SOLD
Sold on 11 Jun 2024 for $2,550,000

42 Gretel Drive
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 241m2
Land area: 804m2
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Property Details for 42 Gretel Dr, Mermaid Waters

42 Gretel Dr, Mermaid Waters is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 804m2 and floor size of 241m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
241m2
Land Size
804m2
Local Government
Gold Coast City
Lot/Plan
533/RP136075

Last Listing description (August 2024)

Discover a rare gem in the heart of Mermaid Waters! This East-facing home features wide water frontage and breathtaking skyline views. Feel right at home in this well-maintained, single-level residence.

Enjoy the ultimate Gold Coast lifestyle with easy access to all amenities. This property offers:

Property Features:

6 MONTH LEASE
Unfurnished
4 bedrooms, 2 bathrooms, and a spacious multipurpose room
A modern kitchen with separate dining and living areas
A large, private, fenced-in ground pool
Well-maintained gardens and yard
Double lock-up garage and double carport
Waterfront covered entertaining area
20 meters of water frontage with a pontoon

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Property History for 42 Gretel Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$2,550,000
11 Jun 2024
Listed for Rent
$1.30k/w
26 Aug 2024
  • 30 Jul 2024
    Listed for Rent $1,300 / week
  • 11 Jun 2024
    Sold for $2,550,000
  • 04 Feb 2011
    Sold for $785,000
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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 6,179 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.