2/172 Barrier Reef Drive, Mermaid Waters, QLD 4218 sold on 26 August 2025 | OnTheHouse
SOLD
Sold on 26 Aug 2025 for $876,000

2/172 Barrier Reef Drive
Mermaid Waters QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 87m2
Land area: 214m2
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Property Details for 2/172 Barrier Reef Dr, Mermaid Waters

2/172 Barrier Reef Dr, Mermaid Waters is a 2 bedroom, 1 bathroom House and was built in 1987. The property has a land size of 214m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom House sold in Mermaid Waters in the last 12 months.

Building Type
House
Year Built
1987
Floor Size
87m2
Land Size
214m2
Local Government
Gold Coast City
Lot/Plan
2/GTP1714

Last Listing description (November 2025)

Welcome to this well-presented, single-level duplex located in the heart of the sought-after suburb of Mermaid Waters.

Enjoy a spacious, light-filled open-plan living and dining area, freshly painted throughout, and newly carpeted, with two low-maintenance courtyards. Complete with a single lock-up garage in a tidy, well-maintained complex.

The low-maintenance layout and direct street access provides a comfortable, convenient lifestyle.

Featuring:

2 Bedrooms with built-in robes
1 Bathroom, separate toilet
Kitchen with stone bench tops & dishwasher
Air conditioner in the master bedroom and living room
Ceiling fans
Open plan living/dining
Separate laundry
Front and rear courtyards, easy to maintain
1 car garage + park in front
Pets On Application

Situated on Barrier Reef Drive, this property benefits from easy access to public transport, local amenities including the nearby Lake Hugh Muntz, and the major shopping hub of Pacific Fair Shopping Centre in nearby Broadbeach.

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Property History for 2/172 Barrier Reef Dr, Mermaid Waters, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$876,000
26 Aug 2025
Listed for Rent
$750/w
28 Oct 2025
  • 28 Oct 2025
    Listed for Rent $750 / week
  • 26 Aug 2025
    Sold for $876,000
  • 19 Aug 2025
    Listed for Sale Offer Over $799,000
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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 6,212 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.
There are currently 32 properties listed for sale, and 18 properties listed for rent in Mermaid waters on OnTheHouse. According to Cotality's data, 314 properties were sold in the past 12 months in Mermaid waters.

Suburb Insights for Mermaid Waters 4218

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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.