SOLD
Sold on 13 Mar 2024 for $1,630,000

61 Rumrunner Street
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 145m2
Land area: 749m2
Sold By
London Estate Agents
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Property Details for 61 Rumrunner St, Mermaid Waters

61 Rumrunner St, Mermaid Waters is a 4 bedroom, 2 bathroom House and was built in 1985. The property has a land size of 749m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Year Built
1985
Floor Size
145m2
Land Size
749m2
Local Government
Gold Coast City
Lot/Plan
198/RP165054

Last Listing description (May 2024)

Nestled on an enviable 749m2 corner lot, this dual living haven epitomizes exclusivity in a sought-after locale surrounded by opulent residences and offering captivating vistas of Broadbeach and Surfers Paradise skylines.

Boasting four spacious bedrooms, complemented by a separate dining area and sun-kissed living space flowing seamlessly onto a rear patio overlooking a the large pool and meticulously landscaped grounds. The detached, elegantly renovated granny flat presents endless possibilities for entertaining, accommodating guests, or generating additional income.

Key Highlights:

- Serenely situated on a generous 749m2 corner block.
- Two separate duellings.
- Expansive open-plan design with adaptable, sun-drenched living spaces
- Four generously sized bedrooms, each with ample built-in storage.
- Immaculately renovated granny flat, offering a separate entrance and two designated parking spaces.
- Extensive outdoor entertaining area with views of the large pool and impeccably manicured yard.
- Convenient proximity to Pacific Fair, public transport options, and the Gold Coast light rail.
- Excellent rental return - $1550 plus per week.

This property affords easy access to Rumrunner Park and the picturesque waterfront, with its network of canals and fishing spots. Merely moments away from the beach, Pacific Fair Shopping Centre, and public transportation hubs, seize the opportunity to claim your slice of Mermaid Waters' most prestigious neighbourhood.

Property History for 61 Rumrunner St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,630,000
13 Mar 2024
Listed for Rent
$600/w
16 Aug 2023
  • 13 Mar 2024
    Sold for $1,630,000
  • 27 Feb 2024
    Listed for Sale Not Disclosed
  • 05 Jan 2024
    Listed for Rent $600 / week
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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 47 properties listed for sale, and 24 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 349 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.