SOLD
RECENT ADVICE
Sold on 24 Apr 2024 for $1,610,000

7 Southerly Street
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 646m2
Save

Property Details for 7 Southerly St, Mermaid Waters

7 Southerly St, Mermaid Waters is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 646m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Land Size
646m2
Local Government
Gold Coast City
Lot/Plan
305/RP162837

Last Listing description (April 2024)

Auction scheduled for 24th April at 11am in rooms

After 20 years of ownership, this much-loved family home is now ready to welcome a new owner to experience this prime Mermaid Waters lifestyle. Situated just 2km from the beach, this property sits on a spacious 648m2 flood-free parcel of land in a quiet street surrounded by house proud neighbours.

The single-storey residence boasts a generous floor plan, notably oversized from the typical 1980s homes prevalent in the area. While retaining its original charm, the bathrooms and kitchen have been updated at various times to provide functionality and modern convenience. This presents an opportunity for the new owners to move in and enjoy the home as is, with the option to embark on renovations at their leisure in the future. The original garage offers versatility, ideal for accommodating a home-based business or creating a potential dual living space. Alternatively, it can be repurposed as a children's retreat or additional living area, providing options.

Step outside to discover low-maintenance yards and landscaping, complemented by a spacious concrete pool basking in year-round sunshine, offering both relaxation and privacy. An expansive alfresco area is perfect for gatherings with friends, providing an ideal setting for poolside entertainment."

Further features:

- Solar system to the roof for reduced power bills.
- Large, galvanised garden shed at the rear of the house.
- Fully fenced yard with lockable gatehouse and carport.
- No flood overlay on a generous 646m2 block.
- 19m frontage - 34m deep.
- Land rates $2600 per annum - water $1200 pa plus usage (Approx.)
- Rental appraisal - $1000 pw.
- Building and pest report available to buyers - contact agent.

This home has been much loved for the past 20 years, but the time has come for new ownership. The property is vacant, and the owners will entertain all genuine offers prior to Auction which is scheduled for 11am on the 24th of April in rooms at the Coastal head office in Broadbeach.

Mermaid Waters, sits 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's renowned for its tranquil atmosphere, centred around the 17ha Lake Hugh Muntz and a network of lakes and canals, perfect for swimming and kayaking. Nearby amenities include shopping centres like Q Super Centre, Pacific Fair, and Robina Town Centre, along with several schools and sporting facilities at Pizzey Park. The area provides easy access to the excitement of the Gold Coast, including theme parks and numerous golf courses, all within a short drive.

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 7 Southerly St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,610,000
24 Apr 2024
  • 24 Apr 2024
    Sold for $1,610,000
  • 03 Apr 2024
    Listed for Sale Auction
  • 05 Sep 1995
    Sold for $200,000
Sign in to see more transactions

Commute Calculator

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.

Suburb Insights for Mermaid Waters 4218

Market Insights
Mermaid Waters Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Mermaid Waters Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Daniel Knapp
Show contact details
Preferred contact:
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.