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Sold on 21 Apr 2024 for $1,340,250

1 Concourse Drive
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 250m2
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Property Details for 1 Concourse Dr, Mermaid Waters

1 Concourse Dr, Mermaid Waters is a 4 bedroom, 2 bathroom Villa with 2 parking spaces. The property has a land size of 250m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom Villa sold in Mermaid Waters in the last 12 months.

Building Type
Villa
Land Size
250m2
Local Government
Gold Coast City
Lot/Plan
30/SP287585

Last Listing description (April 2024)

Architecturally designed to celebrate light-filled, low-maintenance living, this residence promises contemporary elegance across two levels. Shining with quality finishes and sleek style, soaring voids accentuate its scale, while full-height windows draw in natural light. An open plan kitchen, living and dining zone emulates this, with oversized sliding doors inviting in sunshine and creating a seamless indoor-outdoor connection. Here, entertain guests beneath a covered alfresco patio or feel the grass under your feet in the fenced backyard. Then, when it's time for rest, retreat to the top floor. Four bedrooms - including an elegant master suite with walk-in robe and ensuite - reside here, complemented by a main bathroom and cosy second living area.

Centrally located in The Lakes Residences, this master-planned community promises convenience. Star Casino and the upscale delights of Pacific Fair beckon in under 2km, with Broadbeach's coastline and vibrant retail and dining precincts within 3km. Q Super Centre, primary and secondary schools, Bond University and public transport are also close, as is accessing the M1, making travel north or south easy. And when you factor in the proximity to the upcoming Lanes Retail Village that will feature a fresh food hall, cafes, restaurants, a health and wellness space, a lakeside community green, an outdoor amphitheatre and more, and it's easy to see why this setting is sought-after. Take the time to inspect and see its appeal first-hand.

Property Overview:
• Contemporary double-storey residence celebrating light-filled, low-maintenance living
• Nestled within the master-planned community, The Lakes Residences
• Shining with quality finishes and sleek style
• Soaring voids accentuate its scale, while full-height windows draw in natural light
• Open plan kitchen, living and dining zone seamlessly connects with the outdoors
• Stainless steel appliances including dishwasher, oven and natural gas cooktop, complete with integrated fridge
• Travertine tiles throughout
• Cosy upstairs living area/study
• Ducted split system air-conditioning
• Oversized master suite with walk-in robe and ensuite
• Three remaining bedrooms with built-robes
• Covered alfresco entertaining patio
• Fenced backyard
• Ground floor includes a powder room and laundry
• Double garage
• Under 2km to Star Casino and Pacific Fair
• Within Broadbeach's coastline and vibrant retail and dining precincts
• Easy M1 access, plus close to Q Super Centre, primary and secondary schools, Bond University
• Ample public transport available
• Lanes Retail Village coming soon to the community, featuring a fresh food hall, eateries, health and wellness amenities and more

Auction Location: Gold Coast Convention & Exhibition Centre
Rental Appraisal: $1,300 - $1,400 per week
Body Corporate: Approx. $38 per week
Sinking Fund: $19,176.70 AS AT 20 MARCH 2024

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 Concourse Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,340,250
21 Apr 2024
  • 21 Apr 2024
    Sold for $1,340,250
  • 28 Mar 2024
    Listed for Sale Auction
  • 28 Sep 2016
    Sold for $830,000

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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 6,192 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 116.61% increase in median value, while Units have seen a 94.88% increase. As at 31 August 2024:

  • The median value for Houses in Mermaid Waters is $1,911,394 while the median value for Units is $782,703.
  • Houses have a median rent of $1,200 while Units have a median rent of $700.
There are currently 48 properties listed for sale, and 19 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 352 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Gypsea Youngsmith
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Ray White Burleigh Group
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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.