OFF MARKET

5/56 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 97m2
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Property Details for 5/56 Oceanic Dr, Mermaid Waters

5/56 Oceanic Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 97m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Year Built
1980
Floor Size
69m2
Land Size
97m2
Local Government
Gold Coast City
Lot/Plan
5/BUP4173

Last Listing description (February 2020)

This ready made apartment must be sold, all offers will be presented to the sellers. Enjoying a top floor outlook and convenient setting, with great appeal for those seeking an easy-care first home or investment. Easy stroll to Pizzey Park Sporting Complex, Miami Primary State School, this one won't last so be quick.

* Top floor 2 bedroom 1 bathroom apartment
* Generous open plan layout, air conditioned, light filled

* Easy flow to balcony enjoying the morning sun
* Kitchen with dishwasher and plenty of cupboards
* Both bedrooms with ceiling fans, larger room with built in
* Modern bathroom with laundry facilities
* Small brick building of just 8, carport and small secure storage
* Easy access to Pizzey Park, schools, transport and more
* Currently leased at $376 per week until March 2020
* Great apartment, nothing to do, inspection a must

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 5/56 Oceanic Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$307,000
18 Jan 2020
Listed for Rent
$370/w
03 Jan 2018
  • 18 Jan 2020
    Sold for $307,000
  • 19 Dec 2019
    Listed for Sale AUCTION!
  • 03 Jan 2018
    Listed for Rent - Price not available
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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 6,178 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.