SOLD
Sold on 21 May 2024 for $635,000

2703/2 The Lanes Boulevard
Mermaid Waters QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 60m2
Land area: 67m2
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Property Details for 2703/2 The Lanes Bvd, Mermaid Waters

2703/2 The Lanes Bvd, Mermaid Waters is a 1 bedroom, 1 bathroom Unit and was built in 2023. The property has a land size of 67m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Mermaid Waters in the last 12 months.

Building Type
Unit
Year Built
2023
Floor Size
60m2
Land Size
67m2
Local Government
Gold Coast City
Lot/Plan
2703/SP316590

Property History for 2703/2 The Lanes Bvd, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$635,000
21 May 2024
  • 21 May 2024
    Sold for $635,000
  • 07 May 2020
    Sold for $495,000

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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 6,191 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.