OFF MARKET

1/8 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 270m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low

High
Save

Property Details for 1/8 Oceanic Dr, Mermaid Waters

1/8 Oceanic Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 270m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1979
Floor Size
69m2
Land Size
270m2
Local Government
Gold Coast City
Lot/Plan
1/BUP3387

Last Listing description (April 2021)

When lifestyle, location and value matter most, you can't go past this centrally located unit. Situated in Casa Anna, a block of only eight apartments, make the most of being right in the heart of the action. With space and flow for easy-care living, a compact kitchen and an airy and welcoming lounge room, it also tempts you to throw open the sliding doors and let the outside in. Savour the salt air and enjoy the breezes from your patio, while a lush green garden with towering palms covers the grounds and makes for a relaxing outlook.

The two bedrooms are spacious, with the master bearing built-in wardrobes for a surprising amount of storage, plus you have access to an internal laundry and one covered car space.

Functional and liveable as is or easily updated to meet your tastes, this unit makes for a wise investment as a holiday bolthole or as an additional income stream on the rental market. It's also exceptionally convenient - leave your car at home and become a regular at Miami Marketta or enjoy the local cafes within walking distance, along with dog parks, sporting amenities and more. Fancy a match of tennis? You're just a 7-minute walk to the courts. If beaching is where your heart lies, you're spoilt for choice with Miami Beach, Nobby Beach, Mermaid Beach or Broadbeach, and in fact, you're never far from the water here. Don't miss this rare opportunity - call to arrange an inspection today.

• Centrally located unit, for when lifestyle, location and value matter most
• 2 bed, 1 bath and a total floor area approx. 70 sqm
• Large lounge room open to patio with sliding doors
• Interior laundry, bathroom and a separate toilet
• 1 covered car space
• Surrounded by lush established garden
• Located close to shopping, schools, parks, transportation and recreation
• 100 meters to Miami Primary, bus and Waterways Village shops
• 600 meters to Pizzey Park and Miami Aquatic Centre
• 800 meters to the Miami Tennis Club and Burleigh Bears
• 1.1 km to Nobby Beach, 1.3 km to Miami High and just 1.4km to the vibrant Miami Marketta

Weekly Body Corporate: $50.33 approx.
Sinking Fund Balance: $10,123.87 as at 3 March 2021
Council Rates: $1,851.18 approx. per annum
Permanent Rental Appraisal: $420 - $450 per week

Disclaimer: The above information is accurate to the best of our knowledge; however, we advise that all interested parties make their own enquiries as we will not be held responsible for any variation that may apply to this information. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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

A timeline of how this property has performed in the market
Last Sold
$400,000
08 Apr 2021
  • 08 Apr 2021
    Sold for $400,000
  • 08 Mar 2021
    Listed for Sale SOLD!
  • 06 Dec 1999
    Sold for $84,990
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 6,196 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, 346 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.