OFF MARKET

6/8 Duet Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 83m2
Land area: 96m2
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Last updated 11 Nov 2024
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Property Details for 6/8 Duet Dr, Mermaid Waters

6/8 Duet Dr, Mermaid Waters is a 2 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 96m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1980
Floor Size
83m2
Land Size
96m2
Local Government
Gold Coast City
Lot/Plan
6/BUP3723

Last Listing description (March 2024)

Welcome to 6/8 Duet Drive Mermaid Waters. This unit has all the makings of an awesome first home or investment. Sitting at the end of a small block of 8 units the property is flooded with natural light. No small pokey balcony here, the balcony spans the entire width of the unit and is positioned perfectly to capture the morning sun. There are plenty of great features so don't miss out.

? 2 Large bedrooms with built-in robes
? Large separate laundry

? Spacious living and dining areas
? Oversized garage with plenty of room for storage
? Large balcony spanning entire width of the unit
? Pool in complex
? 8 units in the complex
? Top floor unit

Investment Information

? Body Corporate - $86 per week approx.
? Current tenants paying $460 per week approx.

Walking distance to Pacific Fair and minutes from Medical Centres, Schools, parks, Star casino, sandy beaches, Convention Centre and the trendy cafes, restaurants and bars of Mermaid Beach and Broadbeach.
Whether you're a first home owner, downsizing or an investor, this property is a must to inspect.

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 6/8 Duet Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$525,000
15 Aug 2023
Listed for Rent
$300/w
12 Apr 2013
  • 15 Aug 2023
    Sold for $525,000
  • 11 Aug 2023
    Listed for Sale Offers over $529,000
  • 15 Jan 2014
    Sold for $230,000
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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 6,179 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 42 properties listed for sale, and 13 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 343 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.