OFF MARKET

5/9 Aquila Court
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 75m2
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Last updated 11 Nov 2024
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Property Details for 5/9 Aquila Ct, Mermaid Waters

5/9 Aquila Ct, Mermaid Waters is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 75m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1980
Floor Size
75m2
Land Size
75m2
Local Government
Gold Coast City
Lot/Plan
5/GTP479

Last Listing description (November 2020)

This is the perfect investment opportunity at an absolute entry level price for Mermaid Waters.

For the first home buyers, astute investor or the renovator to make a quick dollar, this is the perfect property to enter the Mermaid Property market which is arguably one of the most consistently high performing beach-side suburbs for property sales in Queensland.


This well maintained neat 2 storey townhouse located and tucked away in this quiet no-through traffic street approx 330m from Pacific Fair you are buying a sought after location within the golden triangle of the Gold Coast that will realise strong capital growth.

1 of 10 townhouses on 1,883m2 (medium density) site means you are sitting on an expensive piece of land. Enter the property through a separate private front gate to your private front courtyard with lockup carport giving the option of second outdoor area off the kitchen.

Walk through the front door into an entry hall with a timber staircase leading to the second level consisting of 2 queen-size bedrooms with built-ins and a good generous size bathroom with separate toilet. With attic stairs to storage from the 2nd bedroom. Open living/dining flowing into private grassed courtyard perfect for maintenance free entertaining or the kids to play safely.

Good size galley kitchen downstairs and separate laundry off the back of the kitchen with enough room for possible downstairs powder room if desired. Plenty of parking on site with a low body corporate of approx $25.00 per week.

The potential to renovate and profit is definitely there for the budding renovator/project managers with a flair and desire to profit. Being right in the heart of the action you will have a lifestyle that will afford you a cheap, carefree and affordable, maintenance free way of life. This equates to a very solid investment whether you renovate and flip for short term profit or set and forget for long term gain.

Walk into Broadbeach to dine out in some of Queensland's most famous restaurants, bars and cafes or wonder over to the beach for an early morning walk/swim/surf in the Pacific Ocean.

Call into Pacific fair to do all the shopping on your way home or just hang-out. Rest assured you will always have something to do and won't need to start the car on the weekends. Easy walk to Light rail if heading up to Surfers or Southport.

So if you think this could be for you then call me today to arrange an inspection before you miss out!

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Property History for 5/9 Aquila Ct, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$430,000
05 Nov 2020
  • 05 Nov 2020
    Sold for $430,000
  • 29 Oct 2020
    Listed for Sale $410,000 PLUS BUYERS
  • 17 Mar 2004
    Sold for $210,000
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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 6,177 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.
There are currently 38 properties listed for sale, and 15 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 341 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.