5/20 Peter ParadeMermaid Waters QLD 4218
Property Details for 5/20 Peter Pde, Mermaid Waters
5/20 Peter Pde, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 322m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (November 2017)
Enjoy all that this great location has to offer. Close to schools, funky cafes, Pizzy Park, Miami Marketta, Waterways Shopping Precinct and 5 minutes to the beach. This large 2 bedroom top floor unit sits in a walk-up of only 6 units. The large open plan living/dining/kitchen opens out onto an east facing balcony, making the unit bright and airy. Both bedrooms are large as is the bathroom. At this price this is an ideal project for a first home owner, great buy for an astute investor or an easy flip opportunity.
* East facing balcony
* Large tiles in the living area
* Lock-up car accommodation
* Low Body Corporate fees
* Land size 1041 m2
Investment Information
* Asking price $307,000
* Body Corporate approximately $38 per week
* Rates approximately $1700 per year
* Rent currently $300 per week
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 5/20 Peter Pde, Mermaid Waters, QLD 4218
- 22 Nov 2023Sold for $635,000
- 05 Sep 2017Sold for $295,000
- 24 Aug 2017Listed for Sale $307,000
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0About 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 6,177 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.
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