OFF MARKET

43 Sovereign Drive
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 165m2
Land area: 611m2
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Property Details for 43 Sovereign Dr, Mermaid Waters

43 Sovereign 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 611m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1980
Floor Size
165m2
Land Size
611m2
Local Government
Gold Coast City
Lot/Plan
604/RP138413

Last Listing description (June 2023)

Positioned on one of the most sought after and quiet cul de sac streets of Mermaid Waters this low set 4 bedroom family home has overwhelming future potential not only for families but for downsizers, upsizers or the astute opportunistic investor.
The property's potential is endless!

Exceptionally located just 5-minutes from the upscale shopping, dining and entertainment of Pacific Fair, you're also close to the Nobby Beach caf, boutiques, restaurants and beaches. Whatever your vision and needs, you can be sure that this property has all the makings of an elegant modern residence that will be yours to enjoy for many years to come.

Specifications:
Well-presented and modern home in a sought-after leafy setting with the opportunity to move straight in or upgrade to your own tastes.
Positioned on a deep 612sqm land parcel.
4 Generous sized bedrooms and 2 large bathrooms and a oversized living and dining design.
A split system a/c unit, ceiling fans and cooling cross breezes ensure year-round comfort
Two oversized outdoor sheds for ample storage.
Offering a double carport as well as tandem parking for two cars - four car spaces in total
Gourmet kitchen with granite benchtop and splashbacks complete with stainless steel appliances
Oversized outdoor deck design allowing seamless flow between indoor and outdoor entertaining
Equally appealing to developers or to investors who are looking to enhance their portfolios
Only 5-minutes from the Pacific Fair precinct and 4-minutes to the local shopping village
Within easy reach of a selection of schools, sporting facilities and parks, as well as the beach

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. * denotes approximate measurements.

Property History for 43 Sovereign Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,580,000
05 May 2023
  • 12 Jun 2023
    Listed for Sale Offers Over $1,550,000
  • 05 May 2023
    Sold for $1,580,000
  • 24 Apr 2023
    Listed for Sale Offers Over $1,550,000
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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.