SOLD
Sold on 19 Jan 2024 for $595,000

13/111 Markeri Street
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 527m2
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Property Details for 13/111 Markeri St, Mermaid Waters

13/111 Markeri St, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 527m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Mermaid Waters in the last 12 months.

Building Type
Unit
Year Built
1982
Floor Size
87m2
Land Size
527m2
Local Government
Gold Coast City
Lot/Plan
13/BUP5255

Last Listing description (April 2024)

Positioned perfectly in "The Sanctuary" on the shores of Lake Intrepid, this tranquil and secure gated complex features two pools, a kiddie pool, jetty, BBQ facilities and access to the canal with a boat ramp.

This apartment is perfect for those who seek a peaceful sanctuary away from the hustle and bustle, with all of the benefits of a central location.

Located on the ground floor, this renovated apartment has so much on offer. Access to the canal, swimming pool, water views across Lake Intrepid and the beautiful lush well maintained gardens.

Features:

Open plan updated kitchen and appliances including oven and dishwasher
Two good sized bedrooms with built-in robes, ceiling fans and air-conditioner in master bedroom
Open plan living and kitchen area overlooking the gardens
Bathroom with shower & laundry combination
Updated flooring and carpets
Outdoor patio area
One covered carport, plus visitors parking
Covered secured storage room
Boat ramp in complex with access to ocean
Jetty in the complex to enjoy fishing and ample amount of grassed areas for kids to play
Solid investment currently rented
Low body corporate fees of approx. $64 per week
Currently tenanted at $590 per week till 29 Oct 2024

Minutes to sandy patrolled beaches at Mermaid Beach, Pacific Fair shopping & dining precinct, trendy cafes & restaurants and transport all at your doorstep.

Property History for 13/111 Markeri St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$595,000
19 Jan 2024
Listed for Rent
13 Oct 2020
  • 16 Feb 2024
    Listed for Sale $595,000
  • 19 Jan 2024
    Sold for $595,000
  • 28 Sep 2020
    Listed for Rent - Price not available
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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 41 properties listed for sale, and 12 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

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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.