OFF MARKET

2 Koomooloo Court
Mermaid Waters QLD 4218

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 239m2
Land area: 812m2
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Property Details for 2 Koomooloo Ct, Mermaid Waters

2 Koomooloo Ct, Mermaid Waters is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 812m2 and floor size of 239m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
House
Year Built
1980
Floor Size
239m2
Land Size
812m2
Local Government
Gold Coast City
Lot/Plan
377/RP167901

Last Listing description (September 2024)

Surfers Paradise First National are pleased to present this unique opportunity located in Mermaid Waters. Perfect for the owner builder or developer. Concept plans for 3 terrace homes are available upon request. (*Subject to council approvals)

The current residence provides a comfortable 5 bedrooms, 3 bathrooms home with a pool and great storage. Perfect to live in while finalising your development plans or ready to rent out straight away with high rental returns.

The prime position corner block of 812m sits along a main thoroughfare boasting excellent connectivity. Take advantage of this rare pristine estate and unlock the potential that this site has to offer.

Features include:
Total land area of 812m
Tranquil but conveniently accessible, corner position
Completed ready to lodge plans and expert reports for development approval for 3 quality Hamptons homes on the site (available on request)
Low density residential zone - perfect to develop highly sought-after luxurious homes (*Subject to council approvals)
Proximity to the heart of Broadbeach, schools, beaches, shopping centres, local shops and public transport

*Artist impression & concept.

For further information please contact Rob Rollington on 0400 780 339.

Property History for 2 Koomooloo Ct, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$750,000
18 Apr 2016
  • 14 Jun 2024
    Listed for Sale $1,895,000 Offers
  • 18 Apr 2016
    Sold for $750,000
  • 02 Apr 2016
    Listed for Sale Not Disclosed
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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 6,177 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 109.39% increase in median value, while Units have seen a 99.43% increase. As at 30 September 2024:

  • The median value for Houses in Mermaid Waters is $1,872,145 while the median value for Units is $801,533.
  • Houses have a median rent of $1,200 while Units have a median rent of $720.
There are currently 46 properties listed for sale, and 18 properties listed for rent in Mermaid waters on OnTheHouse. According to CoreLogic's data, 350 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.