SOLD
Sold on 25 Nov 2023 for $612,250

6/55 Duet Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 105m2
Land area: 98m2
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Property Details for 6/55 Duet Dr, Mermaid Waters

6/55 Duet Dr, Mermaid Waters is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 98m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Mermaid Waters in the last 12 months.

Building Type
Unit
Year Built
1983
Floor Size
105m2
Land Size
98m2
Local Government
Gold Coast City
Lot/Plan
6/BUP5834

Last Listing description (March 2024)

Newly renovated ground floor unit offering modern and contemporary styled living. Beautiful expansive open plan kitchen, dining and living areas. Both bathrooms have been renovated with on-trend finishes and neutral tone hybrid flooring throughout.

Property Features:

? Brand new modern kitchen and appliances, stone benchtops, tiled splashback and island bench

? Separate walk in pantry
? Both bathrooms renovated with floor to ceiling tiles and new tapware
? Master bedroom, new blinds, new ceiling fan and ensuite
? Second bedroom with new blinds and ceiling fan
? Air-conditioning in living area to cool and heat the whole unit
? New lighting throughout unit
? Beautiful new neutral toned hybrid flooring
? Much desired ground floor location with courtyard patio area
? Single lock up garage
? Quiet complex with well-maintained tropical gardens, BBQ area and swimming pool
? Only 23 units in complex
? Pet friendly complex
? Council rates approx. $1,100 per half year
? Water rates approx. $340 per quarter
? Expected rental return approx. $650 - $700 per week
? Minutes' walk to Mermaid Waters Shopping Village, Pacific Fair and a quick bike ride to the beach.

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Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 6/55 Duet Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$612,250
25 Nov 2023
  • 25 Nov 2023
    Sold for $612,250
  • 22 Nov 2023
    Listed for Sale Offers Over $599,000
  • 24 Mar 2023
    Listed for Sale $710,000
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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 6,178 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, 346 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.