SOLD
Sold on 20 Dec 2023 for $545,000

58/172 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 22m2
Sold By
REALTY BLUE
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Property Details for 58/172 Barrier Reef Dr, Mermaid Waters

58/172 Barrier Reef Dr, Mermaid Waters is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1988. The property has a land size of 22m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Year Built
1988
Floor Size
62m2
Land Size
22m2
Local Government
Gold Coast City
Lot/Plan
61/GTP1771

Last Listing description (March 2023)

Located in this quiet complex, known as RIO VISTA PALMS, has a secret... be the first to secure this incredible rare find! These spacious Villa's don't come available often.
Just walking distance to the Q-Store super center, Pacific Fair, Star Casino & the Beach!

Mermaid Waters, a suburb that has become the next most sough-after suburb alongside Mermaid Beach, but without the million-dollar price tag! Call Michelle to view this delightful solid brick & tile, single level Villa before you miss the boat!

Part renovated, private king size master bedroom, with two-way bathroom, open plan spacious living, offering 144 m2 of secure space and peace of mind. Perfect for the investor, down-sizer or first homebuyer an opportunity to secure a further investment, that won't break the budget!

This adorable spacious part-renovated 1-bedroom, single level Villa is situated at the quieter end of the complex. Offering privacy and security, with an undercover entertainment space & large fully fenced courtyard, for your pet to roam.

Features;
1 very spacious bedroom
Two-way bathroom
Separate toilet
Separate laundry with direct external access
Lock up garage
Open plan lounge. living & kitchen
Built-ins & ceiling fans
Air-conditioning
Timber look floorboards
Very spacious, private fully fenced courtyard
Outdoor undercover area

Per friendly
Low body-corp; $28 per week
Rates; Approx. $400 per qtr
Water; Approx. $345 per qtr

Contact Michelle today for more information, regarding this property. on 0476 300 688

Property History for 58/172 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$545,000
20 Dec 2023
Listed for Rent
22 Mar 2019
  • 20 Dec 2023
    Sold for $545,000
  • 28 Feb 2023
    Listed for Sale SOLD By MICHELLE McRAE
  • 07 Oct 2022
    Listed for Sale SOLD By MICHELLE McRAE
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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 41 properties listed for sale, and 12 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 347 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.