OFF MARKET

8/111 Markeri Street
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 74m2
Land area: 3533m2
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Property Details for 8/111 Markeri St, Mermaid Waters

8/111 Markeri St, Mermaid Waters is a 2 bedroom, 1 bathroom Unit and was built in 1982. The property has a land size of 3533m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
Unit
Year Built
1982
Floor Size
74m2
Land Size
3533m2
Local Government
Gold Coast City
Lot/Plan
8/BUP5255

Last Listing description (November 2024)

This neat 2 bedroom unit located in The Sanctuary Apartments in Mermaid Waters, on the water, is perfect for an investor who wants an immediate return.(there is a tenant locked in for 12 months). A great complex in a central location, very close to Pacific Fair, shops and transport.

The tenant, who has been there for a few years has just locked in another 12 months at $340pw.

Features:

- 2 Bed, 1 Bath
- Pool
- Tenant for 12 months
- Body Corp $69/pw (approx)
- Central Location, very close to shops, Pacific Fair, restaurants and transport

Property History for 8/111 Markeri St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$265,000
04 Jul 2019
Listed for Rent
$300/w
22 Mar 2009
  • 04 Jul 2019
    Sold for $265,000
  • 14 Feb 2019
    Listed for Sale $274,000
  • 20 May 2009
    Sold for $275,000
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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 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.