11/55 Duet DriveMermaid Waters QLD 4218
Property Details for 11/55 Duet Dr, Mermaid Waters
11/55 Duet Dr, Mermaid Waters is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 95m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Unit sold in Mermaid Waters in the last 12 months.
Last Listing description (May 2025)
Incredible value with this superbly appointed 2-bedroom north-facing Mermaid Waters apartment. Located within the quiet James Place the apartment features an expansive open plan kitchen, living and dining, private balcony to the living and master and an oversized bathroom and second bedroom.
Currently owner occupied but with approximate rental returns of between $700-$750 per week and low Body Corporate as well as continued capital growth within Mermaid Waters this property presents the perfect opportunity for investors and first home buyers alike.
Located minutes from 3 major shopping centres live in the heart of it all.
FEATURES
• Recently renovated spacious kitchen with ample storage and European appliances
• Open plan kitchen, living and dining
• North facing
• Private balcony overlooking interior gardens
• Spacious master with ensuite, built in robe and private balcony
• Large, bright second bedroom with built in robes
• Expansive renovated bathroom with internal laundry
• Tiles throughout
• Split system air-conditioning in lounge
• Single lock up garage
• Boutique sized complex with pool, BBQ area and maintained gardens.
• Only 23 units in complex
• Pet friendly complex
FINANCIALS
• Council rates $1,300 per half year
• Water rates approximately $300 per quarter
• Body Corporate approximately $96 per week
• Estimated rental return $700-750 per week
LOCATION
• 1kms Pacific Fair
• 2.2kms Pizzy Park
• 2.5kms The Oasis
• 2.7kms Q Super Centre
• 3kms Merrimac State High School
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 11/55 Duet Dr, Mermaid Waters, QLD 4218
- 17 May 2025Sold for $777,000
- 14 May 2025Listed for Sale $699,000
- 21 Feb 2021Sold for $440,000
Recent sales nearby
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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 6,213 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.
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