2/10 Orvieto AvenueMermaid Waters QLD 4218
Property Details for 2/10 Orvieto Ave, Mermaid Waters
2/10 Orvieto Ave, Mermaid Waters is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1976. The property has a land size of 141m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in July 2017.
Last Listing description (September 2017)
This beautifully renovated duplex is situated in one of the most sought after positions on the Gold Coast. Nestled on Mermaid Island, it is within easy walking distance of the beach, tram station and Pacific Fair, which is now the largest shopping and dining destination in QLD. With magnificent views over the water and a pool to relax in and enjoy the glorious weather, this property will enchant you.
The home is in a private and quiet location, whilst being within a short walking distance to the hustle and bustle of the beachfront. It has a beautifully landscaped exotic tropical garden, which creates the perfect hideaway.
HIGHLIGHTS:
Swimming pool overlooking the water
Short walk to the beach
Short walk to Pacific Fair
Short walk to the tram
Newly renovated kitchen and bathrooms
Rendered brick construction
Undercover patio with views over water
Parking for 3 cars under sails
Near Shops and schools
FEATURES:
Modern open plan kitchen
Solar power 1.5kw
Fans
Built in robes
Fly screens
Beautiful tropical gardens
INCOME ESTIMATE:
Rental potential: $630-$650 / week (currently owner occupied)
Airbnb/Stayz potential: $180-$280 per night
OUTGOINGS:
Water & Sewage - $392 per quarter (approx)
Rates - $1094 per half year (approx)
Insurance - $606 per year
DISTANCES:
Beach 800 m
Tram Station 850 m
Bus Stop 500 m
Major Shopping Centre 600 m
Parkland 800 m
Primary School (Broadbeach SS) 1.2 km
Secondary School (Merrimac SHS) 2.9 km
Highway 9.1 km
Train Station 4.7 km
Property History for 2/10 Orvieto Ave, Mermaid Waters, QLD 4218
- 22 Jul 2017Sold for $725,000
- 18 May 2017Listed for Sale $735,000
- 15 Nov 2013Sold for $483,000
Recent sales nearby
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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 6,219 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.
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