restaurants, bars and shopping centres.2 mins drive and you???re in the heart of Broadbeach and the lifestyle you deserve.
Call for an appointment today.

Property History for 1/8 Duet Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$257,500
28 Jul 2014
Listed for Rent
$295/w
03 Sep 2011
  • 28 Jul 2014
    Sold for $257,500
  • 01 Nov 2013
    Listed for Sale OFFERS ABOVE $250,000 NEG
  • 30 Aug 2011
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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

Market Insights
Mermaid Waters Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mermaid Waters Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.