148 Markeri Street, Mermaid Waters, QLD 4218 | Property Value & History | OnTheHouse
OFF MARKET

148 Markeri Street
Mermaid Waters QLD 4218

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 115m2
Land area: 646m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 10 Aug 2026
Low

High
Save

Property Details for 148 Markeri St, Mermaid Waters

148 Markeri St, Mermaid Waters is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 646m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
1980
Floor Size
115m2
Land Size
646m2
Local Government
Gold Coast City
Lot/Plan
313/RP162837

Last Listing description (December 2021)

Perfectly positioned in the centre of 646m2 of prime real estate in Mermaid Waters, this solid brick and tile, quality-built Dixon home has 3 bedrooms, 2 bathrooms, big double lock up garage and plenty of living areas all in complete original condition. Rented by the same tenants for over 20 years this is the first time this home has come to market. This home is ready for a 21st century transition.

You have the perfect spacious family floor plan ready to convert to a modern Queensland family design to suit the weather and our sunny summer outdoor lifestyle. Ready to bring the outside in and create an architectural masterpiece with several spacious locations for a pool and outdoor entertaining you can let your design juices go wild. Do a quick makeover and you could have this back on the market in around 3 months. Located in one of the highest demand suburbs on the Gold Coast you cannot go wrong if you are looking to do your first reno or turn it in to a dream executive family home then ill will see you at the open. The big double lock up garage is positioned and set for an easy extension to extra living/bedroom and media rooms, with internal and external access.


With the many options to design and profit this is worth a look. The Gold Coast Mermaid Waters housing market has never been in more demand. With the flood gates on the NSW border about to open now is the time to take advantage of such rare opportunities like this one to profit on. Resale for new renovated homes in such a high demand area have never been in more demand with time on market shorter than ever, you can easily capitalise on this with a short turnaround period.

The heart of Mermaid Waters is one of the best performing suburbs on the Gold Coast and always has been due to its central geographical location and this large family home is the perfect blank canvas to renovate and flick in this never-ending rising market.

Approximately 1km to major shopping centres and a 5-minute drive (approx. 2km) to the beaches of the Gold Coast and only a short walk to Pacific Fair and the restaurants of Broadbeach, or a slow walk home after a night out. The area has several quality school catchments and is the perfect safe residential location to raise a family on the Gold Coast.

Call for a private inspection.

Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct.

Property History for 148 Markeri St, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$1,112,500
24 Nov 2021
  • 24 Nov 2021
    Sold for $1,112,500
  • 28 Oct 2021
    Listed for Sale Offers Over $1,100,000
  • 01 Oct 1998
    Transferred
Commute Calculator

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 6,226 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 50 properties listed for sale, and 16 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 281 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

Market Insights
Mermaid Waters Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mermaid Waters Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.