SOLD
Sold on 13 May 2024 for $1,400,000

126 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 111m2
Land area: 600m2
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Property Details for 126 Oceanic Dr, Mermaid Waters

126 Oceanic Dr, Mermaid Waters is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1981. The property has a land size of 600m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Year Built
1981
Floor Size
111m2
Land Size
600m2
Local Government
Gold Coast City
Lot/Plan
342/RP159049

Last Listing description (March 2022)

Auction: Sunday February 6th, 2022 @10am
Location: In rooms, Harcourts Broadbeach|Mermaid Headquarters, 69 Rio Vista Blvd, Broadbeach Waters

A fabulous opportunity to secure a prime position in the heart of Mermaid Waters. First time offered in 26 years this neat & tidy single level home is ideal for the first home buyer, developer or the astute buyer and will be highly contested, so act quickly.

Plenty of options exist to either update, land bank, demolish or transform and add value - the choice is yours.

Surrounded by great company in a tightly held street you are literally minutes from everywhere including Pacific Fair, our amazing beaches, popular schools and the buzz of local café precincts -
you will absolutely love living here!

Our instructions are clear, the estate is being finalized and all prior offers will be considered.

Features include:-
* 3 spacious bedrooms
* 1 bathroom with separate toilet
* Open plan air conditioned living and master bedroom
* Spacious undercover entertaining area
* Land size 600m2
* Double lock up garage
* Room for pool

Mermaid Waters is just 5 minutes from the beach and is bordered by Broadbeach to the north, Mermaid Beach to the east, Miami to the south and Robina to the west.

It is known as a quiet, family residential area comprising the 17ha freshwater Lake Hugh Muntz and a series of lakes and canals winding through the neighbourhood providing recreational activities such as swimming and kayaking. The infrastructure includes shopping at Q Super Centre, Pacific Fair and Robina Town Centre complexes; education at Miami State School, Miami High School, Merrimac High School, All Saints Anglican School, Somerset College, Marymount College and Bond University. Sporting facilities at Pizzey Park include a skate park, swimming complex, Burleigh Bears Leagues Club, Burleigh Soccer Club, Little Athletics and a gymnastics club. All these facilities are within a few minutes drive or use the well appointed bus routes.

Mermaid Waters lets you enjoy all the excitement of the Gold Coast with the theme parks on the Gold Coast corridor only 30 minutes drive north and a choice of 13 international golf courses and additional public courses in the vicinity.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. This website may have filtered the property into a price bracket for website functionality purposes.

Property History for 126 Oceanic Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,400,000
13 May 2024
  • 13 May 2024
    Sold for $1,400,000
  • 06 Feb 2022
    Sold for $1,232,000
  • 11 Jan 2022
    Listed for Sale Auction
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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 6,191 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 115.57% increase in median value, while Units have seen a 91.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Waters is $1,870,467 while the median value for Units is $762,224.
  • Houses have a median rent of $1,200 while Units have a median rent of $700.
There are currently 46 properties listed for sale, and 25 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 351 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.