1/52 Oceanic Drive, Mermaid Waters, QLD 4218 sold on 01 September 2025 | OnTheHouse
SOLD
Sold on 01 Sep 2025 for $700,000

1/52 Oceanic Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 74m2
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Property Details for 1/52 Oceanic Dr, Mermaid Waters

1/52 Oceanic Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 74m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom Unit sold in Mermaid Waters in the last 12 months.

Building Type
Unit
Land Size
74m2

Last Listing description (September 2025)

This well-positioned 2-bedroom, 1-bathroom ground floor unit offers an exceptional opportunity for first-home buyers, downsizers or investors seeking a property with considerable potential. Nestled within a boutique block of just six units, the property provides a simple, low-maintenance lifestyle with excellent access to local amenities and recreational facilities.

Key Features & Benefits:
• Rear off-street, covered parking.

• Brought to the market for the first time in 24 years, the property requires internal updates - offering a fantastic scope to add value through renovation and modernisation.
• With only six units in the complex, residents benefit from privacy and peace whilst being central to all the Gold Coast has to offer.
• Situated within walking distance or quick driving distance to essential amenities including shopping centres like the Q Super Shopping Centre, Pizzey Park and other recreational areas, cafes, and local parks.
• Low Body Corporate Fees.

This affordable entry point property is ideal for first home buyers, downsizers & investors looking to expand their portfolio. With some upgrading and modernisation, this property has the scope to significantly increase in value, making it an attractive long-term investment.

Surrounded by a host of lifestyle amenities just steps from your door. Walking distance to Pizzey Park and Miami Aquatic Centre and Mermaid Waterways Village for an array of cafe and dining options. The golden sands of Nobby Beach only moments away along with the Nobbys Beach bar and dining precinct and future light rail. Situated in the catchment for Miami State School and Miami State High School. The Gold Coast Highway is nearby for easy access north to Broadbeach, South to Burleigh, and beyond.

Property History for 1/52 Oceanic Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$700,000
01 Sep 2025
  • 24 Aug 2025
    Sold for $700,000
  • 15 Aug 2025
    Listed for Sale AUCTION
  • 18 Aug 2001
    Sold for $84,000
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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 31 properties listed for sale, and 17 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 314 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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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.