122/215 Cottesloe Drive, Mermaid Waters, QLD 4218 sold on 25 May 2026 | OnTheHouse
SOLD
Sold on 25 May 2026 for $992,000

122/215 Cottesloe Drive
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 155m2
Land area: 155m2
Sold By
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Tim Gerards
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Property Details for 122/215 Cottesloe Dr, Mermaid Waters

122/215 Cottesloe Dr, Mermaid Waters is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1994. The property has a land size of 155m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom Townhouse sold in Mermaid Waters in the last 12 months.

Building Type
Townhouse
Year Built
1994
Floor Size
155m2
Land Size
155m2
Local Government
Gold Coast City
Lot/Plan
122/GTP101157

Last Listing description (July 2026)

Located in the highly sought after location of Mermaid Waters, which is in the heart of the Gold Coast in a complex called "Sailfish Cove".Sailfish Cove is security gated has manicured gardens, ample parking for guests and boasts a swimming pool area that is so amazing you would think that your at Southbank, it consists of 3 swimming pools with waterfalls, a spa, multiple undercover entertainment areas, a picnic area overlooking Lake Orr that has a walking trail, a jetty to do some fishing and bathroom facilities.This WATERFRONT townhouse consists of 3 bedrooms all with built in wardrobes (Master with balcony that overlooks another jetty, walk-in robe & ensuite), large main bathroom, central kitchen with pantry, dishwasher, separate laundry, air-conditioned lounge room, 3 toilets (2 upstairs/1 downstairs), single lock up garage PLUS 2 EXTRA CAR SPACES at the front of the property.Currently returning $760p/w till January 2027, but would achieve well in excess of $900p/w through the current onsite manager

Property History for 122/215 Cottesloe Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$992,000
25 May 2026
  • 25 May 2026
    Sold for $992,000
  • 22 May 2026
    Listed for Sale Offers Over $988,888
  • 20 Jun 2005
    Sold for $316,000
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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 6,225 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 51.00% increase in median value, while Units have seen a 77.20% increase. As at 31 July 2026:

  • The median value for Houses in Mermaid Waters is $2,089,284 while the median value for Units is $967,893.
  • Houses have a median rent of $1,400 while Units have a median rent of $850.
There are currently 48 properties listed for sale, and 15 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 282 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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Contact agent
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Tim Gerards
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Harcourts Inspire
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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.