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Sold on 05 Nov 2024 - Price Unavailable

8 Orvieto Avenue
Mermaid Waters QLD 4218

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 655m2
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Property Details for 8 Orvieto Ave, Mermaid Waters

8 Orvieto Ave, Mermaid Waters is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 655m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Year Built
1980
Land Size
655m2
Local Government
Gold Coast City
Lot/Plan
2/GTP173

Last Listing description (November 2024)

8 Orvieto Avenue, Mermaid Waters

RARE FIND - Duplex pair on Mermaid Island, Mermaid Waters

Positioned on a generous 656m block with a private sandy beach. Featuring separate titles and zoned for medium-density residential use, this unique property is ideal for investment, land banking, or redevelopment (STCA). This duplex pair presents endless possibilities.

Mermaid Island is on a natural waterway, Little Tallebudgera Creek. A short walk to Mermaid Beach means youll enjoy both peace and convenience, with the ocean just a short stroll away and vibrant cafes and dining options nearby.

Currently, the duplex comprises two dwellings, each offering 2 bedrooms, 1 bathroom, and 1 car space. This property is a compelling prospect for those seeking a versatile investment or build your dream home in a picturesque locale.

Key Features:
Two individually titled dwellings
Versatile investment potential
Private deck with stunning water views
Close to the beach, cafes, dining, and parks
Exclusive sandy beach access
Medium-density residential zoning
Redevelopment potential (STCA)

Inspection By Appointment - Serious Buyers Only
No Real Estate Agents please

Suburb Profile:
Mermaid Waters boasts the best of Gold Coast living, blending relaxation and lifestyle. Enjoy trendy cafes, restaurants, and bars, all just moments from the beach. With shopping at Pacific Fair, the Pizzey Park sports precinct, and excellent schools nearby, this community is perfect for everyone. The waterfront properties provide direct ocean access for water enthusiasts, while lush parks and bikeways cater to outdoor lovers. Experience the charm of Mermaid Waters today!

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Property History for 8 Orvieto Ave, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
05 Nov 2024
  • 05 Nov 2024
    Sold
  • 24 Oct 2024
    Listed for Sale Offers Over $1,800,000

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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.

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