2/53 Karbunya Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

2/53 Karbunya Street
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
Land area: 208m2
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Property Details for 2/53 Karbunya St, Mermaid Waters

2/53 Karbunya St, Mermaid Waters is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 208m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
Unit
Year Built
1978
Floor Size
87m2
Land Size
208m2
Local Government
Gold Coast City
Lot/Plan
2/BUP2787

Last Listing description (September 2025)

Fully renovated to the highest of standards throughout to suit everyone, this 2-bedroom, 2-bathroom ground floor waterfront apartment presents a rare opportunity to embrace coastal living and experience a lifestyle of luxury, exclusivity and convenience in the heart of Mermaid Waters.

Perfectly positioned in a boutique complex of only 4 apartments on the water's edge boasting expansive North to water and city skyline views. Combining a harmonious blend of luxe coastal living with everyday comfort, this sundrenched unit offers seamless indoor/outdoor flow.


The covered outdoor timber deck is complete with a shade sail and a stunning stone wall, providing plenty of space to entertain friends and family. Overlooking the lawn and sandy beaches out to the beautiful water views, this space creates the perfect setting to unwind of an afternoon and enjoy a beautiful sunset.

Coastal style tones, textures and finishes with rendered concrete flooring compliment the minimalistic luxury feel. The spacious gourmet kitchen is flooded with natural light equipped with top-of-the-line Fisher & Paykel stainless steel appliances and a pyrolytic oven for the culinary enthusiast.

Generous master suite with ensuite, air-conditioning, built-in robes, water views and direct access to the deck. Second bedroom with built-in robe and ceiling fan. Family bathroom with Concrete Nation sink, Italian Terrazzo tiling and ABI tapware. Don't miss the opportunity to live in a prime waterside location with everything you need at your doorstep. There is simply nothing to do except pack your bags and start enjoying all that this lifestyle location has to offer.

Property Features:
Unfurnished
2-bedroom, 2 bathroom completely renovated ground floor unit
High quality finishes throughout
Expansive North to water and city skyline views
Covered timber deck complete with shade sail, stunning stone wall and sensational wide water views
Sundrenched, open plan living and dining spaces
Gourmet kitchen with Fisher & Paykel stainless steel appliances, abundance of storage and pyrolytic oven
Rendered concrete flooring, which is sleek and durable, adding a modern touch to the interior
Master suite with ensuite, built-in robe, air-conditioning, water views and direct access to the timber deck
Generous second bedroom with built-in robe and ceiling fan
Family bathroom with Italian Terrazzo floor tiles, floor to ceiling textured tiling and ABI tapware
Plantation shutters throughout
Secure lock up garage
Energy-efficient lighting throughout the home
Built-in safe for added security for your valuables

Location Highlights:
Embrace the allure of waterfront living with direct access to serene and picturesque views
Walk or ride to Miami State Primary and High Schools
Perfectly positioned within walking distance to Pizzey Park, Aquatic Centre, walking tracks, and a variety of outdoor activities
At your doorstep is Waterways Village which offers a selection of cafes, restaurants, IGA, and specialty stores, ensuring all your needs are met within close reach

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Property History for 2/53 Karbunya St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,130,000
14 Jun 2024
Listed for Rent
$1.05k/w
24 Jul 2025
  • 24 Jul 2025
    Listed for Rent $1,050 / week
  • 11 Jul 2024
    Listed for Rent $975 / week
  • 14 Jun 2024
    Sold for $1,130,000
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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 2016 was 12045 people. By 2021 the population was 13088 showing a population growth of 8.7% in the area during that time. The predominant age group in Mermaid Waters is 30-39 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 2021, 68.60% of the homes in Mermaid Waters were owner-occupied compared with 66.10% in 2016.

Mermaid Waters has 6,212 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 106.31% increase in median value, while Units have seen a 114.41% increase. As at 30 November 2025:

  • The median value for Houses in Mermaid Waters is $2,070,636 while the median value for Units is $941,548.
  • Houses have a median rent of $1,195 while Units have a median rent of $770.
There are currently 29 properties listed for sale, and 13 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 316 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.