SOLD
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Sold on 27 Nov 2024 for $828,000

5/2 Dunlop Court
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 5/2 Dunlop Ct, Mermaid Waters

5/2 Dunlop Ct, Mermaid Waters is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Mermaid Waters in the last 12 months.

Building Type
Unit

Last Listing description (November 2024)

Discover a rare opportunity to secure a 2-bedroom, 2-bathroom apartment with lock up garage in a highly convenient location. Positioned in an elevated setting, this property offers stunning north-east waterfront & spectacular city skyline views from the spacious balcony.

Features include:
• 2 bedrooms, 2 bathrooms

• Master bedroom with ensuite & WIR
• Lock-up garage
• Spacious living area with separate dining/ study area
• North/ East first floor balcony with picturesque city and water views
• Conveniently located near shops, schools, and public transport
• All furniture as sited included in sale
• Dishwasher, Microwave, Washing Machine & Dryer all included
• Positioned near parkland and sporting fields within walking distance, Pacific Fair & Q Super Centre is only a 5 min drive away

• Auction in-rooms "Coastal" 16 Queensland Avenue Broadbeach at 11am, Wednesday 27th of November
• Council Rates: $1,300* per half year
• Water Rates: $*302.22 per quarter
• Body Corp: $85* per week
• Deposit: 5%
• Settlement: 45 days

Probate has been granted and the Executors want this property sold. Being offered 'as is' with furniture incorporated, presenting an exciting opportunity for investors, renovators, or first-home buyers.

With endless potential to renovate, rent, or move straight in, this entry-level opportunity will be sold!

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. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 5/2 Dunlop Ct, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$828,000
27 Nov 2024
  • 27 Nov 2024
    Sold for $828,000
  • 30 Oct 2024
    Listed for Sale Auction
  • 21 Jun 1988
    Sold for $125,000

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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 6,196 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 104.12% increase in median value, while Units have seen a 111.56% increase. As at 30 November 2024:

  • The median value for Houses in Mermaid Waters is $1,865,147 while the median value for Units is $835,829.
  • Houses have a median rent of $1,125 while Units have a median rent of $720.
There are currently 30 properties listed for sale, and 13 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 348 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Contact agent
Brooke Henley-Smith
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Andrew Henderson
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COASTAL °
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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.