SOLD
Sold on 13 Apr 2024 for $895,000

53/172 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 101m2
Land area: 296m2
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Property Details for 53/172 Barrier Reef Dr, Mermaid Waters

53/172 Barrier Reef Dr, Mermaid Waters is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1987. The property has a land size of 296m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Townhouse sold in Mermaid Waters in the last 12 months.

Building Type
Townhouse
Year Built
1987
Floor Size
101m2
Land Size
296m2
Local Government
Gold Coast City
Lot/Plan
56/GTP1771

Last Listing description (September 2011)

Perfect Location! Perfect Price!
If you want an affordable abode within walking distance to the shops, beachesplenty and restaurants then this is the one to check-out! It ticks all the right boxes.

Great for the first home buyer or astute investor. Rental returns are approx. $320 per week.
Perfect to live-in with plenty of space and your own private courtyard. The owner has purchased elsewhere and needs this property sold. Features include:-

* Two great size bedrooms both ensuited - pick your room!
* Two levels for privacy & separation
* Single lock-up garage with ample storage
* Lovely private North/East facing courtyard
* Furniture optional
* Walk to the local Q Store and patrolled beaches
* Popular complex
* Complex includes two swimming pools, library and billiard room
* Affordable living in the heart of Mermaid Waters

Dont miss the opportunity to live in the heart of it all, at an amazingly low price!
Call me today to arrange an inspection.
Mermaid Waters is just 5 minutes from the beach and is bordered by Broadbeach to the north, Mermaid Beach to the east, Miami to the south and Robina to the west.

It is known as a quiet, family residential area comprising the 17ha freshwater Lake Hugh Muntz and a series of lakes and canals winding through the neighbourhood providing recreational activities such as swimming and kayaking. The infrastructure includes shopping at Q Super Centre, Pacific Fair and Robina Town Centre complexes; education at Miami State School, Miami High School, Merrimac High School, All Saints Anglican School, Somerset College, Marymount College and Bond University. Sporting facilities at Pizzey Park include a skate park, swimming complex, Burleigh Bears Leagues Club, Burleigh Soccer Club, Little Athletics and a gymnastics club. All these facilities are within a few minutes drive or use the well appointed bus routes.

Mermaid Waters lets you enjoy all the excitement of the Gold Coast with the theme parks on the Gold Coast corridor only 30 minutes drive north and a choice of 13 international golf courses and additional public courses in the vicinity.
Please contact the Sales Consultant to view a copy of the Sustainability Declaration for this property.

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Property History for 53/172 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$895,000
13 Apr 2024
  • 13 Apr 2024
    Sold for $895,000
  • 05 Dec 2022
    Sold for $835,000
  • 19 Jan 2022
    Sold for $570,000
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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 6,191 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 115.57% increase in median value, while Units have seen a 91.65% increase. As at 31 July 2024:

  • The median value for Houses in Mermaid Waters is $1,870,467 while the median value for Units is $762,224.
  • Houses have a median rent of $1,200 while Units have a median rent of $700.
There are currently 46 properties listed for sale, and 25 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 351 properties were sold in the past 12 months in Mermaid waters.

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