1/9 Duet Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

1/9 Duet Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 291m2
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Property Details for 1/9 Duet Dr, Mermaid Waters

1/9 Duet Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 291m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
Unit
Year Built
1980
Floor Size
86m2
Land Size
291m2
Local Government
Gold Coast City
Lot/Plan
1/BUP3711

Last Listing description (March 2024)

Nestled in a sought-after locale, this neat, ground-level home presents not only a comfortable living space but also the convenience of being close to the vibrant heart of the Gold Coast. Indulge in the renowned dining, shopping, and entertainment options that Mermaid Waters and nearby Broadbeach are famous for, all just a stone's throw away. This property is not only an ideal home but also an attractive investment opportunity with the potential for strong rental returns.

Mermaid Waters is known for its extensive canal system, offering a serene backdrop and opportunities for boating and water sports right at your fingertips. With Pacific Fair Shopping Centre and Mermaid Beach within walking distance, everything you need is within reach, as well as reputable schools, local community hubs and parks. Benefit from convenient transportation options, with easy access to major roads and public transport including the G-Link light rail facilitating seamless travel to other parts of the Gold Coast and beyond.

Features:

- Generous living/dining space opening to porch
- New carpet in bedrooms
- Fresh internal painting
- New ceiling fans throughout
- Bathroom with separate toilet
- Single lock-up garage
- Established, low-maintenance landscaping
- One of only six units in block
- Low body corporate of approximately $50/week including building insurance
- Rental appraisal of $630/week

Don't miss the chance to make this your dream home or a savvy investment in one of the Gold Coast's most coveted neighbourhoods. Call Blake or Nikos today to arrange and inspection.

Property History for 1/9 Duet Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$626,500
19 Mar 2024
Listed for Rent
$590/w
19 Apr 2023
  • 19 Mar 2024
    Sold for $626,500
  • 07 Mar 2024
    Listed for Sale Under Contract
  • 28 Mar 2023
    Listed for Rent $590 / week
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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 6,209 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 95.64% increase in median value, while Units have seen a 101.92% increase. As at 31 January 2026:

  • The median value for Houses in Mermaid Waters is $2,086,061 while the median value for Units is $931,024.
  • Houses have a median rent of $1,200 while Units have a median rent of $773.
There are currently 33 properties listed for sale, and 16 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 313 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.