16/172 Barrier Reef DriveMermaid Waters QLD 4218
Property Details for 16/172 Barrier Reef Dr, Mermaid Waters
16/172 Barrier Reef Dr, Mermaid Waters is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 1987. The property has a land size of 1m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Townhouse sold in Mermaid Waters in the last 12 months.
Last Listing description (September 2025)
This immaculately presented two-bedroom, one-bathroom villa offers a rare opportunity for those seeking a relaxed, low-maintenance lifestyle in one of the Gold Coast's most desirable locations. Nestled within the prestigious Rio Vista Palms Complex, this stylish home blends modern design with coastal charm, providing both convenience and comfort.
Upon entering, you'll be welcomed into an expansive open-plan living and dining area, seamlessly connected to a well-appointed kitchen with ample storage space. High ceilings and abundant natural light create a bright, airy atmosphere, while enhancing the home's peaceful coastal vibe.
The master bedroom, conveniently located on the ground floor, offers direct access to the bathroom, while the second generously-sized bedroom provides flexibility for family or guests. A dedicated study nook in the living area and clever storage solutions throughout, including additional storage in the kitchen, ensure that every space is both functional and efficient.
The property also features a separate laundry with easy outdoor access to the outdoor deck area, elevating convenience and practicality. Modern comforts such as ceiling fans and split-system air conditioning in the living area add to the overall appeal.
Key Features:
- 2 spacious bedrooms
- 1 well-designed bathroom
- 1-car automatic garage
- Expansive open-plan living and dining area
- Clever study nook under the stairs
- Separate laundry with direct outdoor access
- Outdoor deck area
- Low-maintenance gardens
- Low body corporate fees
Perfectly positioned in a highly sought-after complex, this villa offers an exceptional blend of style, comfort, and convenience. It's a true gem for those looking to embrace a carefree coastal lifestyle.
Located in the heart of Mermaid Waters this property offers the perfect lifestyle balance. You'll be within proximity to the beach, cafes, restaurants, and shopping, including the Pacific Fair Shopping Centre, just a short drive away. Families will appreciate the proximity to both public and private schools within the catchment area, making this an ideal location for young families or those seeking a quiet, family-friendly environment. With its coastal ambiance, easy access to amenities, and modern design, this villa presents the perfect opportunity to embrace the relaxed, low-maintenance lifestyle of Mermaid Waters.
Disclaimer: We have used our best endeavors 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 vendors, purchasers, and tenants should make their own inquiries to verify the information contained herein.
Property History for 16/172 Barrier Reef Dr, Mermaid Waters, QLD 4218
- 19 May 2025Sold for $785,000
- 25 Mar 2025Listed for Sale Offers Over $750,000
- 18 Mar 2017Sold for $325,000
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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