SOLD
RECENT ADVICE
Sold on 24 Jun 2024 for $640,000

31/172 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 121m2
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Property Details for 31/172 Barrier Reef Dr, Mermaid Waters

31/172 Barrier Reef Dr, Mermaid Waters is a 1 bedroom, 1 bathroom Villa with 1 parking spaces. The property has a land size of 121m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Villa sold in Mermaid Waters in the last 12 months.

Building Type
Villa
Land Size
121m2
Local Government
Gold Coast City
Lot/Plan
32/GTP1726

Last Listing description (June 2024)

Jump into the Gold Coast's most sought-after beachside suburb! that's just a short walk to Looking for a great investment, or it's your first home, this one's for you! This super clean & tidy one-bedroom Villa, located in Rio Vista Palms Complex, will have you smiling from ear to ear!

Downsizing, Airbnb, whatever your plan, this little beauty, located on Barrier Reef Drive, Mermaid Waters is the perfect find, and will be snapped up FAST!

When you step inside this quaint abode, you will first notice the spacious living, and openness that allows the room to fill with natural light. The open plan living with a very well-equipped spacious kitchen with loads of bench-tops space, including added storage.

Situated at the end of a pathway, of this delightfully quiet complex, known as, Rio Vista Palms, this part furnished property offers the new owner an abundance of reasons to be impressed! The property has a few perks that the others don't! A secure fenced courtyard, with a garden shed and private gate access to Markeri street, for added convenience, when shopping at the Q-store.

The beach is 4 mins away, as is Pacific Fair Shopping Centre, Star Casino and the Light Rail. With Kool Kids Kindergarten & Bus Stop at your doorstep, Miami State School & Merrimac High all walking distance.

Features:
Recently Renovated
Completely private 1 bedroom Villa
King-size spacious bedroom with huge wardrobe
Main bathroom with convenient 2-way access
Open plan living
Crimsafe security screens
Ceiling fans
Air-conditioning throughout
Separate laundry
Separate toilet
Added extra storage.
Private secure side-gate access from garage
Fenced outdoor courtyard.
Attatched LUG with remote
Low Body Corp $35 per week
Pet friendly
Rates: Approx. $460 per quarter
Water: Approx. $400 per quarter
CONTACT AGENT FOR YOUR PRIVATE INSPECTION

Property History for 31/172 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$640,000
24 Jun 2024
Listed for Rent
$280/w
15 Jul 2012
  • 24 Jun 2024
    Sold for $640,000
  • 12 Apr 2024
    Listed for Sale SOLD By Michelle McRae
  • 17 Feb 2022
    Listed for Sale $465,000 - $505,000
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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 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 42 properties listed for sale, and 24 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 355 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Contact agent
Michelle Mcrae
Show contact details
Realty Blue - BURLEIGH HEADS
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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.