4/40 Oceanic Drive, Mermaid Waters, QLD 4218 | Unit for sale | OnTheHouse
FOR SALE
Offers Over $850,000

4/40 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 111m2
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PRIVACY, CONVENIENCE AND LIFESTYLE

Positioned within a boutique complex of just six residences, this beautifully renovated apartment presents an outstanding opportunity for first-home buyers, downsizers and investors alike. Completely transformed and ready to enjoy, the property offers a turnkey lifestyle with nothing left to do but move in and enjoy.
Featuring two generous bedrooms, one bathroom and a practical low-maintenance layout, the home combines modern comfort with a highly sought-after location in the heart of Mermaid Waters.
Property Features:
• Two generously sized bedrooms, both complete with built-in wardrobes and ceiling fans.
• Light-filled open plan living and dining area.
• Modern kitchen featuring stone benchtops, quality appliances and ample storage.
• Air-conditioned living area for year-round comfort.
• Spacious contemporary bathroom with integrated laundry and additional bench space.
• North-east facing first-floor position, capturing natural light and breezes.
• Oversized single lock-up garage.
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Property Details for 4/40 Oceanic Dr, Mermaid Waters

4/40 Oceanic Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a floor size of 111m2. The place is currently for sale with Ray White Mermaid Waters.

Building Type
Unit
Floor Size
111m2
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About Mermaid Waters 4218

The size of Mermaid Waters is approximately 7.1 square kilometres. There are 23 parks, covering nearly 7.3% of the 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 6,220 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 51.01% increase in median value, while Units have seen a 75.05% increase. As at 31 August 2026:

  • The median value for Houses in Mermaid Waters is $2,149,184 while the median value for Units is $980,438.
  • Houses have a median rent of $1,400 while Units have a median rent of $850.
There are currently 63 properties listed for sale, and 16 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 264 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Ben Gannon
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Jasmine Merry
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Ray White Mermaid Waters
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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.