SOLD
RECENT ADVICE
Sold on 06 Feb 2024 for $605,000

4/4 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 4/4 Oceanic Dr, Mermaid Waters

4/4 Oceanic Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Mermaid Waters in the last 12 months.

Building Type
Unit
Local Government
Gold Coast City
Lot/Plan
4/BUP5138

Last Listing description (February 2024)

Don't miss your opportunity to own a one of six, entry level apartment located within only minutes to Pacific Fair, local cafes, restaurants and one of Gold Coasts most popular beach. Enjoy the natural light filled apartment, creating a wonderful ambience for a laid-back Gold Coast lifestyle. If you value convenience and low maintenance then this property is the perfect choice for you.

Features:
• 2 bedrooms with ceiling fans and fantastic natural light

• First floor on a quiet block of 6
• Open plan living and dining
• Well-appointed kitchen with abundance of bench space
• Single carport with a tilt-a-door
• Low body corporate fees approx. $88.42 per week
• Rental appraisal $600 per week
• Water approx $1,400 pa, Rates $1,900 pa.
• Close proximity to numerous primary and secondary schools, Bond University, Pacific Fair Shopping Centre, Gold Coast Convention Centre and Jupiter's Casino

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 4/4 Oceanic Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$605,000
06 Feb 2024
Listed for Rent
$325/w
05 Jun 2020
  • 23 Jan 2024
    Sold for $605,000
  • 19 Jan 2024
    Listed for Sale Contact Agent
  • 01 May 2020
    Listed for Rent $325 / week
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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 6,179 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.