SOLD
Sold on 18 Mar 2024 for $600,000

3/3 Orvieto Avenue
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 79m2
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Property Details for 3/3 Orvieto Ave, Mermaid Waters

3/3 Orvieto Ave, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 79m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Mermaid Waters in the last 12 months.

Building Type
Unit
Year Built
1977
Floor Size
85m2
Land Size
79m2
Local Government
Gold Coast City
Lot/Plan
3/GTP217

Property History for 3/3 Orvieto Ave, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$600,000
18 Mar 2024
  • 18 Mar 2024
    Sold for $600,000
  • 18 Oct 1983
    Transferred for $28,000

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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 6,176 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 109.39% increase in median value, while Units have seen a 99.43% increase. As at 30 September 2024:

  • The median value for Houses in Mermaid Waters is $1,872,145 while the median value for Units is $801,533.
  • Houses have a median rent of $1,200 while Units have a median rent of $720.
There are currently 46 properties listed for sale, and 12 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 335 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.