1/50 Oceanic DriveMermaid Waters QLD 4218
Property Details for 1/50 Oceanic Dr, Mermaid Waters
1/50 Oceanic Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 227m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
Last Listing description (April 2017)
EXPRESSIONS OF INTEREST
FREE PROPERTY REPORT AVAILABLE
CLOSING DATE: Monday 20th February, 2016 AT 12PM
Sharing the block with only 5 other units bodes well for your capital growth, and low body corporate fees in conjunction with good rental return and low vacancy rates for the area all add up to this property having great long term investment potential.
What also makes this property a great buy is its positioning as it is under 2km from the beach as well as being within close proximity to a number of primary and secondary schools, Bond University, Pacific Fair Shopping Centre, Gold Coast Convention Centre, and Conrad Jupiter's Casino.
for more information 'Reply Agent', or email Blake Emblem at blake@qldcoastrealty.com.au, or call 0405700557 and Dave Emblem at dave@qldcoastrealty.com.au or call 0414643733.
Property History for 1/50 Oceanic Dr, Mermaid Waters, QLD 4218
- 23 Feb 2017Sold for $277,000
- 06 Feb 2017Listed for Sale Expressions of Interest
- 06 Apr 2016Listed for Rent - Price not available
Recent sales nearby
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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 6,217 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 65.96% increase in median value, while Units have seen a 81.74% increase. As at 30 June 2026:
- The median value for Houses in Mermaid Waters is $2,206,438 while the median value for Units is $977,354.
- Houses have a median rent of $1,400 while Units have a median rent of $830.
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