SOLD
Sold on 08 Mar 2024 for $1,000,000

3/8 Dunlop Court
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 113m2
Land area: 181m2
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Property Details for 3/8 Dunlop Ct, Mermaid Waters

3/8 Dunlop Ct, Mermaid Waters is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 181m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Mermaid Waters in the last 12 months.

Building Type
Unit
Year Built
1981
Floor Size
113m2
Land Size
181m2
Local Government
Gold Coast City
Lot/Plan
3/GTP643

Last Listing description (January 2011)

Attention Investors - $500 A WEEK RENT
The same tenant has been here for 18 years and doesn't want to leave! In fact he wants to sign up a new 12 month lease. This single level, low maintenance unit faces North to wide water, has 3 good size bedrooms and the master has an ensuite.
With only 12 units in the complex and a body corporate of only approximately $26 per week & very close to schools, shops and public transport inspection is a must!

The owner's realistic price and motivation to sell will ensure that this one will be snapped up fast so call today.
To obtain a copy of the Sustainability Declaration please contact the agent direct.
Additional feature - Built-In Wardrobes.

Property History for 3/8 Dunlop Ct, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,000,000
08 Mar 2024
  • 08 Mar 2024
    Sold for $1,000,000
  • 17 Jan 2012
    Sold for $400,000
  • 02 Apr 2011
    Listed for Sale Not Disclosed
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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 6,177 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 38 properties listed for sale, and 15 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 341 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.