131/215 Cottesloe Drive, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

131/215 Cottesloe Drive
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 108m2
Land area: 186m2
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Last updated 17 Aug 2026
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Property Details for 131/215 Cottesloe Dr, Mermaid Waters

131/215 Cottesloe Dr, Mermaid Waters is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1994. The property has a land size of 186m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in September 2013.

Building Type
Unit
Year Built
1994
Floor Size
108m2
Land Size
186m2
Local Government
Gold Coast City
Lot/Plan
131/GTP101295

Last Listing description (October 2013)

Here is your opportunity to purchase one of the best investments east of Bermuda Street. With the interstate owner urgently needing a sale, now is your opportunity to secure a property at this price. With a fantastic tenant already in place, it is simply perfect for the investor.

* Main bedroom accompanied by ensuite and private balcony
* Spacious kitchen with plenty of bench and cupboard space

* Single lock-up garage with internal access + extra car space in front of garage
* Separate laundry & powder room downstairs
* 2 resort style swimming pools + heated spa
* Security gated entrance
* Split system air conditioning downstairs, ceiling fans in all bedrooms

Rent - $350 per week
Body Corp - $57 per week
Gold Coast City Council Rates + Water - $2700 approx. per year

It won't be here for long so pick up the phone and organise your private inspection today.

Property History for 131/215 Cottesloe Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$260,000
30 Sep 2013
  • 30 Sep 2013
    Sold for $260,000
  • 18 Sep 2013
    Listed for Sale OFFERS OVER $ 249,000
  • 04 Jun 2002
    Sold for $148,000
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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 6,228 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 16 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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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.