OFF MARKET

5 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 163m2
Land area: 788m2
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Property Details for 5 Barrier Reef Dr, Mermaid Waters

5 Barrier Reef Dr, Mermaid Waters is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 788m2 and floor size of 163m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Year Built
1985
Floor Size
163m2
Land Size
788m2
Local Government
Gold Coast City
Lot/Plan
53/RP183395

Last Listing description (September 2020)

As you enter through the secure front gate you're greeted by a large grassed area, even a tree swing for the kids, with adjoining covered entertaining area. Once inside, the open plan living space with 40mm granite benched kitchen overlooks a large covered outdoor alfresco area, perfect for entertaining all year round by the sparkling large pool.

In a very popular location centrally located in close proximity to Super Q Shopping Centre, The Star Casino, fine dining and the beach. Quality homes like this are in short supply, so act quickly to secure this one!


Key features of the home include:
* Fully Ducted and zoned A/C
* Separate Daikin split system A/C for rumpus room
* 1.5kw Solar panels with 3kw Inverter
* Solar Hot Water
* Secure gated front entrance
* 40mm Granite kitchen bench tops
* Main bedroom has walk through robe to ensuite
* NBN connected
* Fitted surround sound speakers, indoor and outdoor
* Large covered entertaining area
* 10m x 4m In-ground pool
* Low maintenance, flat, North Facing 788 sqm block
* Kids cubby house
* 2 x Large Outdoor Garden Sheds
* Veggie garden beds


Mermaid Waters is the geographical heart of the Gold Coast. It is in close proximity to the beaches of Mermaid Beach and Broadbeach. It accommodates large shopping & medical complexes and benefits from the Light Rail Tram line that is due to be extended to service Mermaid Waters in the coming year, this will eventually open light and heavy rail access to both Brisbane and Gold Coast Airports.

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

Property History for 5 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$857,000
20 Sep 2020
  • 20 Sep 2020
    Sold for $857,000
  • 21 Aug 2020
    Listed for Sale Under Contract
  • 02 Dec 2007
    Sold for $585,000
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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.