OFF MARKET

2/7 Orvieto Avenue
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 127m2
Land area: 155m2
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Property Details for 2/7 Orvieto Ave, Mermaid Waters

2/7 Orvieto Ave, Mermaid Waters is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1989. The property has a land size of 155m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1989
Floor Size
127m2
Land Size
155m2
Local Government
Gold Coast City
Lot/Plan
2/BUP9480

Last Listing description (March 2024)

A delightful townhouse in Mermaid Waters with a beautiful expansive open plan kitchen, dining and living areas.

This well kept three bedroom, two bathroom townhouse offers the perfect blend of comfort, convenience and coastal living.

Positioned perfectly in Mermaid Waters on a quiet cul-de-sac it is only walking distance to Pacific Fair, The Star Casino, Broadbeach's Shopping and Dining Precinct and all the best a Gold Coast lifestyle has to offer

Property Features:

? Custom made kitchen and appliances, stone benchtops, tiled splashback and
large bench
? All bedrooms with built in robes and ceiling fans
? Master bedroom, ceiling fan and ensuite
? Beautiful neutral toned hybrid flooring, plantation shutters throughout
? Much desired first floor location with balcony area
* A small communal garden to the rear backs directly on to water.
? Double lock up garage

Property History for 2/7 Orvieto Ave, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$610,000
21 Nov 2021
Listed for Rent
$795/w
04 Feb 2022
  • 23 Feb 2024
    Listed for Rent $900 / week
  • 21 Jan 2022
    Listed for Rent $795 / week
  • 21 Nov 2021
    Sold for $610,000
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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 6,178 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

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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.